Lightspeed aims to raise $250 million for new AI-focused fund in India

Sep 25, 2026

AI Summary

Lightspeed is targeting $250 million for its new early-stage fund, Lightspeed India Partners V, with a focus on AI investments. The firm has already secured 80% of its target and plans to start investing within two months, aligning its India funds with its global fundraising cycle for the first time.

Lightspeed is raising $250 million for its new early-stage fund, Lightspeed India Partners V, focusing on AI technology.
The firm has already received commitments for 80% of its target and plans to begin investing within two months.
This fund will be half the size of its previous $500 million fund raised in 2022 and aims for a shorter investment period of about two and a half years.
Lightspeed's strategy reflects a shift towards AI, anticipating it will generate more value in India than the internet did.
The firm has invested in notable AI companies globally and has backed Indian startup Sarvam AI, which develops large language models.
Lightspeed's India funds will now follow the same fundraising cycle as its global funds, a change also adopted by rival firm Accel.
The firm has deployed approximately $900 million through its dedicated India and Southeast Asia funds, with an additional $1.6 billion from its global funds supporting regional companies.
The same management team that oversaw previous India funds will manage the new fund.

investmentearly-stagefundraisingindiaai

Lightspeed aims to raise $250 million for new AI-focused fund in India

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