If there is a market to invest in the world, it is India: Lightspeed exec
Business Standard|April 18, 2024
At a time when foreign investments in Indian startups have slowed significantly, global venture capital (VC) firm Lightspeed Venture Partners is bullish on sectors like consumer tech, fintech, enterprise tech, artificial intelligence (AI), climate tech and electric mobility, a senior executive at the firm said.
ARYAMAN GUPTA
If there is a market to invest in the world, it is India: Lightspeed exec

"Between 2022 and 2023, venture capital funding in India dropped by over 65 percent. We, however, continue to remain balanced in our pace of investing in India. The number of investments remained roughly the same in the two years. We made between 20 and 25 investments over the last year, remained consistent and will maintain the pace," said Rahul Taneja (pictured), partner, Lightspeed India. The firm has invested in Oyo, Sharechat, Udaan, Pocket FM, and Byju's, among others.

This story is from the April 18, 2024 edition of Business Standard.

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This story is from the April 18, 2024 edition of Business Standard.

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