Silicon Valley based Sequoia Capital has raised $920 million fund to further invest in Indian companies.Sequoia’s Fund V closed around more than a month ago.
This is the largest fund raise by any VC till date. In 2015 April, Sequoia had raised $210 million to its existing $530 million-India fund. Altogether, the total assets in India is more than $3 billion.
The companies included in Sequoia’s portfolio are Oyo Rooms, Zomato, Freecharge, JustDial, Grofers, Craftsvilla etc.