Sequoia Capital, Omidyar and Kae Capital Participate Series E Round for Healthkart (Asia)

Source: Asian Venture Capital Journal  |  Author(s): Holden Mann

Venture capital firm Sequoia Capital has led an INR800 million (approximately US$12 million) Series E round for India-based online health products vendor Healthkart. Philanthropic investment firm Omidyar Network and India-focused venture capital firm Kae Capital also participated in the round. Healthkart will use the new capital to support its marketing initiatives and offline expansion.