Sequoia Capital Raises Its Fourth India Focused Fund of $530 mn

Sequoia Capital has raised its fourth India-focused fund of $530 million . The new fund will invest mostly in technology, consumer and healthcare sectors.
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SEQUOIA_CAP_INDIA_s_thumb.jpgSequoia Capital has raised its fourth India-focused fund of $530 million . The new fund will invest mostly in technology, consumer and healthcare sectors.

With this, the total capital committed to Sequoia Capital’s India focused funds is about $2 bn.

In India, Sequoia Capital is planning to cut cheques ranging from a few hundred thousand dollars to over $50 mn, the company said. Sequoia will also invest in South East Asian companies from this fund.

Sequoia Capital has now been investing in India for 8 years and has invested in over 75 companies including the likes of Capillary Technologies, Druva, Just Dial, Micromax, Mu Sigma, Pine Labs,  Quickheal, Truecaller, Via and Zomato.

Sequoia Capital India Advisors is led by five managing directors – Abhay Pandey, GV Ravishankar, Mohit Bhatnagar, Shailendra Singh and VT Bharadwaj.

Sequoia Capital India: Quick Facts

Total Fund Size (India): $2 bn.

No of investments: 75

Exits: Paras, Prizm, Globallogic, Idea Cellular, Cafe Coffee Day, Just Dial, Vasan (part exit).

Picks: Just Dial, Micromax, Mu Sigma, Prizm Payments, Druva, Quickheal, Truecaller, Via and Zomato.

Partners: VT Bharadwaj, Mohit Bhatnagar, Abhay Pandey, GV Ravishankar, Shailendra Singh

Tech Focus: Internet, Mobile, Payments.

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