Lightbox Ventures the newly created VC firm will absorb six companies Sherpalo and Kleiner Perkins Caufield & Byers (KPCB) had invested in India, reports The Economic Times. On its website the Lightbox, comprising former members of Sherpalo, lists companies such as MapMyIndia, Greendust, Zoomin, PayMate, FutureBazaar and Kotak Urja in its portfolio. The new firm was created after Sherpalo and KPCB decided to shift focus back to western markets.These companies however, are holding on to their investment in ad network InMobi according to the report, possibly due to its relevance internationally. That said, InMobi is also listed as a portfolio company on Lightbox's website. These firms had also sold their stake in travel service Cleartrip to existing investor Concur yesterday. Sherpalo and KPCB also had significant investments in InfoEdge, but sold 3.59% of Info Edge’s total equity for Rs 85.9 crore…
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