Sequoia Capital India

May 12, 2023 07:11 PM IST

InCore Semiconductors raises $3 million

"InCore Semiconductors, which is building RISC-V processor cores in India, has raised USD 3 million in a seed funding round from Sequoia Capital India," the statement said.

Exclusive: D2C skincare startup BrownSkin Beauty raises Rs 3.5 crore from Sequoia Capital India

The company, said sources close to the development, plans to use the funds for expanding its product portfolio.

Sequoia sells part of pre-IPO Zomato holding, paring stake to 4.4%

Sequoia Capital India has sold 17.2 crore shares of Zomato in the open market so far, bringing its stake down to 4.4 percent from 6.41 percent earlier.

Exclusive | WestBridge Capital raises $1.5 billion in largest-ever commitment for Indian companies

Westbridge Capital joins a growing list of PE and venture capital (VC) firms to raise large funds for India-focused companies

Sequoia extends Surge’s seed funding range to as much as $3 million

Sequoia Capital India’s move of extending its seed funding ceiling suggests a rising appetite for early-stage startups in India. It also comes at a time when many global VC firms, including Sequoia, have raised their largest-ever funds for Indian startups and with funding at later stages slowing down more than in early stages, competition among VCs will be fierce at early-stage rounds, given that they have a lot of dry powder.

Zilingo's shareholders await board's decision as meeting ends inconclusive

The Board did not conduct any voting today on any of the proposals, and the directors said that the Board will meet again after considering the management buyout offer and liquidation of the company.

Zilingo founders join hands, make buyout offer as B2B startup teeters on edge of liquidation

According to the letter, the new investor will be infusing $8 million in equity in tranches. The offer further stated that pursuant to Singapore's Insolvency, Restructuring, and Dissolution Act, Zilingo will be transferred to the ownership of a newly incorporated entity.

Sequoia raises $2.85 billion for India, Southeast Asia startups

Sequoia said that the fundraise signals the VC’s commitment to India and Southeast Asia as it comes at a time when markets have started to cool after a ‘very long bull run.’

Y Combinator, Sequoia Capital, others invest $2 million seed fund in workplace productivity app Aerotime

The product is live across 70 teams from different companies and is now coming out of private beta, said Aerotime.

Sequoia ends ties with legal firm founded by its ex-general counsel, cites concerning incidents

Sequoia Capital further requested the select portfolio companies to inform legal firm AZB & Partners or its INSEA team if any of its companies is a client of or has had dealings with Algo Legal or its related entities including Themis, Quant LegalTech India, OneDelta Technology Solutions and OneDelta Synergies Singapore.

Sequoia’s message to founders: Focus on profitability, growth at all costs no longer rewarded

Sequoia Capital said that Morgan Stanley’s unprofitable Tech Index is down 64 percent since the start of 2022, compared to a 28 percent drop in the technology-heavy Nasdaq index, further signalling a strong preference for companies who can generate cash.

Singapore's B2B ecommerce startup Zilingo fires Ankiti Bose after suspension as ex-CEO vows to fight back against 'witch hunt'

"We will pursue our rights against this witch-hunt to the full extent of the law," says ex-CEO

Allegations of Board suspending Bose for silencing harassment complaints false: Zilingo

Zilingo’s statement comes a couple of weeks after multiple media reports said that Zilingo had suspended Bose for accounting-related issues

Twenty startups make it to Sequoia Surge's 6th edition from sectors like cybersecurity, payments, EdTech and others

Surge 06 is the most geographically diverse cohort yet, with companies from Bangladesh and Australia and entrants from new markets such as Malaysia, Thailand, and Taiwan.

Park+ raises $25 million funding from Sequoia Capital India, others

Existing and new investors, including AdvantEdge, Fund II – A Series of Somani Investments LP and Motherson Lease Solution Limited, also participated in the series B round, a statement said.

GoKwik raises Rs 112 crore funding from Sequoia Capital India, others

The series A round also saw participation from existing investors Matrix Partners India and RTP Global, a statement said.

These are the books Sequoia partner GV Ravishankar recommends you read

Ravishankar's portfolio includes online learning unicorns Byju's and Eruditus, lenders Five Star Business Finance, Mannapuram and Equitas home design firm Home Lane and cloud kitchen firm Rebel Foods

Lio raises Rs 37 crore from Sequoia Capital India, Lightspeed India

The company plans to use the investment primarily to expand its engineering team and increase the number of users of the mobile application.

Progcap raises $25 millon funding from Sequoia Capital India, Tiger Global

The company will deploy the proceeds from the series B round to enhance its services and expand the brand’s presence across existing geographies, a statement said.

Apna.co raises $12.5 million from Sequoia Capital India, Lightspeed India and others

Existing investors Lightspeed India and Rocketship.vc also participated in the round, which brought the total fund raised by Apna.co to over $20 million in the last six months, a statement said.

7 Indian startups among 15 picked by Sequoia Capital for Surge 3

Surge 3 takes Sequoia Capital's startup portfolio to above 50.

Sequoia’s India arm may raise $200 mn to bolster sixth fund

Move said to be driven by interest from limited partners and a fast-growing market

Steadview, Sequoia, others lead $50-million funding round in Unacademy

Sequoia India closes its sixth fund at $695 million

It will focus on both early and growth stage companies in technology, consumer and healthcare sectors across India and Southeast Asia

Belong raises $10m from Sequoia, Matrix

Existing investor Matrix Partners India also participated in the round and the company said it will use the funds to accelerate product development, expand sales and support operations, and hire new talent across engineering, data science, enterprise sales and customer success.