<article>Mumbai-based venture capital firm <a href="https://www.dealstreetasia.com/?s=Lightbox" target="_blank" rel="noopener">Lightbox</a>, focused on early-stage consumer technology businesses in India, has raised $178 million of the targeted $200 million for its third venture fund, according to an SEC filing.</article>

Mumbai-based venture capital firm <a href="https://www.dealstreetasia.com/?s=Lightbox" target="_blank" rel="noopener">Lightbox</a>, focused on early-stage consumer technology businesses in India, has raised $178 million of the targeted $200 million for its third venture fund, according to an SEC filing.
The third fund, Lightbox Ventures III, has so far raised capital from 19 limited partners, the filing added.
At $200 million, it would be the largest such venture fund raised by Lightbox to date. The firm has previously raised two India-focused funds. It raised $38.2 million for its first fund, and about $100 for the second fund, according to the previous filings.
In December 2016, Lightbox had raised $54 million as an extension of its second fund of $100 million, which it had closed in late 2014, to invest in its existing portfolio start-ups. With the latest fundraise, the total funding by firm has surpassed $370 million across funds till date.
From the first fund, the firm had invested in GreenDust, ZoomIn, MapmyIndia, Paymate, FutureBazaar, and Kotak Urja. It other investments included independent mobile ad network InMobi, travel site Cleartrip, recruitment site Naukri, and Greendust.
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Mumbai-based VC firm Lightbox, focused on early-stage consumer technology businesses in India, has raised $178 million of the targeted $200 million for 3rd venture fund.

India: Lightbox Ventures raises $178m for third fund, targets final close at $200m

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India: Lightbox Ventures raises $178m for third fund, targets final close at $200m

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