In the bid to develop its investment portfolio in India, the US-based investment capital firm, Sequoia Capital has raised another $210 towards the existing India fund. With this particular additional funding, the investment capital firm will get an easy hand to look out for more deals in tech companies. As reported by the reports, the $210 Man remains raised through the same number of limited partners or LPs, investors who provide capital to funds. Recently, Sequoia Capital VT Bharadwaj -backed free charge, a mobile recharge company, was acquired by homegrown online marketplace have an estimated $400 million. It’s to become noted that Sequoia gets to be a 3% shareholding within the post acquisition. Since it started operations in India in 2006, the fund has committed to 100-plus companies across sectors for instance tech, healthcare, consumer and financial services. Earlier in this past year, Sequoia had announced its fourth India-focused fund taking its total capital committed in India to just about $2 Bn.
Sequoia capital India focuses on investments in startup seed, early, mid, late, expansion, public and growth stage companies.
Sequoia capital – It invests in seed stage, in early stage in growth stage companies.
The MD of Sequoia capital really a straight-talker and sharp dresser. V.T. Bharadwajwas straightforward in proclaiming that he regretted not purchasing, even before Partners came forward. He’s been at the firm for over eight years, including 3 years in Sequoia Capital’s Silicon Valley office.
He concentrates on Technology, Internet, Mobile and Services investments. He currently serves on the boards of Drava, Free charge, Just Dial, Mu Sigma, Pine Labs, Prato, Scio Health Analytics, Source bits and via. Just before Sequoia Capital, Shailendra worked at Bain & Co in NY and it was earlier a business owner in Silicon Valley through the dot com bubble.