US-based investment firm Bessemer Venture Partners (BVP) has promoted two India vice-presidents to partners effective January 1, 2011. The two VPs, Subramanya (Subu) SV and Siddharth Nautiyal, are based out of its Mumbai office. The firm has also elevated Stephen Kraus, VP at Bessemer's Massachusetts office, to the level of partner.
Several other global PE majors like Actis and TA Associates have also announced promotions of India office executives in recent months.
Subramanya SV joined BVP India in Mumbai as an associate in 2007 and focuses on investments in infrastructure and consumer businesses. He has been closely involved with BVP
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