Page 5 - Sequoia Capital

Sequoia-backed beer maker Bira 91 plans fifth brewery before IPO

The new brewery in Madhya Pradesh -- Bira's second in the central Indian state -- will initially add 400,000 hectoliters a year, Ankur Jain, the 41-year-old chief executive officer said

B2B platform Apnaklub raises $3.5 mn from Sequoia Capital India's Surge

Apnaklub links kirana and general stores in the hinterland to consumer brands through its network

Skincare brand Minimalist raises Rs 110 crore through multiple investors

The round was led by Sequoia Capital India, with participation from Unilever Ventures, the venture capital arm of British multinational consumer goods company.

OneCode raises $5 mn led by Sequoia Capital's Surge, Nexus Venture Partners

OneCode's mission is to digitise 50 million sales agents across India, and bridge the gap between brands and potential buyers

Construction mgt app Powerplay raises $5.2 mn from Accel, Surge and others

Powerplay is a free mobile app that connects multiple stakeholders involved in construction, enabling them to communicate and collaborate more efficiently

Sequoia's Surge accelerator programme invests $55 mn in 23 startups

With this, the Surge community now has 203 founders, from 91 startups building companies across more than 15 sectors such as fintech, payments, communications, and logistics

Sequoia-backed logistics company Shipsy eyes expansion in West Asia

Firm already has over 50 clients and about 30% of the revenue coming from the region

Tiger Global, Sequoia lead $25 mn round in financing startup Progcap

Founded by Pallavi Shrivastava and Himanshu Chandra, Progcap has over 300,000 retailers across 50 corporates and has disbursed over Rs 1,500 crore of loans so far

Sequoia Capital India closes $195-million seed fund to foster start-ups

69 startups in four cohorts have received a combined $172 million

Current moment in road to recovery: VC firm Sequoia tells founders and CEOs

Silicon Valley-based company says strong leadership that puts people first will continue to be critical

Jungle, Sequoia, others invest $46 mln in insurance distributor Turtlemint

Turtlemint, started in 2015, has a Point of Sale Persons (PoSPs) network of over 1 lakh who serve over 1.5 million customers across 5,000 locations

Sequoia-backed Drip Capital finances over $1 bn cross-border trade

As economies have opened up, Drip has witnessed over 50% quarter on quarter growth in the last three quarters

Sequoia-backed Rebel Foods eyes global expansion of cloud kitchens

Raising funds to become next unicorn

$81 mn fund raise pushes Credit card app CRED's valuation past $806 mn

Existing investor, billionaire Yuri Milner's fund DST Global leads round, along with Sequoia Capital, Tiger Global, and others. Existing and past employees liquidate ESOPs worth Rs 9 cr

DoorDash boosts IPO price range amid strong appetite for tech stocks

San Francisco-based DoorDash plans to list its shares on the New York Stock Exchange under the ticker "DASH" this month. It had confidentially filed for an IPO in February.

Sequoia Capital India's Surge programme picks 17 early-stage startups

One of the key features of the programme is that the founders of the selected startups receive $1 million to $2 million early on in the programme

BS READS: The search for an Indian giant in difficult social media terrain

How many players are able to sustain user growth will only be clear with time. That said, it is quite likely some may find the right investors and loyal audience and make it in the long haul

Kunal Shah's CRED aims for revenue through new product launches

Company backed by Sequoia Capital helps credit card users earn rewards for paying their bills

ShareChat in talks with Sequoia, others to raise up to $200 mn: Report

By Aditya Kalra, Aditi Shah and Anirban Sen

Top Headlines: Biz from China, Mumbai realty, race for Sebi chief, and more

Here are the top business headlines on Tuesday morning