Brij Bhushan, co-founder and former Chief Operating Officer of Magicpin, has joined early-stage venture capital firm Prime Venture Partners as a full-time partner. Prime Venture Partners announced on Friday that Bhushan will contribute to the firm’s investment, portfolio management, and fundraising activities. Bhushan has experience in the venture capital world, having served as Vice President at Nexus Venture Partners before co-founding Magicpin.
“Joining Prime Venture Partners feels like coming full circle. As a VC turned founder, I’ve realized that early-stage startups need more than just investment—they need a true team member,” Bhushan said. At Magicpin, Bhushan played a key role in the company’s growth, helping raise over $100 million from investors such as Lightspeed, Zomato, and Waterbridge.
Brij Bhushan joins Prime team
Magicpin has become India’s leading hyperlocal startup and the third-largest food delivery app. Amit Somani, Managing Partner at Prime Venture Partners, believes Bhushan brings a unique combination of strategic thinking, execution excellence, and a long-term mindset essential for company building.
“We believe he is a perfect addition to our leadership team,” Somani said. In addition to Bhushan’s appointment, Prime Venture Partners has promoted Gaurav Ranjan to Principal of Investments. Ranjan has been with the firm for six years, contributing to the evaluation of over 2,000 startups and working closely with several early-stage companies in the firm’s portfolio.
Prime Venture Partners, led by Sanjay Swamy, Shripati Acharya, and Amit Somani, has invested in more than 50 startups over the past 12 years. With Bhushan’s addition, the firm aims to strengthen its position in the Indian VC and tech startup ecosystem, focusing on guiding companies through various stages of growth, from early funding rounds to potential IPOs.
- Entrackr.”Magicpin co-founder Brij Bhushan returns as VC; joins Prime VP as partner”.
- Pune.”Magicpin’s Co-Founder Brij Bhushan Takes on New Role at Prime Venture Partners”.
- IndianStartupNews.”Magicpin co-founder Brij Bhushan joins Prime Venture Partners as full-time partner”.