Sequoia Capital plans new $800m fund for India

Photo by fantasista. Image ID: 100348900 (Freedigitalphotos.net)

Silicon Valley-based venture capital firm Sequoia Capital is looking to raise about $800 million (Rs 5,000 crore) for a new India-focused fund, that will be utilised to invest in several seed rounds in the country in the coming years, said a report in The Economic Times.

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