India: Sequoia-backed Prataap Snacks eyes IPO, targets to raise up to $75m

India: Sequoia-backed Prataap Snacks eyes IPO, targets to raise up to $75m

Visual of Sequoia Capital homepage. November 2015

Sequoia Capital-backed Prataap Snacks Pvt. Ltd, which sells potato chips and a variety of spicy Indian savouries under the brand name Yellow Diamond, is looking at an initial public offering (IPO) that could see the firm raise around Rs.400-500 crore, according to three people aware of the development, on condition of anonymity.

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