Sequoia May Raise An Additional $200 Mn For Its Sixth Fund: Report

Sequoia May Raise An Additional $200 Mn For Its Sixth Fund: Report

SUMMARY

The firm closed its sixth fund at a fund corpus of $695 Mn in August 2018

Sequoia has made over 200 investments in India and SEA so far

Inc42’s Indian Tech Startup Funding H1 2019 report found Sequoia to be most active VC investor

After almost one year of closing its sixth fund, venture capital firm Sequoia Capital India is reportedly looking to raise an additional $200 Mn for the same fund.

The company closed its sixth fund at a fund corpus of $695 Mn in August 2018. Sequoia India said it would look at more investments in early and growth stage startups, targeting technology, consumer and healthcare sectors across India and Southeast Asia.

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