LIGHTSPEED VENTURE PARTNERS
2020 year in review: Risk investors pour $9.3 billion into Indian startups despite Covid-19 woesThe overall funding amount raised is higher than in 2016 and 2017; more than $1.5 billion invested in December alone.
- 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 impac...
- 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 inclu...
- 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,...
- ShareChat raises $40 million in bridge round
ShareChat's existing investors include Lightspeed Venture Partners, Saif Partners, Twitter, TrustBridge Partners, India Quotient and Shunwe...
- 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...
- 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 pr...
- 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 vent...
- 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 corpu...
- 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 yea...
- VCs start new calendar year with $7 billion left to invest
Bain & Company’s study sees more action to add to $10 billion deployed by the industry till now.
- Oyo may cut more jobs to shore up its bottom line
Executives say scale of layoffs ‘far larger’ than expected but Oyo denies any such plan.
- SoftBank-backed Oyo lays off thousands across India, China
SoftBank-backed Oyo plans to shed another 1,200 in India over the next three to four months, sources said.
- Guess how much Sequoia executives made from Oyo
The windfall for the fund executives comes on the back of RA Hospitality, a special purpose vehicle domiciled in the Cayman Islands, recent...
- Why did Oyo founder take a risky $2 billion bet?
The unprecedented move has raised eyebrows due to the massive debt financing raised by the entrepreneur by pledging his shares. Founder & C...
- Sequoia Capital’s seed fund Surge backs 20 startups
Investors pick up startups at seed stage as more angels step in.
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