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    • ‘Quick is not the only reason they exist’: Lightspeed’s Rahul Taneja on the rise of vertical quick commerce

      As vertical quick commerce platforms scale across fashion, home services and baby care, Lightspeed's Taneja says the real edge lies in supply chain control and consumer loyalty — not just speed. The firm is backing founders solving large, unorganised category problems through tech-led formalisation.

    • AI4Bharat researchers to raise $12 million from Peak XV, Lightspeed for own firm, sources say

      The move comes months after Indian-government backed AI4Bharat unveiled a mobile assistant that aims to make information on government schemes accessible in multiple languages

    • India is tough and not for the faint hearted, but worth it: Lightspeed's Bejul Somaia

      Somaia's comments come at a time when Sequoia's split, announced last week, raised concerns about whether the development was a reflection of the venture opportunity in India

    • Edtech Teachmint, valued at Rs 4,000 cr, earned Rs 80 lakh from ops in FY22

      FY22 was the first full year of operations for Teachmint, and the company raised over $110 million (close to Rs 800 crore) during the period. Naturally, it earned revenue from interest on fixed deposits and Interest on income tax refunds of Rs 12.7 crore.

    • Lightspeed-backed Teachmint becomes latest edtech startup to lay off employees

      Teachmint has offered a severance package of three months and health coverage to the laid-off employees and would would also expedite the vesting of ESOPs for the affected employees and the laid-off employees can apply for different roles within the organisation

    • Udaan starts multiple deliveries per day for pharmacies in six cities

      During the pilot phase, the business witnessed a 45 per cent rise in orders in the select cities.

    • Exclusive | Top VC funds come together to support companies

      VC funds including Sequoia Capital, Accel, Lightspeed Venture Partners and Matrix Partners India are currently finalising the plan

    • Silicon Valley IPO market boom winding down, data shows

      Now, the party is winding down, according to data analyzed by Reuters: Five of the 12 US-based tech companies that went public this year, or 42 percent, priced their shares at a valuation below or nearly the same as their private market value, compared to 24 percent of the 29 that went public in 2014.

    • India can produce the next 'WhatsApp' or 'FB': Lightspeed

      India has the ability to produce the next ‘What‘s App‘ or ‘Facebook‘, especially with the government keen to reduce bottlenecks in the start-up ecosystem, says Ravi Mhatre, MD & Founder, Lightspeed Venture Partners.

    • LocalOye raises Rs 31 cr from Lightspeed, Tiger Global

      LocalOye will use the funds to aggressively scale nationwide and expand to more service categories, said a company release. The company will begin operations in Bengaluru in May, followed by NCR.

    • Lesser-knows Indian songsmiths are creating a symphony

      It came naturally for founders of Radioflote, Dhingana and Tune Patrol to set up a company around music like other startups in the space

    • OneAssist offers assistance for your lost wallet

      Gagan Maini and Subrat Pani have developed a business in the space of assistance that can help reduce your anxiety if you lose your phone, wallet or essential documents

    • Fashionara receives fund infusion from Helion, Lightspeed

      Fashionara.com, the Bangalore-based online portal that offers premium fashion and lifestyle merchandise received capital funding from Helion Venture Partners and Lightspeed Venture Partners. The funds raised will be used to build the business. Sources in Fashionara said it would be seeking second and third round of funding.

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