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AI DEVELOPING

Lightspeed targets $250M for new India fund, focusing on early-stage AI

Close-up of two NVIDIA RTX 2080 graphics cards with dual fans, high-performance hardware.
Illustrative photo.Photo by Nana Dua on Pexels

What happened

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.

Sources & evidence