Lightspeed Venture Partners

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Just seven months after grabbing an $18 million Series A led by A16z, Tennr is raising a fresh round of funding led by Lightspeed, BI has learned.

Paving the way for the next million creators, publishers, and companies to scale and monetize their audiences.

At a time when large investors have reduced their investments in India as the funding winter persists, venture capital firm Lightspeed is betting big on the country

Bejul Somaia, partner, Lightspeed, who set up the fund's India franchise in 2007, has been promoted to the global leadership team.

Lightspeed's other investments in India include Darwinbox, Yellow Messenger, OK Credit, Apna, Dukaan, and Teachmint.

A major Silicon Valley venture capital firm broke ties with its founder after he informed partners that the mastermind of the sweeping college admissions scandal helped get his son into college.