Sequoia Capital
-
{
- All
- News
- Videos
-
Sequoia Capital Downsizes Crypto-Focussed Fund by 65 Percent Amid Market Slump: Report
Sequoia Capital is supposedly reducing its crypto fund by a whopping 65 percent. The US-headquartered venture crypto fund was valued at $585 million (roughly Rs. 4,813 crore) at the time of its launch in February this year. Its decision to cut down on this funding leaves the capital pool with just $200 million (roughly Rs. 1,645 crore).
-
BharatPe CEO Suhail Sameer Steps Down, CFO Nalin Negi to Be Interim CEO as Firm Looks for Successor
BharatPe CEO Suhail Sameer has stepped down from his role of chief executive at the company, paving the way for current CFO Nalin Negi who will be interim CEO while the company looks for a successor. Sequoia-backed BharatPe has seen a series of top-level exits in recent months. The company did not reveal why Sameer, who previously had a falling out...
-
FTX Collapse: Temasek Writes Down $275 Million Investment in Fallen Crypto Firm Ahead of Bankruptcy Proceedings
Temasek on Thursday said it would write down its entire investment of $275 million (roughly Rs. 2,240 crore) in FTX. Other backers of the fallen crypto exchange such as SoftBank's Vision Fund and Sequoia Capital have also marked down their investment to zero after its collapse last week
-
Elon Musk’s Twitter Bid Retains Support from Binance, Sequoia Capital For Web3 Push
Now that Elon Musk’s stance on whether or not to go with the deal is coming closer to confirmation, Binance crypto exchange and tech-focussed Sequoia Capital is backing the completion of this bid. The companies are hoping that the deal comes through so that the Web3 sector could get a major social media push.
-
Sequoia Capital Launches Two New Funds With Web 3 Investments Part of Its Focus
Sequoia India and Sequoia Southeast Asia raised $2.85 billion (roughly Rs. 22,140 crore) across three funds to continue financing entrepreneurs in the region. Sequoia is introducing a specific Southeast Asian fund worth $850 million (roughly Rs. 6,603 crore) for the first time, while the Indian venture and growth funds will receive $2 billion (roug...
-
Elon Musk Said to Have Secured $7 Billion in Funding From Investors for Twitter Deal
Elon Musk has reportedly secured $7.14 billion in funding from a group of investors that includes Oracle Corp co-founder Larry Ellison to fund his $44 billion takeover of Twitter. Some of the investors include Sequoia Capital, Brookfield, and Qatar Holding, among others.
-
India's Year of the Unicorn: Startups in Spotlight of 2021 Tech Boom
Overseas funds put more than $35 billion (roughly Rs. 2,60,020 crore) into Indian startups in 2021 — a tripling from 2020 — buying into everything from fintech and health to gaming.
-
Byju’s Acquires US-Based Learning Games Platform Osmo for $120 Million
Online tutoring startup Byju’s has acquired US-based maker of educational games Osmo to boost its technology for global expansion.
-
How A Firm Linked To Karti Chidambaram Earned A Fortune From Sequoia
One of the world's best-known venture capital firms, Sequoia Capital, is now part of a vast investigation into alleged money-laundering by Karti Chidambaram, son of former Finance Minister P Chidambaram.
-
ED Raid at Bengaluru Office Was Over Vasan Eye Care, Says Sequoia India
VC firm Sequoia Capital's offices in Bengaluru were searched by the Enforcement Directorate (ED) on Monday.
-
No, This Startup That Raised Rs. 12 Crore Isn't '12-Days-Old'
The founders of Zilingo, a Thai-commerce startup share their plans to tap the long tail seller ecosystem in South-East Asia with native language user experiences.
-
Budget Hotel Aggregator Oyo Rooms Raises $100 Million
Oyo will use the latest round of funding to implement new customer experience initiatives and build technology products.
-
Online Healthcare Provider Practo Makes Key Hires to Improve Product Offering
Online healthcare platform Practo announced the appointment of Anshumani Ruddra and Tarun Bhambra to lead new product teams.
-
Snapdeal Acquires FreeCharge Online Recharge Service
Claims to be the largest mobile commerce company in India with this deal.
-
FreeCharge Raises $80 Million in New Funds
FreeCharge has a user base of more than 20 million and there have been 10 million downloads of the app in the past year.
-
Sequoia Capital Downsizes Crypto-Focussed Fund by 65 Percent Amid Market Slump: Report
Sequoia Capital is supposedly reducing its crypto fund by a whopping 65 percent. The US-headquartered venture crypto fund was valued at $585 million (roughly Rs. 4,813 crore) at the time of its launch in February this year. Its decision to cut down on this funding leaves the capital pool with just $200 million (roughly Rs. 1,645 crore).
-
BharatPe CEO Suhail Sameer Steps Down, CFO Nalin Negi to Be Interim CEO as Firm Looks for Successor
BharatPe CEO Suhail Sameer has stepped down from his role of chief executive at the company, paving the way for current CFO Nalin Negi who will be interim CEO while the company looks for a successor. Sequoia-backed BharatPe has seen a series of top-level exits in recent months. The company did not reveal why Sameer, who previously had a falling out...
-
FTX Collapse: Temasek Writes Down $275 Million Investment in Fallen Crypto Firm Ahead of Bankruptcy Proceedings
Temasek on Thursday said it would write down its entire investment of $275 million (roughly Rs. 2,240 crore) in FTX. Other backers of the fallen crypto exchange such as SoftBank's Vision Fund and Sequoia Capital have also marked down their investment to zero after its collapse last week
-
Elon Musk’s Twitter Bid Retains Support from Binance, Sequoia Capital For Web3 Push
Now that Elon Musk’s stance on whether or not to go with the deal is coming closer to confirmation, Binance crypto exchange and tech-focussed Sequoia Capital is backing the completion of this bid. The companies are hoping that the deal comes through so that the Web3 sector could get a major social media push.
-
Sequoia Capital Launches Two New Funds With Web 3 Investments Part of Its Focus
Sequoia India and Sequoia Southeast Asia raised $2.85 billion (roughly Rs. 22,140 crore) across three funds to continue financing entrepreneurs in the region. Sequoia is introducing a specific Southeast Asian fund worth $850 million (roughly Rs. 6,603 crore) for the first time, while the Indian venture and growth funds will receive $2 billion (roug...
-
Elon Musk Said to Have Secured $7 Billion in Funding From Investors for Twitter Deal
Elon Musk has reportedly secured $7.14 billion in funding from a group of investors that includes Oracle Corp co-founder Larry Ellison to fund his $44 billion takeover of Twitter. Some of the investors include Sequoia Capital, Brookfield, and Qatar Holding, among others.
-
India's Year of the Unicorn: Startups in Spotlight of 2021 Tech Boom
Overseas funds put more than $35 billion (roughly Rs. 2,60,020 crore) into Indian startups in 2021 — a tripling from 2020 — buying into everything from fintech and health to gaming.
-
Byju’s Acquires US-Based Learning Games Platform Osmo for $120 Million
Online tutoring startup Byju’s has acquired US-based maker of educational games Osmo to boost its technology for global expansion.
-
How A Firm Linked To Karti Chidambaram Earned A Fortune From Sequoia
One of the world's best-known venture capital firms, Sequoia Capital, is now part of a vast investigation into alleged money-laundering by Karti Chidambaram, son of former Finance Minister P Chidambaram.
-
ED Raid at Bengaluru Office Was Over Vasan Eye Care, Says Sequoia India
VC firm Sequoia Capital's offices in Bengaluru were searched by the Enforcement Directorate (ED) on Monday.
-
No, This Startup That Raised Rs. 12 Crore Isn't '12-Days-Old'
The founders of Zilingo, a Thai-commerce startup share their plans to tap the long tail seller ecosystem in South-East Asia with native language user experiences.
-
Budget Hotel Aggregator Oyo Rooms Raises $100 Million
Oyo will use the latest round of funding to implement new customer experience initiatives and build technology products.
-
Online Healthcare Provider Practo Makes Key Hires to Improve Product Offering
Online healthcare platform Practo announced the appointment of Anshumani Ruddra and Tarun Bhambra to lead new product teams.
-
Snapdeal Acquires FreeCharge Online Recharge Service
Claims to be the largest mobile commerce company in India with this deal.
-
FreeCharge Raises $80 Million in New Funds
FreeCharge has a user base of more than 20 million and there have been 10 million downloads of the app in the past year.
