Dev Khare profile photo

Dev Khare

Partner at Lightspeed India

Venture CapitalSaaSBoard GovernanceAI-native applicationsHealthTechDigital Media

About

I'm Dev Khare, a Partner at Lightspeed India. For over 14 years, I've focused on backing software and digital media startups across India and Southeast Asia. My background spans computer science, finance, and an MBA from Harvard, which helps me bridge the gap between technical architecture and venture strategy. I'm particularly passionate about the 'AI on top of India Stack' movement and the shift toward AI-native applications. I believe the future belongs to tiny, agile teams and that AI is a fundamental mindset shift for leadership. Whether it's scaling SaaS, navigating HealthTech, or exploring the next generation of quick commerce, I'm dedicated to finding India's next great founders and helping them build robust, multi-regional products. Outside of the office, you'll likely find me catching up on movies, anime, or comics.

Networking

What I can offer

  • Venture capital investment and board governance
  • Cross-border market entry strategy (US-India)
  • Strategic connections between portfolio companies
  • Insights on AI search and product-led growth

Looking for

  • India’s next great founders
  • Builders participating in hackathons and roundtables
  • CMOs and marketing leaders discussing the future of brand discovery

Best fit for

Startup foundersIndian and SE Asian buildersSenior marketing leadersTech ecosystem partners

Current Interests

AI on top of India StackQuick commerceHealthcare administrative efficiencyAudio/voice entertainment platformsVerticalized AI companions

Background

Career

Over 14 years as a Partner at Lightspeed India focusing on software and digital media startups in India and Southeast Asia, following an extensive background in venture capital and board governance.

Education

MBA from Harvard Business School (1996–1998); BS in Economics (Finance) from The Wharton School (1990–1994); BS in Computer Science & Engineering from University of Pennsylvania (1990–1994).

Achievements

  • Board Member for RevvSales Inc. through its acquisition by Legalzoom
  • Backed Coral, reaching millions in revenue in under a year with a $12.5M seed round
  • Partnered with Emergent to host Vibecon for 300 top Indian builders

Opinions

  • Tiny teams are the future
  • The math for startups has become increasingly brutal since 2023
  • AI is a mindset shift that fundamentally changes strategy and decision speed
  • Brand discovery is shifting from traditional SEO to AI search (GEO)