Page 3 - Sequoia India

BlackBuck bounces back from Covid, reimagines its trucking business model

The Tiger Global and Sequoia-backed unicorn plans to deepen its reach from 100,000 villages currently to over 300,000 villages, and scale its existing businesses 3x by 2023

Sequoia raises record $2.85 bn to fund Indian startups, others ventures

Venture capital firm Sequoia India and Southeast Asia has raised $2.85 billion - the highest ever in one tranche by any venture capital fund - to fund startups and other ventures in the region

Sequoia asks founder ecosystem to tighten belt, focus on profitability

Cash burn and growth at all cost no longer being rewarded as capital turns expensive

Sequoia to harden compliance amid trouble in India, SE Asian portfolio cos

The VC fund will undertake governance trainings for founders and senior management, implementation of whistleblower policies, more independent board representation

ApnaKlub raises $10 mn in series A funding round from Tiger Global

ApnaKlub allows anyone with a smartphone and an entrepreneurial drive to earn supplemental income by aggregating demand and supplying FMCG goods to retail (kirana) stores in their local community

Saudi food startup raises $ 170 mn from Sequoia Capital India, others

The company is also looking at potentially acquiring rivals to help it grow and will expand into fintech after receiving a license from the Saudi central bank

Zilingo board discusses replacing CEO Ankiti Bose after suspension

The board has not yet decided who will replace Bose, though one option discussed is to appoint interim leadership, possibly including senior executives and investors, people familiar with matter said

Sequoia Capital India's Shailendra Singh steps down from Zilingo

Last week, Zilingo suspended its CEO Bose pending an investigation

Food delivery rivals Swiggy and Zomato back restaurant tech firm UrbanPiper

Restaurant management platform raises $24mn in series B funding

Pratech Brands raises $3 mn led by Sequoia's 'Surge' to launch Hyugalife

Hyugalife will host over 1,000 brands across categories, including women's health, Ayurvedic and plant-based supplements, kids health, sports nutrition, vitamins, among others

Last9 mops up $13 million from Sequoia, Better Capital and others

This is the second funding for the company after it raised $2 million in the first round from Sequoia Capital India's Surge and Better Capital in April 2020

Polygon's $450-mn funding: Is it Flipkart moment for blockchain in India?

The Indian blockchain start-up's massive funding round has many implications for Web3 companies and VCs in the crypto arena

Dental care startup Smikes nets $23 mn from Alpha Wave, Sequoia, Chiratae

Dental care startup Smiles.ai has raised USD 23 million (around Rs 172 crore) in Series A funding led by Alpha Wave Incubation that is managed by Falcon Edge Capital, and with strong participation from existing investors Sequoia Capital India and Chiratae Ventures. The Bengaluru-based startup said the other investors in the round include MBX Capital, Wami Capital and angel investors - Peyush Bansal & Amit Chaudhary of Lenskart, Aakrit Vaish of Haptik, Revant Bhate of Mosaic Wellness, Miten Sampat of CRED, Sambhav Rakhyan of WTW. Smiles.ai marks US-based healthcare focused fund, MBX Capital's first investment in the country, it added. This funding comes within a year of the company raising a USD 1 million seed round co-led by Sequoia Capital India and Chiratae Ventures with participation from some angels and family offices. Smiles.ai will deploy this funding for expanding its footprint nationally, strengthening the leadership team, and building innovative tech-driven dental care ...

GoKwik raises $15 mn in Series A funding round led by Sequoia Capital

The company plans to use the funds to work with large marketplaces, scale up its product and technology teams and launch new products

What Sequoia's exclusionary act says about India's startup ecosystem

Many experts believe that a relatively nascent LP ecosystem and a general expectation that VC funds be closed-end in nature prompted the country's omission

Lio raises $5 mn in seed funding led by Lightspeed India, Sequoia

Lio is used for a variety of tabulation, calculation and organising needs, such as creating tables of customer/stock/payment data for businesses or organising to-do lists

Media processing company Gumlet raises $1.6 mn led by Sequoia's Surge

Gumlet helps developers resize and optimise their images and videos in accordance with the end user's device or browser

Zomato's Rs 9,375-crore IPO to bring bonanza for Info Edge, Sequoia, Goyal

The existing shareholders of the company are set to make gains in the range of 50 per cent to 6,450 per cent on their investments

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