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LSIP Investment
Leadership
Mohit Kampani - Founder & Chief Executive Officer
Founded
2022
Backed Since
2024
Status
Private
Lightspeed Team
Rahul Taneja - Partner // Advisor
Priyal Motwani - Vice President // Advisor

Sumosave is building an omnichannel value retailer, specifically solving for middle India, which is largely under served so far.
The demographic and buying behaviour in these geos is very different and Sumosave is serving customers who spend a large percentage of their monthly expenses on grocery and are therefore deeply value seeking.

Sumosave
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Faction Ventures, L.L.C. ("Faction") and Lightspeed Management Company, L.L.C. ("LSVP") are separate businesses that operate independently of each other. Faction advises its own fund(s) and does not advise any LSVP clients, and LSVP does not advise Faction or any of its clients. LSVP and Faction are parties to an agreement pursuant to which LSVP holds certain interests in Faction and the fund(s) Faction manages.

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INDIA INDIA

Lightspeed Management Company, L.L.C. ("LSVP") and Lightspeed India Partners, L.L.P. ("LSIP") are distinct investment advisory entities, are not a unitary enterprise and operate independently of one another. From time to time LSVP may draw on its relationship with LSIP, and vice versa, but only to the extent consistent with its status as a separate investment adviser.https://lsip.com/

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