Lightbox

Our Story

Lightbox is a Mumbai based venture capital firm focused on early-growth investments in technology-led businesses that are shaping the future of consumption in India. We manage approximately $400 million and have built a portfolio with a cumulative value of $3 billion. India is tipped to become a $10 trillion GDP economy by 2034 with middle-class consumption set to grow 5X creating vast possibilities. We back concentrated bets on models that capture these unique opportunities. Led by Sandeep Murthy, who has been investing in India since 2005, Lightbox has a stellar track record building market leading companies. We work closely with entrepreneurs creating unique solutions for the country’s vast, unorganised consumption market. Our sizable ownership in our portfolio companies coupled with compelling macroeconomic factors, position us to drive significant value across our investments.

2006

Paymate

Fund I. Current.

2014

Furlenco

Fund II. Current.

2014

Embibe

Fund II. Exited. Acquired by Jio.

2015

Rebel Foods

Fund II. Current.

2015

Droom

Fund II. Current.

2016

Melorra

Fund II. Current.

2019

Bombay Shirt Company

Fund II. Current.

2019

Zeno Health

Fund III. Current.

2019

Nua

Fund III. Current.

2020

Cityflo

Fund III. Current.

2020

Waycool

Fund III. Current.

2021

Truecaller

Fund III. Exited. Publicly Traded

2021

Amaha

Fund III. Current.

2022

Rupeek

Fund III. Current.

2022

Rooter

Fund III. Current.