Python “raise from” usage

What’s the difference between raise and raise from in Python?

try:
    raise ValueError
except Exception as e:
    raise IndexError

which yields

Traceback (most recent call last):
  File "tmp.py", line 2, in <module>
    raise ValueError
ValueError

During handling of the above exception, another exception occurred:

Traceback (most recent call last):
  File "tmp.py", line 4, in <module>
    raise IndexError
IndexError

and

try:
    raise ValueError
except Exception as e:
    raise IndexError from e

which yields

Traceback (most recent call last):
  File "tmp.py", line 2, in <module>
    raise ValueError
ValueError

The above exception was the direct cause of the following exception:

Traceback (most recent call last):
  File "tmp.py", line 4, in <module>
    raise IndexError from e
IndexError