sequoia capital india

Three former Peak XV Partners managing directors are launching Mettle Capital. Ashish Agrawal, Ishaan Mittal, and Tejeshwi Sharma have formed an equal partnership. This structure is uncommon in Indian venture capital. The firm aims for transparency in governance and economics. Mettle Capital plans to invest in Series A and Series B startups. They are targeting a corpus of $350-400 million.

Four major investors, including Peak XV and Sequoia, are selling a 4.3% stake in fintech firm Groww, valued at approximately $500 million. This move comes as the lock-in period for pre-IPO shareholders is set to expire soon, potentially releasing shares worth over Rs 81,000 crore into the market.

Sequoia Capital's India partners, caught out early this year by governance scandals at startup companies in its portfolio, assured investors at an April meeting in London that these "lowlights" were mostly behind it, according to three people familiar with the discussions.

Sequoia Capital has raised $2.85 billion to fund Indian and Southeast Asian startups, the venture capital firm said on Tuesday, looking beyond current weakness in investment in new companies in the region.

sequoia capital india has sold 2% in food delivery startup Zomato in the open market, a BSE filing said. Sequoia holds 4.4% stake post the transaction.It has sold its stake in two tranches – it offloaded 6.7 crore shares between September and October last year.

Pioneering Indian venture capitalists KP Balaraj and Sumir Chadha, along with the two other managing directors, are leaving sequoia capital india.

Parking solutions venture Park+ has raised $25 million in a Series B funding round co-led by sequoia capital india, Matrix Partners India and Epiq Capital. Existing and new investors also participated in the round.

Ethereum scaling platform Polygon has raised about $450 million in a round led by sequoia capital india with participation from more than 40 major venture capital firms including SoftBank and Tiger Global, and prominent individual investors like Alan Howard (co-founder, Brevan Howard) and Kevin O’Leary (Mr Wonderful from ABC's Shark Tank). Polygon was founded by Sandeep Nailwal, Jaynti Kanani, Anurag Arjun and Mihailo Bjelic.

Top Silicon Valley investor Sequoia has raised $1.35 billion for its new fund focused on investing in startups in India along with Southeast Asia. The move comes as the Covid-19 pandemic speeds up the adoption of digital services across education, payments and software. The fund will be a record corpus for the region and takes assets under management to over $5.7 billion.

Top Silicon Valley investor Sequoia is planning to raise about $1.25 billion for its new fund for India. This will be a record corpus raised for the country, underlining the growing maturity of the Indian startup ecosystem. Sequoia is known as the early backer of companies like WhatsApp and Google in the US, and Byju’s and Oyo in India.

Silicon Valley's top-tier venture fund Sequoia Capital is learnt to have closed a new $920 million fund, capital from which will largely be ploughed into Indian companies.

Venture capital fund sequoia capital india is the top backer of unicorns, or firms which have attained a valuation of over $1 billion, a report said on Wednesday.

Sequoia Capital, one of Silicon Valley’s most influential venture funds, has raised $530 million through its fourth India-focused fund, taking its total capital committed in India to almost $2 billion.

Continuing with its probe into the finances and investments of P Chidambaram's son Karti, the Enforcement Directorate raided the Bengaluru premises of two venture capital firms, Sequoia Capital and WestBridge Capital, who have made investments in firms allegedly linked to Chidambaram Jr.

New Delhi, Jul 8 () Venture capital firms made 94 investments worth USD 324 million in Indian companies during three months to June 2016, a fall of 34 per cent in value terms over a year ago, says a report.

The firm, which had recently announced an investment of $1.35 billion to fund startups in India and South East Asia, has roped in former Salesforce executive Shweta Rajpal Kohli to head the newly-created role of public policy head.

Shared workspace provider Awfis on Wednesday said it has raised $20 million in series-C funding from investors Sequoia India, Innoven Capital and The Three Sisters: Institutional Office (TTS:IO) led by Radha Kapoor Khanna.

Enterprise employment platform Multiplier has raised $60 million in a funding round co-led by Tiger Global and sequoia capital india, the Economic Times (ET) reported on Wednesday.

Sequoia’s push, which is perhaps the largest such programme launched in India, is likely to shake-up the sluggish early stage financing market and further spur entrepreneurial activity, according to experts tracking the space.

Sequoia Capital has raised $2.85 billion to fund Indian and Southeast Asian startups, the venture capital firm said on Tuesday, looking beyond current weakness in investment in new companies in the region.