Tuesday, 7 July 2020

Venture Capital: Sequoia launches $1.35B fund to invest in startups in India and South-East Asia


Sequoia Capital has announced the creation of two new funds totalling $1.35 billion dedicated to investment opportunities in India ans South-East Asia.

The two new investment vehicles of the marquee venture capital fund will be a $525 million venture fund and $825 million growth fund.

In a post on LinkedIn, Shailendra J Singh, Managing Director of Sequoia Capital, said, “Sequoia India now operates seed, venture and growth funds, a structure that allows Sequoia to remain a relevant partner for founders at all stages of their journey. The three Sequoia India funds will continue to invest across India and SEA.”

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Sequoia launches $1.35B fund to invest in startups in India and South-East Asia

Sequoia Capital has announced the creation of two new funds totalling $1.35 billion dedicated to investment opportunities in India. The two new investment vehicles of the marquee venture capital fund will be a $525 million venture fund and $825 million growth fund.

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