Edtech, healthcare valuations have corrected upwards: Sequoia’s Ravishankar

Photo: DEALSTREETASIA

Venture capital (VC) investors have been cautioning startups to focus on profitability and contain rapid growth plans to tide over the crisis due to the covid-19 outbreak.

Leading VC firm Sequoia Capital (India) surprised everyone by announcing two new India-South-East Asia funds with commitments of $1.35 billion this July in the middle of a global pandemic.

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