Corp governance focus must for building world-class cos: Sequoia's Anandan

Speaks of potential to create 100 million jobs, generated by both big tech and startups in areas such as food delivery, ride-hailing, energy storage and agritech

At a time when a few companies in which Sequoia has invested in, have come under the scanner for alleged financial irregularities, a top official at the venture capital firm said that there is a need to focus on corporate governance in Indian startups to build world-class companies. Sequoia Capital and Surge Managing Director Rajan Anandan said that one thing that has really come to light over the last 7 months is corporate governance and the Indian ecosystem is now entering a new phase.

“We've been very focussed on helping our founders understand what it takes to put in place the