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Lightspeed is targeting $250 million for its fifth India fund to invest in early-stage startups and has already secured commitments covering 80% of the target. The fund will be smaller and have a shorter investment period, with a full focus on artificial intelligence companies in India and Southeast Asia.
Databricks has acquired cloud spreadsheet startup Row Zero, aiming to integrate its interface with the Genie agent to enable enterprise data analysis through familiar spreadsheets and formulas while keeping data inside the secure Databricks environment. The deal comes amid a wave of acquisitions that the company expects to continue through 2026.
Startups worldwide raised $42 billion during August 2026, up 122% year over year despite a 25% decline from July. Billion-dollar deals continued, with capital concentrated in a limited number of fast-growing companies, most notably Databricks, which reached a valuation of $190 billion.