Sequoia Capital India V Reaches a US$920 Million Final Close (Asia)
Source: Asian Venture Capital Journal | Author(s): Tim Burroughs
Venture capital firm Sequoia Capital has reached a final close for its latest India-focused fund, Sequoia Capital India V, with US$920 million in capital commitments. The fund, which will primarily target companies in India, also includes a minority allocation to Southeast Asia. Institutional investors committed US$875 million to the fund, with a GP commitment of US$45 million rounding out the total.