Sequoia wraps up new $695M fund for India and Southeast Asia121.18

Sequoia has announced the close of its newest fund for India and Southeast Asia. The firm has raised $695 million for this fund, which is its fifth since it expanded into India 12 years ago.

Reports at the beginning of this year suggested that the firm was shooting for a $1 billion fund, perhaps influenced by SoftBank’s gargantuan Vision Fund, but it was later reported that the target was cut to $650-$700 million.

Original source
https://techcrunch.com/2018/08/21/sequoia-india-southeast-asia-695-million/

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