Tech article
Lightspeed targets $250M for new India fund, focusing on early-stage AI
Publisher description: The Silicon Valley firm is aligning its India fundraising cycle with its global funds for the first time, as it shifts to a shorter investment period.
TechCrunch | Sep 25, 2026 | Jagmeet Singh
Automated excerpt
The investment thesis outlined in the letter anticipates AI creating more value in India than the internet did, with the fund seeking out AI companies across India and Southeast Asia. The total included a $980 million early-stage venture fund. The same team that led Lightspeed’s previous four India funds will manage the new fund, per the letter.
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