India-focused Lightbox may raise new fund of $100m next year

Sandeep Murthy, Partner, Lightbox

Venture capital (VC) firm Lightbox, which has so far raised two India-focused funds and backed start-ups such as Faasos, Embibe, Furlenco and Droom, may raise a new fund next year after completing the last few investments from its current fund.

In an interview, Sandeep Murthy, partner at Lightbox, said that the VC firm is looking to complete investing from its current India fund, which has a corpus of more than $100 million, over the next 12-18 months, before launching the new fund.

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