Brij Bhushan, co-founder and former Chief Working Officer of MagicPin, has joined early-stage enterprise capital agency Prime Enterprise Companions (PrimeVP) as a full-time enterprise partner.
On this position, Bhushan can be a key member of the funding group and contribute to all features of the agency’s investments, portfolio administration and fundraising, Prime VP mentioned in a press launch.
Bhushan beforehand labored in enterprise capital as Vice President at Nexus Enterprise Companions earlier than co-founding MagicPin. He’s Bain & Co. Throughout his tenure at MagicPin, Bhushan was instrumental in its progress by elevating over $100 million from buyers together with Lightspeed, Zomato and Waterbridge.
“..I am excited to return to VC, the place I can assist founders navigate their journey, leveraging my experiences with a group that really understands what it takes to get an organization off the bottom,” he mentioned. Bhushan.
With plans to strengthen the corporate’s funding and portfolio administration capabilities, Principal VP Gaurav Ranjan has been promoted to the publish of Head of Investments. Ranjan served PrimeVP for six years as assistant and most not too long ago as vice chairman.
Led by Sanjay Swamy, Sripathy Acharya and Amit Somani, Prime VP has invested in over 50 startups together with WheelsEye, MyGate, Quiziz, PlanetSpark, Dozee, Juper, Neo, OTO, Knight FinTech, Finag and Navadhan. For the final 12 years. The agency has achieved a number of vital exits, such as Joyful to Cred, Recco to Stripe, EdgeTap to RazorPay, and the IPO of TraxN.