The A.I. Daily
Lightspeed Targets $250M for New India AI Fund
Lightspeed is targeting $250 million for a new early-stage India fund, about half the size of its $500 million predecessor raised in 2022, with a focus on AI. Named Lightspeed India Partners V, it is set to begin investing within two months over a roughly 2.5-year period, aligning India fundraising with its global cycle for the first time.