Lightspeed raises its first biggest fund for Indian start-ups

Lightspeed India Partners announced that it has closed $275M from LPs for its third fund in India. This new fund is its biggest for the country and will enable the firm to make early-stage bets on more than two dozen start-ups in the region. The American venture firm made two high-profile partial exits in the past year from Oyo and BYJU’S. Till now, Lightspeed has invested $750M in India. The Indian arm typically invests in the early stages of the start-up.

Click here to read the full story

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s