Sequoia China, Now HongShan, Sets Foot in Singapore, Posing Competition to Peak XV

  • HongShan, the newly named Chinese arm of Sequoia, expands into Singapore ramping up investments in Southeast Asian startups.
  • This move leads to potential competition with Peak XV Partners, Sequoia’s Indian and Southeast Asian arm rebranded as an independent firm.
  • HongShan’s entry could intensify geopolitical speculations between China and India, amidst differing market perspectives and the growing role of Chinese-origin investors in these markets.
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