Lightspeed secures $500 million to invest in startups in India and Southeast Asia
Global Venture Capital firm, Lightspeed Venture Partners has secured $500 million for its India Fund to invest in startups across India and Southeast Asia.
- The $500 million raise is part of the $7 billion raise announced by the VC to be invested in early and growth-stage startups globally.
- The India Fund will be deployed as $500,000-$15 million for Series B investment.
- With more than $1.5 billion invested in India, Lightspeed's portfolio includes Udaan, Cato Networks, Sharechat, Carta, Grafana, and Rubrik among others.
- The VC also announced its launch of Lightspeed Faction which will fund web3 startups globally in the blockchain ecosystem.
Get unlimited access to tech news and data delivered to your inbox weekly.
You've successfully subscribed to Techloy
Great! Next, complete checkout to get full access to all premium content.
Welcome back! You've successfully signed in.
Success! Your account is fully activated, you now have access to all content.
Error! Stripe checkout failed.
Success! Your billing info is updated.
Error! Billing info update failed.