Lightspeed Venture Partners
India's ShareChat raises $502m at $2.1b valuation
Tiger Global Management has led a $502 million Series E round for ShareChat, which claims to be India’s largest social media platform, at a valuation of $2.1 billion.
Temasek backs China industrial SaaS player
Temasek Holdings has led a RMB500 million ($77 million) round for Black Lake Technologies, a China-based software-as-a-service (SaaS) provider for manufacturers.
India’s Zolve raises $15m seed round
Accel and Lightspeed Venture Partners have led a $15 million seed round for Zolve, an India-based digital bank focused on cross-border services.
India SaaS: Global first
India’s enterprise software start-ups have traditionally ceded the spotlight to their consumer-facing peers, primarily because of their outlook – and their VC backers – are US-oriented. That is now changing
India’s Zetwerk secures $120m Series D
India’s Zetwerk, a marketplace for the outsourcing of small manufacturing jobs, has raised a $120 million Series D round led by US-based Greenoaks Capital and Lightspeed Venture Partners.
Salesforce invests $15m in India's Darwinbox
Salesforce Ventures has invested $15 million in Darwinbox as part of the Indian staff management technology provider's latest growth round. It brings funds raised to date to about $35 million.
China mapping start-up gets $40m Series A extension
Chinese mapping start-up Wayz.ai has raised $40 million in an extended Series A round from a range of local investors.
India B2B marketplace Udaan raises $280m
Udaan, an India-based B2B marketplace, has raised $280 million from an investor group that includes existing backers Lightspeed Venture Partners, Tencent Holdings, DST Global, GGV Capital, and Altimeter Capital.
China trucking platform Manbang raises $1.7b
Manbang Group, China's so-called "Uber for trucks" that matches shippers with drivers and fleet operators, has raised a $1.7 billion round led by SoftBank Vision Fund, Sequoia Capital China, Permira and Fidelity.
China cloud communication start-up secures $60m Series D
XYLink, a Chinese cloud communication service platform, has raised a RMB400 million ($60 million) Series D round led by Qi An Xin, a cybersecurity spinout from Qihoo 360.
Southeast Asia VC: Knowledge transfers
When venture capital firms move into Southeast Asia, they often use existing operations in China or India as a launching pad. Different lessons can be learned from these two markets
India's ShareChat gets $40m pre-Series E round
ShareChat, a social networking platform that focuses on Indian vernacular languages, has raised $40 million in a pre-Series E funding round.
Lightspeed establishes Southeast Asia VC team
Lightspeed Venture Partners has formalized its Southeast Asian practice with the nomination of Akshay Bhushan (pictured) as head of a new Singapore office and three additional hires.
Chinese educational platform Lele Ketang raises $40m
Lele Ketang, a Chinese K12 education platform, has raised a $40 million Series C round led by Owl Ventures, the largest education-focused VC in the US.
India space tech start-up Pixxel raises seed funding
Indian space technology start-up Pixxel, which plans to launch micro-satellites to support an Earth imaging software platform, has raised a $5 million seed round featuring Lightspeed India Partners.
Lightspeed closes third India fund at $275m
Lightspeed Venture Partners has closed its third India-focused fund at $275 million targeting early-stage consumer and enterprise technology start-ups.
Lightspeed leads round for Singapore mapping software player
Lightspeed India Partners and Falcon Edge Capital have led a $7 million Series A round for Nextbillion, a Singapore-based provider of artificial intelligence-enabled mapping software solutions.
Fund focus: China’s Glory wins VC backing
Glory Ventures counts several larger Chinese peers among the LPs in its latest renminbi and US dollar-denominated funds. They all want a glimpse of the firm’s deep technology pipeline
Glory closes third renminbi fund at $96m
Chinese early-stage investor Glory Ventures has closed its third renminbi-denominated fund at RMB682 million ($96 million) and also reached a first close of its second US dollar vehicle.
Lightspeed leads $20m round for India conversational AI platform
Lightspeed Venture Partners and Lightspeed India Partners have led a $20 million Series B round for Indian conversational artificial intelligence (AI) provider Yellow Messenger.
Lightspeed completes $4b global fundraising effort
Lightspeed Venture Partners has raised $4 billion across early and growth-stage funds, including $1.5 billion for an opportunity fund that will support breakout companies in global markets such as China, India and Southeast Asia.
Coronavirus in China: Back from the brink
China GPs are trying to navigate the coronavirus uncertainty and help portfolio companies pick up the pieces, whether that means cutting costs or realizing new revenue streams
Chinese AI-RPA start-up Laiye raises $42m Series C
Lightspeed China Partners and its global affiliate have co-led a $42 million Series C round for Laiye Technology, a Chinese artificial intelligence (AI) start-up that specializes in robotic process automation (RPA).
Deal focus: Lightspeed targets solid-state LiDAR
Having assessed some 40 autonomous driving companies globally, Lightspeed China Partners decided that Hesai - a business born in the US and raised in China - is best-placed to take the technology forwards