Lightspeed raises $275 million to fund Indian start-ups
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Separately, Lightspeed India Partners Advisors LLP, the venture firm that backed Indian unicorns BYJU's, OYO, and Udaan in their early days, has raised for $275 million for its third fund geared towards the country. With this effort, the firm looks forward to backing more than two dozen early-stage start-ups in the world's second-largest internet market. This is Lightspeed's biggest fund for India.