Surge, the Sequoia Capital India and Southeast Asia’s rapid-scale up program, announced the launch of its seventh cohort comprising 37 founders across 15 early-stage startups. Approximately a third of these startups have at least one female founder. So far, Surge startups have collectively raised over $1.7 billion in follow-on funding,...
CoinSwitch Kuber India’s Crypto Exchange Valued at $1.9Bn
Bangalore-based Coinswitch Kuber, an app-based cryptocurrency exchange platform exclusive to the Indian market for retail investors, raised $260 million at a valuation of $1.9 billion, underscoring the rise in popularity of crypto trading in the country. The funding round included new venture capital firms Coinbase Ventures and Andreessen Horowitz, and...
Sequoia to Raise $1 Billion India-Focused Fund
Menlo Park, California-based Sequoia Capital plans to raise up to $1 billion for its sixth India-focused fund, making it the largest corpus raised for India markets. The corpus will be raised across multiple vehicles, such as as venture capital focused on technology companies, and growth-stage capital focused on consumer and...