Sequoia Capital raises $920 million fund
Sequoia Capital raised $920 million fund on Tuesday to invest majorly in Indian startups along with South East Asian companies. This is the biggest fundraising by a VC fund for India-specific investments. With this, Sequoia's asset value has gone over $3 billion. Sequoia has invested in over 90 Indian startups including OYO Rooms, Practo, FreeCharge, Craftsvilla and Zomato.