LIGHTSPEED VENTURE PARTNERS
Hubilo raises $23.5 million in funding
The company plans to use the funds raised to strengthen its product and design teams in India as well as build out its US and Europe-based go-to-market teams with new offices in San Francisco and London.
Lightspeed selects 17 startups for its Extreme Entrepreneurs program
These startups were selected from a pool of more than 1,200 across India...
2020 year in review: Risk investors pour $9.3 billion into Indian startups despite Covid-19 woes
The overall funding amount raised is higher ...
Eightfold AI raises $125 million Series D funding led by General Catalyst
The company brings together billions of anonymized data points, algorithms and domain expertise required to make a reliable, scalable impact for enterprise-scale organizations.
Lightspeed Venture Partners expands to Southeast Asia, sets up regional office in Singapore
Lightspeed, which manages over $10 billion of committed capital, is also setting up a dedicated investment team for the region, which includes two India partners - Bejul Somaia and Akshay Bhushan.
Lightspeed raises $275 million for third India fund
The Silicon Valley-based firm has till date deployed about $750 million in India across two dedicated funds and its global arm.
Google in talks with ShareChat as latter scouts for $150-200 million
ShareChat owns a regional language social media platform that competed with ByteDance's recently banned Helo and a new short-video app Moj, which was released soon after TikTok's exit from the market.
ShareChat raises $40 million in bridge round
ShareChat's existing investors include Lightspeed Venture Partners, Saif Partners, Twitter, TrustBridge Partners, India Quotient and Shunwei Capital.
Startups help blue collar workers start their own gigs
Many startups are aiming to upskill and reskill the new breed of micro-preneurs across states such as Telangana, Karnataka, Andhra Pradesh and Tamil Nadu.
Wipro ventures invests in Yugabyte, plans to take its open source SQL database to its clients
Yugabyte has also added Scott Yara, co-founder and former SVP of Products of Pivotal Software, to its board of directors.
ShareChat lays off 101 employees as advertising market tanks
The laid-off employees will have the option of taking a ‘garden leave’ of 2 months or half the salary for four months. Garden leave is a practice when a terminated employee stays away from work during the notice period, while still remaining on the payroll.
Lightspeed has $4b to invest after closing 3 funds
Lightspeed Opportunity Fund, a new fund, will use $1.5 billion to invest in breakout companies across the markets that the multi-stage venture capital firm operates in, including China, India, Israel, Europe and Southeast Asia.
Yellow Messenger raises $20 million Series B from Lightspeed Venture Partners
Yellow Messenger will use the funds to expand globally and strengthen its multi-lingual voice bot platform.
VCs and startup CEOs join hands to launch Covid-19-focussed Grant
The Action Covid Team Grants, which is possibly a first-of-its-kind initiative globally, has already received about 40% of its target corpus.
Coronavirus blow: Firms prepare for slow capital flows, uncertainty
Record capital flows into Indian startups, many of which have been chasing growth at all costs and seen valuations multiply in the past year, are expected to halt in the coming months as coronavirus disrupts economies around the world.
