Lightspeed targets $250M for new India fund, focusing on early-stage AI
Lightspeed’s new India vehicle is smaller, faster, and built around early AI bets.
The firm is targeting $250 million for Lightspeed India Partners V, half the size of its 2022 predecessor. TechCrunch says the fund is expected to start investing within two months, with a roughly two-and-a-half-year investment period. The investor letter frames AI as the core thesis across India and Southeast Asia, while the same team behind the prior India funds will manage it. TechCrunch AI's note
The firm is targeting $250 million for Lightspeed India Partners V, half the size of its 2022 predecessor. TechCrunch says the fund is expected to start investing within two months, with a roughly two-and-a-half-year investment period. The investor letter frames AI as the core thesis across India and Southeast Asia, while the same team behind the prior India funds will manage it. TechCrunch AI's note
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