Lightspeed trims India fund target to 300 million to 350 million amid shifting startup mood

From 500 million to smaller purse size

Lightspeed has cut the size of its fifth India venture fund, now targeting about $300–350 million instead of an earlier plan to raise up to $500 million. The decision reflects changing fundraising dynamics, with details shared by people familiar with private discussions. The move signals a more selective approach to deploying fresh capital in India’s startup ecosystem.