Lee Fixel's Addition launches new $1.5 B fund

Lee Fixel has raised a new USD 1.5 Billion fund called Addition Four Partners. Addition backs technology startups across funding stages, and has raised more than USD 4 Billion across its first three funds. In India, Addition's investments include news media startup Inshorts, SaaS platform SuperOps.ai, and social-network app Public. It also has had one exit in India, logistics platform Delhivery that went public last month.