As part of its US$7.1 billion commitment, venture capital company Lightspeed Venture Partners (LSVP) announced closing a US$500 million early-stage fund (LSIP Fund IV) for India and Southeast Asia. In addition to the LSIP Fund IV, the US$1.98 billion Lightspeed Venture Partners XIV-A/B, L.P. (Fund XIV), US$2.26 billion Lightspeed Venture Partners Select V, L.P (Select Fund V), and the US$2.36 billion Lightspeed Opportunity Fund II, L.P. (Opportunity Fund II) make up a quartet of US$7.1 billion in funds. The company made its first investment in India in 2007. Over the following five years, it has increased its footprint to include 28 specialists in Bengaluru, Delhi, Mumbai, and Singapore, making it one of the most significant venture advising teams in the area. Lightspeed Supports Various Entrepreneurs With twelve international offices spread across six nations, Lightspeed supports extraordinary entrepreneurs in all industries and geographies and at any stage of their entrepreneurial journey. Since its inception, Lightspeed has collaborated with more than 500 founders of businesses in the enterprise, consumer, health, and fintech sectors. With 33 IPOs over the years, about one-fourth of those businesses have either been purchased or gone public. According to the business, Lightspeed has partnered with several market giants in India, including Indian Energy Exchange, OYO, Byju’s, Grab, Acko, Razorpay, Udaan, ShareChat, and Innov...
XRP Price Prediction For 24 November
