Sequoia Capital announced that it has received commitments of $1.35 billion for new investments in India and southeast Asia.. According to Shailendra Singh, Managing Director, Sequoia India, the three Sequoia India funds will continue to invest across India and Southeast Asia (SEA). They will be used to double down on...
Budget Hotel Entrepreneur Raises $125 million
21-year old Ritesh Agarwal has created India's largest network of budget hotels in less than two years. "I am not being arrogant when I say I re-imagined how new-age hospitality will look like. In just one and a half years we are bigger than the country's largest hotel group by...
Sequoia Capital to Raise India-Focused VC fund
Global venture capital firm Sequoia Capital has formally registered a new investment vehicle Sequoia Capital India V with the U.S. capital market regulator Securities and Exchange Commission early this month to invest in India, reports VCCircle. The company expects its fundraising process will take more than a year. While it...