Lightbox
AUM - $400 million
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Lightbox is a boutique venture firm founded in 2014 and headquartered in Mumbai. It is known for high‑conviction bets on consumer‑first, technology‑driven businesses and often leads Series A rounds across retail, consumer brands and enterprise tech. The team includes former entrepreneurs and media executives, giving it a hands‑on approach to brand‑building.
Recent activity includes leading a $1.08 million Series E round in jewellery start‑up Melorra alongside Nava Ltd and Symphony International Holdings. Past bets include Rebel Foods (Faaso’s), Truecaller and Info Edge, and the portfolio counts three unicorns and three public listings. Lightbox is notable for doubling down on winners, having backed Melorra across multiple rounds.
With about $400 million under management, Lightbox operates with a small team of ten people, including five partners. It has participated in 66 funding rounds and often partners with venture‑debt providers such as Alteria Capital on larger transactions. The firm’s focused portfolio and deep involvement make it a respected player in India’s consumer‑tech investing landscape.

