In India, the company has a portfolio of 24 startups, according to its website, including hospitality giant Oyo, edtech decacorn Byju’s, and social media startup ShareChat, B2B platform Udaan, and healthcare SaaS firm Innovaccer. In April, Lightspeed Venture Partners raised three new global funds totaling USD 4.2 billion. ![]() Currently, the two-decades-old VC firm has an active portfolio of 400 startups. Globally, Lightspeed Venture Partners and its affiliates currently manage more than USD 10 billion, with investment professionals and advisors based in India, Silicon Valley, Israel, China, Southeast Asia, and Europe. “Lightspeed will continue to focus on early stages of innovation, and work with founders to support them through their growth lifecycle – including the growth capital pool of over USD 3 billion raised recently in its global funds,” the VC firm said. More than 80% of its investments have been committed to firms in Seed or Series A stages. So far, the VC firm has invested over USD 750 million in Indian startups. Three years later, the VC firm closed its second fund of USD 175 million. In 2015, Lightspeed raised its first India-dedicated fund of USD 135 million. “Strong founders are utilizing the tailwinds of India’s digital ecosystem growth to build out a new future and Lightspeed is strongly committed to backing these founders,” it added.Ī part of the Silicon Valley-based multi-stage VC investment firm Lightspeed Venture Partners, Lightspeed India has been investing in direct and cross-border Indian companies since 2007. “Lightspeed believes this is when the best entrepreneurs and companies of the future will emerge.” ![]() It is always tough to start a company, it requires passion & leadership – and in these times, it requires more courage than ever before,” the company said in a statement. “This year began with a crisis like no other. The new fund, Lightspeed India Partners III, will focus on startups that have a strong base of operations in India and are targeting domestic or global markets. Venture capital firm Lightspeed India Partners Advisors on Tuesday said it has raised USD 275 million for its third fund to back early and growth-stage technology companies in the country across consumer and enterprise segments.
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