Lightbox

Lightbox is a Mumbai-based venture capital firm that focuses on tech-enabled consumer businesses, particularly in India’s fragmented consumption markets. Founded by Sandeep Murthy and Sid Talwar, Lightbox invests in a select number of startups and works closely with founders to help transform ideas into scalable businesses. Their approach combines capital with operational support, embedding themselves in the companies they back to ensure sustainable growth. Lightbox primarily focuses on companies that can significantly disrupt traditional industries, with notable investments including Rebel Foods, Droom, and Bombay Shirt Company. Their portfolio spans a variety of sectors, such as healthcare (Zeno Health), fintech (PayMate), and consumer products (Furlenco). Lightbox prides itself on finding innovative models that meet the needs of India’s rapidly evolving consumer base. Their investment strategy involves concentrated bets, providing funding at pre-seed and seed stages with opportunities for follow-on investments. Lightbox is known for its rigorous due diligence and long-term support, helping founders navigate challenges through mentorship and governance structures tailored to each company's unique needs.