Lightspeed India raises $275M

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Lightspeed India Partners has closed the Lightspeed India Partners III fund with $275 million, the venture firm said in a statement.

Lightspeed has invested over $750 million in India to date.

Lightspeed began operations in India in 2007. Over the last few years, Lightspeed has expanded Lightspeed India Advisors partnership to six partners: Harsha Kumar, Vaibhav Agrawal, Akshay Bhushan, Hemant Mohapatra, Dev Khare and Bejul Somaia, according to the company.

[Image courtesy: Lightspeed]