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Lightspeed Ventures Targets $250 Million for New AI-Focused Fund in India
Lightspeed Ventures is targeting $250 million for a new early-stage fund focused on artificial intelligence in India. The fund, named Lightspeed India Partners V, aims to capitalize on the potential of AI to drive startup growth in the region. Lightspeed has already secured commitments for 80% of its target and plans to begin investing within two months.
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Lightspeed
Anthropic
xAI
Databricks
Sarvam AI
Our neutral summary
Lightspeed Ventures is targeting $250 million for a new early-stage fund focused on artificial intelligence in India. The fund, named Lightspeed India Partners V, aims to capitalize on the potential of AI to drive startup growth in the region. Lightspeed has already secured commitments for 80% of its target and plans to begin investing within two months.
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