Fund focus: Lightspeed gets traction in India
In 2010, Lightspeed Venture Partners concluded that it could more effectively tap China’s burgeoning technology space with a dedicated country fund. A China vehicle was duly launched and reached a final close in 2013 at $168 million.
The tactic it seemed to pay off as the China business backed successful start-ups such as online-to-offline furniture retailer Meilele and vacation rentals platform Tujia, and then last year raised a second...
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