Lighthouse hits $200m first close on fourth India fund
Lighthouse Funds has reached a first close of approximately USD 200m on its fourth India mid-market fund – four months after returning nearly the entire Fund III corpus through an exit from beauty e-commerce platform Nykaa.
The first close – against an overall target of USD 400m – was reported by VCCircle and has since been confirmed to AVCJ by a source close to the situation. The source added that, apart from one investor...
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