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Lightbox raises US$178.1M for third fund

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Lightbox raises US$178.1M for third fund

Lightbox Management Ltd., a Mumbai-based private equity firm, raised US$178.1 million toward the US$200.0 million target it set for its Lightbox Ventures III fund.

The pooled investment fund is capitalized by 19 shareholders.

Lightbox specializes in early-stage investments.