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BEJUL SOMAIA
Lightspeed eyes new India fund, plans smaller corpus of $300–350 million amid AI focusThe venture capital firm, which was initially looking to raise as much as $500 million for its fifth India fund, has now cut the target siz...- Groww investors reap bumper returns; Lightspeed’s India rethinkHappy Wednesday! Groww delivered strong gains to early investors after the IPO lock-in expired. This and more in today’s ETtech Morning Dis...
- Lightspeed bets big on AI, India’s real edge is in applied innovation: Ravi Mhatre & Bejul SomaiaSilicon Valley fund which has backed Anthropic will stay away from investing in consumer brands, remaining focused on technology-first star...
- Lightspeed’s Ravi Mhatre & Bejul Somaia on India’s AI opportunity; The rise of NSFW appsHappy Monday! Lightspeed’s top brass has laid out the firm's AI thesis for India. This and more in today’s ETtech Morning Dispatch.
- Many speculative models will collapse but those solving real problems will endure: Anthropic investor Lightspeed’s Ravi Mhatre on AI bubbleVenture capital firm Lightspeed acknowledges a current AI valuation bubble. However, they believe the underlying AI technology represents a...
- Lightspeed's Ravi Mhatre & Bejul Somaia on AI bubble, new India fund & moreHappy Wednesday! Silicon Valley-based Lightspeed's partners spoke to us exclusively on all things AI. This and more in today's ETtech Morni...
- Strong India stance shaped by growth macros, geopolitics: Lightspeed’s Bejul SomaiaLightspeed senior partner Bejul Somaia exclusively spoke to ET about India’s promise for global venture capital firms, the rise of quick co...
- Indian startups can thrive despite speed bumps, Lightspeed’s Bejul Somaia saysEarlier this year, Paytm faced a regulatory directive that severely impacted its payments bank subsidiary. Meanwhile, Byju’s has been grapp...
- India not for the fainthearted, but worth it: Lightspeed’s Bejul Somaia after Sequoia’s exitIn a lengthy note posted on Twitter, he said India is not for the fainthearted, but its potential is compelling.
- Oyo appoints Indian woman Paralympics medallist Deepa Malik as independent directorMalik said she has a deep passion for travel and adventure and she looks forward to bringing a customer oriented perspective to Oyo.
- Raghunandan G ventures out again with $15 million seed for ZolveZolve, a neobanking fintech startup, will use the funding from investors Accel India and Lightspeed Ventures to offer front-end banking sol...
- Ravi Shankar Prasad, Piyush Goyal to be guests at ET Startup AwardsIndia’s brightest minds, renowned investors and policymakers will gather online to honour some of the most impactful startups and entrepren...
- Sequoia Capital MD steps down from Oyo board, to have observer statusBejul Somaia, partner at Lightspeed India Partners, will continue as a board member.
- Lightspeed raises $275 million for third India fundThe Silicon Valley-based firm has till date deployed about $750 million in India across two dedicated funds and its global arm.
- Oyo Hotels & Homes appoints new independent member in its boardAlstead most recently served as chief operating officer at Starbucks Corporation and is the founder, president, and CEO of Ocean5 and Table...
- Oyo-backer Lightspeed eyes third $300 million India fundThe new fund comes soon after the firm has been able to complete record exits from unicorns like Oyo and Byju's in the previous year, deliv...
- Betsy Atkins joins Oyo board as Independent DirectorAtkins, who founded Baja Corp, an early-stage technology, energy and healthcare-focused investment firm in the early 90s, has sat on the bo...
- ET Startup Awards 2019: LightSpeed's Bejul Somaia bags the 'Midas Touch' categoryBejul Somaia’s early and bold bets as well as his timely exits helped him win over other nominees.
- Bejul Somaia taught me how to hire right: Ritesh Agarwal, CEO, Oyo RoomsWhat I learnt from my mentor: In the run-up to the grand finale of the ET Startup Awards 2017, your favourite newspaper presents a special ...
- Ritesh Agarwal's journey from being a SIM-seller to the helm of OYO RoomsFor Ritesh Agarwal, who left home in Odisha as a teenager to seek his fortune, carrying all his possessions wherever he went was second nat...
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