Sequoia launches $1.35B fund to invest in startups in India and South-East Asia

Venture capital investor Sequoia India has received commitments totalling $1.35 billion from limited partners for two new India- and South-East Asia (SEA)-focussed funds—a $525-million venture fund, and a $825-million growth fund

“A fundraise represents a massive responsibility to deliver attractive returns to Sequoia’s Limited Partners, the majority of which are nonprofits, foundations and charities. We do this by partnering with outstanding founders who are building category defining companies,” said Shailendra Singh, a managing director at Sequoia Capital India.