Sequoia has raised record $1.35 billion across growth and early stage funds for investing in startups in India along with Southeast Asia
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Last few years have been good for Sequoia in terms of exits. Raised in 2014, Sequoia’s fourth fund has got $500 million from hospitality major Oyo and another $185 million from ed-tech unicorn Byju’s. It still holds shares in both these companies, and has over 11 Unicorns
More recently it's ed-tech portfolio has been on fire with companies like Unacademy and Doubtnut. But software services is becoming it's busiest sector for dealmaking
Also, TOI broke the story in January about the new fund