Sequoia announces $1.35 bn venture, growth funds for India, Southeast Asia

Sequoia Capital India has secured $1.35 bn from LPs for  — a $525 mn venture fund and an $825 mn growth fund —  to ramp up investments in India and Southeast Asia. The new funds have come at a time when many investors have lost appetite due to the slowdown caused by the pandemic. The firm, so far, has helped 11 unicorns in the region. Start-ups like Byju’s, GoJek, Tokopedia, Zilingo, PineLabs, Unacademy, RazorPay, Khatabook are backed by Sequoia.

Click here to read the full story

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s