Lightspeed India Partners II, LLC
Lightspeed India Partners · adviser of record: Ashwood Capital Management LTD · 2018 vintage
Lightspeed India Partners II, LLC is a 2018 venture fund managed by Lightspeed India Partners, with $175mm raised (Form D, amount sold). It reported $415mm in gross assets at year-end 2025, 2.37x its size, against a peak of $847mm in 2021.
- Latest value held
- $415mm year-end 2025
- Peak
- $847mm year-end 2021
- Fund size
- $175mm Form D, amount sold
- Held vs. size
- 2.37x peak 4.84x
Value held by year-end
Gross asset value reported on Form ADV at each year-end. Dashed line: fund size. Open in the Fund Tracker
| Year-end | Gross assets | ÷ size | Change |
|---|---|---|---|
| 2025 | $415mm | 2.37x | -17% over 2 yrs |
| 2023 | $497mm | 2.84x | -19% |
| 2022 | $617mm | 3.52x | -27% |
| 2021 | $847mm | 4.84x | +373% |
| 2020 | $179mm | 1.02x | +3% |
| 2019 | $174mm | 0.99x | – |
Other funds from Lightspeed India Partners
- Lightspeed India Partners IV, LLC 2022
- Amplify III PCC 2022
- Amplify IV PCC 2022
- Lightspeed India Partners III, LLC 2020
- Lightspeed India Partners I, LLC 2015
All Lightspeed India Partners funds
About these numbers
Gross asset value is what the manager reports holding in the fund at each fiscal year-end, on SEC Form ADV, Schedule D. It includes the GP’s own commitment and is before carried interest, so it is not the LPs’ net return, and it does not show cash already distributed. A fall in value can mean distributions, markdowns or both. Fund size is the amount sold reported on Form D, which for some funds reflects only a first close. Private fund ID 805-8099898365. Data updated October 13, 2026.
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