Lightspeed Venture Partners (Lightspeed) announced the closing of Lightspeed Venture Partners XIV-A/B, L.P. (Fund XIV) with $1.98 billion, Lightspeed Venture Partners Select V, L.P. (Select Fund V) with $2.26 billion, and Lightspeed Opportunity Fund II, L.P. (Opportunity Fund II) with $2.36 billion of committed capital. Separately, Lightspeed India Partners announced the closing of a $500M…
Zolve announced it has raised $15 million in seed funding round led by Accel and Lightspeed, with participation from Blume Ventures and notable angel investors including Dr. Ashish Gupta (ex-Helion MD), Greg Kidd (angel investor in Twitter & Ripple), Kunal Shah (founder of Cred), Rahul Mehta (Managing partner at DST Global) and Rahul Kishore (Senior…
Oyo announced that Mohit Bhatnagar has resigned as Director, effective June 30, 2020, according to the company’s regulatory filings. His resignation was accepted at the company’s board meeting held on September 24. Mohit will now hold a board observer position at the company. Oyo added that Bejul Somaia, partner at Lightspeed India Partners, will continue…
Setu, a Bengaluru-based fintech API infrastructure startup, announced it has raised $15 million Series A funding led by New York-based investment firm Falcon Edge Capital and Lightspeed Venture Partners US, the company announced recently. The company’s existing investors—Lightspeed India Partners and Bharat Inclusion Seed Fund—also participated in the new financing round, Nikhil Kumar, co-founder of Setu,…