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  • 'He lives in the future': Ex-SoftBank executive opens up about making deals alongside Masa

    In a conversation with Moneycontrol ahead of the release of his memoir, former SoftBank executive Alok Sama talks about his days at the fabled tech conglomerate — and betting on companies such as WeWork, Paytm, Ola, OYO, Arm and Nvidia

  • Peak XV announces launch of a perpetual fund to 'create a culture of high accountability' with investors

    Peak XV announces launch of a perpetual fund to 'create a culture of high accountability' with investors

    Sources said that this permanent capital vehicle will have the Peak XV team's own capital and not raise any cash from LPs

  • AI could redesign software stack in every application, says Sequoia’s former managing partner Doug Leone

    AI could redesign software stack in every application, says Sequoia’s former managing partner Doug Leone

    “There's a ton of opportunity and we're just scratching the surface,” said the venture capitalist who led Sequoia Capital for over 25 years

  • Peak XV-backed Bright Money raises $62 million in equity-debt mix

    Peak XV-backed Bright Money raises $62 million in equity-debt mix

    The startup plans to utilise the funding towards product building and hiring across teams like product development, technology, analytics, and support functions.

  • Capillary Technologies elevates Anant Choubey and Sridhar Bollam as cofounders

    Capillary Technologies elevates Anant Choubey and Sridhar Bollam as cofounders

    Cofounder Aneesh Reddy said that the firm has reached the break-even stage and expects to have 10% more free cash in the next few quarters. The company reported an operating revenue of Rs 163.3 crore, up nearly 42 percent in FY22.

  • After Sequoia split, Peak XV to hold CEOs meet for first time

    After Sequoia split, Peak XV to hold CEOs meet for first time

    Peak XV head Shailendra Singh told Reuters in June that the firm’s "biggest challenge” after the split is to explain changes to founders.

  • Founders who cross the line on governance should face jail time: Mohit Bhatnagar of Peak XV Partners

    Founders who cross the line on governance should face jail time: Mohit Bhatnagar of Peak XV Partners

    The Peak XV Partners managing director says governance is not even negotiable. It is equal to reputation and good reputation translates to better investors, better value when you go public

  • Veteran investor Kanwal Rekhi on Byju's: 'Auditors' resignation typically means...'

    Veteran investor Kanwal Rekhi on Byju's: 'Auditors' resignation typically means...'

    Byju's crisis: 'Board members leaving en-masse also typically means people trying to protect their reputation,' Indian-American businessman Kanwal Rekhi said.

  • Sequoia makes first defense tech investment in Mach Industries

    Sequoia makes first defense tech investment in Mach Industries

    Sequoia's funding of a technology that aims to use hydrogen creation on the battlefield signals the latest interest from Silicon Valley investors in backing technologies that bolster U.S. national security and working with the Department of Defense.

  • China Investing: Sequoia revamped to beat Tiger. Now it is doing it again, to dodge US-China tensions

    China Investing: Sequoia revamped to beat Tiger. Now it is doing it again, to dodge US-China tensions

    The Biden administration is widely expected to sign an executive order soon that will ban American investments in advanced technologies in China. Breaking itself into three entities is Sequoia’s answer to de-globalisation. In late-2021, Sequoia had similarly reconfigured itself to beat hedge funds crossing over to venture capital

  • Sequoia Capital splits into three entities: India, China, US to operate independently

    Sequoia Capital splits into three entities: India, China, US to operate independently

    The India and Southeast Asia arm has been rebranded as Peak XV Partners and will now operate as a fully independent firm.

  • Inside DeHaat: Auditor concerns, governance lapses and fast-depleting funds

    Inside DeHaat: Auditor concerns, governance lapses and fast-depleting funds

    Bleak funding prospects, operational inefficiency and the pressure to grow rapidly have slowed DeHaat’s relentless march. Moneycontrol spoke to stakeholders, industry watchers, and experts to get a closer look at the troubles that are dogging the agritech ‘soonicorn’.

  • Healthtech startup Practo lays off 41 employees

    Healthtech startup Practo lays off 41 employees

    Affected employees who put out public posts on social media said that they were terminated due to restructuring within the company. Practo, however, denied any such restructuring.

  • Large number of Indian unicorns will become profitable in next 24 months: Sequoia's Rajan Anandan

    Large number of Indian unicorns will become profitable in next 24 months: Sequoia's Rajan Anandan

    High single-digit EBITDA will be required for startups planning initial public offerings, says Sequoia India Managing Director Rajan Anandan

  • Moneycontrol Selects: Top stories this evening

    Moneycontrol Selects: Top stories this evening

    Our specially curated package of the most interesting articles to help you stay at the top of your game.

  • Following lapses at Zilingo & GoMechanic, Sequoia considers auditing South Asia Investments

    Following lapses at Zilingo & GoMechanic, Sequoia considers auditing South Asia Investments

    In the latest headache for Sequoia Capital India, a due diligence run by EY on its portfolio company GoMechanic for other prospective investors had unearthed bookkeeping improprieties, missteps the startup’s co-founder accepted in a public statement last week.

  • GoMechanic fraud: How chasing growth at all costs brought down a rising startup

    GoMechanic fraud: How chasing growth at all costs brought down a rising startup

    GoMechanic had all the right mix to be a pioneer in the garage services business. It had the first-mover advantage, IIM A-graduate founders, big names of the VC world either invested or interested, a strong customer base, and a network of nearly 1,000 garages across 40 cities in place. Yet things went downhill.

  • Sequoia announces Spark 02 fellowship for 12 female startup founders from India and SEA

    Sequoia announces Spark 02 fellowship for 12 female startup founders from India and SEA

    Spark 02 founders will also have access to select Surge sessions and get mentorship from Sequoia India and Southeast Asia portfolio specialists across hiring, product, legal, finance, product, technology, and marketing

  • Edtech startup Toddle raises $17 million from Sequoia Capital India, others 

    Edtech startup Toddle raises $17 million from Sequoia Capital India, others 

    This comes as B2C K-12 online edtech startups in India have been suffering post-pandemic with demand falling, while those operating in the B2B edtech segments witnessed tailwinds of growth with schools more open to adopting innovation.

  • PE/VC funding tanked 30% in 2022; here's how Indian startups fared this year

    PE/VC funding tanked 30% in 2022; here's how Indian startups fared this year

    The average deal size of late-stage transactions (investment into companies that are over 10 years old, or Series G or later rounds of institutional investments) fell 39 percent to $90 million in 2022 from $148 million last year.

  • HealthKart raises $135 million in funding led by Temasek

    HealthKart raises $135 million in funding led by Temasek

    In a statement, the company said it will use the capital raised for the growth of in-house D2C (direct-to-consumer) brands, increase offline distribution, expand international operations, and make select acquisitions.

  • Talent supply chain SaaS firm Prismforce raises $14 million led by Sequoia Capital

    Talent supply chain SaaS firm Prismforce raises $14 million led by Sequoia Capital

    Prismforce will be utilising the funds to enhance its product suite, strengthen go-to-market capabilities and grow its talent base

  • Kula raises $12 million in seed funding led by Sequoia, Square Peg

    Kula raises $12 million in seed funding led by Sequoia, Square Peg

    The firm plans to utilise the funds towards expansion of Reasearch and Developement, product and go-to market teams across the three offices in US, Singapore, and India.

  • Privado raises $14 million in round led by Insight Partners and Sequoia Capital India

    Privado raises $14 million in round led by Insight Partners and Sequoia Capital India

    The startup plans to utilise the funding to enhance and develop Privado’s technology stack, build out the team and grow its open-source community.

  • Meet the 15 startups that are part of Sequoia Surge’s seventh cohort

    Meet the 15 startups that are part of Sequoia Surge’s seventh cohort

    Nearly half of the companies were pre-launch when Surge partnered with them.

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