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Another MD leaves Sequoia, firm closes sixth fund at $695 million

Sequoia also announced the promotions of few key team members

Sequoia Capital
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Sequoia Capital logo

Ranju Sarkar New Delhi
Abhay Pandey, a Managing Director at Sequoia Capital India, has quit the firm, the venture capital firm said in a blog post. Pandey was keen to start a consumer-focused fund but Sequoia invests across sectors.

His departure comes after V T Bharadwaj, another Managing Director at the firm, quit earlier this year and teamed up with former MD Gautam Mago to start a fund. Mago had quit the firm last June. 

Sequoia India also announced the closure of its sixth fund at $695 million, which will be used to double down on investments in both early and growth stage companies

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