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Sequoia announces $1.3 Bn worth two new funds for India and SEA

Shortpedia

Content Team
Image Credit: Shortpedia

Amidst uncertainty over the future of startups due to Covid-19, often termed as a black swan event, Sequoia India has brought some good news for growth stage startups. The Indian arm of the Silicon Valley-based VC firm Sequoia Capital has announced two new funds – $525 million worth venture fund and $825 million growth fund – that will focus on investing in India and SEA region.