Predict your next investment

Venture Capital
FINANCE | Investment Firms & Funds
sequoiacap.com/india

See what CB Insights has to offer

Investments

626

Portfolio Exits

65

Funds

19

About Sequoia Capital India

Sequoia Capital India provides venture capital funding for start-up companies in India.

Sequoia Capital India Headquarter Location

India

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing Sequoia Capital India

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find Sequoia Capital India in 3 Expert Collections, including HR Tech.

H

HR Tech

65 items

U

Unicorns- Billion Dollar Startups

113 items

F

Food & Beverage

123 items

Sequoia Capital India Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

Sequoia Capital India Rank

Latest Sequoia Capital India News

ETtech Deals Digest: India gets its sixth SaaS unicorn of 2022

Jun 24, 2022

ETtech Graphic: Rahul Awasthi This week, LeadSquared became the 16th SaaS startup to join the unicorn club, continuing the successful streak of SaaS startups. The other startups that raised funds this week were neobank StashFin , and Cashify. LeadSquared raised $153 million from WestBridge Capital Sales and automation platform LeadSquared joined the unicorn club after closing a $153 million funding round led by WestBridge Captial, at a $1 billion valuation. Founded 11 years ago by Prashant Singh and Sudhakar Gorti, LeadSquared sells sales and automation software to businesses to help them manage with lead management and analytics. Over 1,000 business like Byju’s, Vedantu, Dunzo and Practo use their services. Singapore’s StashFin picked up $270 million Neobanking startup StashFin raised a huge $270 million in a mix of equity and debt funding from Uncorrelated Ventures, Fasanara Capital and others, at a $800 million valuation. The company claims to have registered a ten-fold growth in its monthly business since last year, with its annualised revenue run rate (ARR) set to touch $100 million. Fresh funds raised in this round will go towards expanding its business in SouthEast Asia and improve tech stack. Cashify lands $90 million from NewQuest Discover the stories of your interest Used smartphone seller Cashify closed a $90 million funding round led by NewQuest Capital Partners and Prosus. Existing investors like Bessemer Venture Partners and Blume Ventures also participated in the round. Cashify, which saw a boom in its business during the pandemic, plans to use the funds for opening more refurbishment stores, marketing and increasing its offline footprint. Leap raised $75 million from Owl Ventures Overseas edtech startup Leap raised $75 million from Owl Ventures , Steadview Capital and Paramark Ventures. Founded in 2019, Leap offers international test preparation, admission & counselling, and loans to students looking to study abroad. The company caters to over 175,000 students and will deploy the funds raised in the round to expand its business in Bangladesh and other SouthEast Asian markets. ETtech Vahak raised $14 million Bengaluru-based road transport logistics startup Vahak raised $14 million from Nexus Venture Partners , Fundamental and iSeed Ventures, among others. Vahak is a free-to-use, open marketplace for shippers and transport SMEs to discover and connect with truckers. It claims to be helping truck drivers earn more than twice what they usually earn on major routes across India , majorly by increasing truck utilization. The new capital will be used for acquiring new customers and creating an ecosystem for truck drivers. PayGlocal got $12 million from Tiger Global and Sequoia Cross-border payments startup PayGlocal raised $12 million in a funding round co-led by Tiger Global and Sequoia Capital India. Beenext and angel investors like Pine Labs CEO Amrish Rau and Cred’s Kunal Shah also participated in the round. Started in 2021, payment industry veterans Prachi Neuron7.ai raised $10 million AI-powered customer and field service software firm Neuron7.ai raised $10 million in a funding round led by existing investors Battery Ventures and Nexus Venture Partners. Neuron7 leverages AI and natural language processing (NLP) to help service organisations overcome challenges and improve service metrics. It will use the funds raised for expanding its product and customer success teams in the US and India. Other Done Deals ■ Healthtech startup Spry raised $7 million in funding from Eight Roads Ventures, with participation from F-Prime Capital and existing investor, Together Fund. Spry aims to democratize the accessibility and affordability of movement health through its full-stack digital health platform by providing an end-to-end patient and practice management SaaS platform for physical therapists. ■ Global escrow banking solution provider Castler closed a $1 million funding round from Zerodha’s venture capital arm Rainmatter, Venture Catalysts and a few others. Founded by Vineet Singh, Dinesh Kumar and Ritesh Tiwari in January 2021, the Delhi-based startup offers domestic and cross-border escrow solutions and escrow management solutions for enterprises and banks. Read the

Sequoia Capital India Investments

626 Investments

Sequoia Capital India has made 626 investments. Their latest investment was in Leap Finance as part of their Series D on June 6, 2022.

CBI Logo

Sequoia Capital India Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

6/22/2022

Series D

Leap Finance

$75M

No

3

6/21/2022

Series A

Huspy

$37M

Yes

15

6/17/2022

Series B

FanClash

$40M

Yes

16

6/17/2022

Series B

Subscribe to see more

$99M

Subscribe to see more

10

6/9/2022

Seed VC

Subscribe to see more

$99M

Subscribe to see more

10

Date

6/22/2022

6/21/2022

6/17/2022

6/17/2022

6/9/2022

Round

Series D

Series A

Series B

Series B

Seed VC

Company

Leap Finance

Huspy

FanClash

Subscribe to see more

Subscribe to see more

Amount

$75M

$37M

$40M

$99M

$99M

New?

No

Yes

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

3

15

16

10

10

Sequoia Capital India Portfolio Exits

65 Portfolio Exits

Sequoia Capital India has 65 portfolio exits. Their latest portfolio exit was Vara on June 24, 2022.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

6/24/2022

Acquired

$99M

2

5/19/2022

Acq - Pending

$99M

1

4/12/2022

Merger

$99M

2

3/15/2022

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

2/2/2022

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

Date

6/24/2022

5/19/2022

4/12/2022

3/15/2022

2/2/2022

Exit

Acquired

Acq - Pending

Merger

Acquired

Acquired

Companies

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

Subscribe to see more

Subscribe to see more

Sources

2

1

2

10

10

Sequoia Capital India Acquisitions

1 Acquisition

Sequoia Capital India acquired 1 company. Their latest acquisition was Faces Cosmetics on August 23, 2017.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

8/23/2017

$99M

Acq - Fin - II

8

Date

8/23/2017

Investment Stage

Companies

Valuation

$99M

Total Funding

Note

Acq - Fin - II

Sources

8

Sequoia Capital India Fund History

19 Fund Histories

Sequoia Capital India has 19 funds, including Sequoia Capital India Growth Fund.

Closing Date

Fund

Fund Type

Status

Amount

Sources

6/13/2022

Sequoia Capital India Growth Fund

$2,000M

2

3/25/2021

Sequoia Capital India Seed Fund II

$195M

3

7/6/2020

Sequoia Capital India Venture Fund VII

$525M

2

7/6/2020

Sequoia Capital India Growth Fund III

$99M

10

6/27/2019

Sequoia Capital India Seed Fund I

$99M

10

Closing Date

6/13/2022

3/25/2021

7/6/2020

7/6/2020

6/27/2019

Fund

Sequoia Capital India Growth Fund

Sequoia Capital India Seed Fund II

Sequoia Capital India Venture Fund VII

Sequoia Capital India Growth Fund III

Sequoia Capital India Seed Fund I

Fund Type

Status

Amount

$2,000M

$195M

$525M

$99M

$99M

Sources

2

3

2

10

10

Sequoia Capital India Team

13 Team Members

Sequoia Capital India has 13 team members, including current Chief Financial Officer, Harshal Kamdar.

Name

Work History

Title

Status

K.P. Balaraj

Founder

Current

Sumir Chadha

WestBridge Capital, Goldman Sachs, and McKinsey & Company

Founder

Current

Sandeep Singhal

Founder

Current

Harshal Kamdar

PwC, Ernst & Young, and Colgate-Palmolive

Chief Financial Officer

Current

Gayatri Vasudeva yadav

Chief Marketing Officer

Current

Name

K.P. Balaraj

Sumir Chadha

Sandeep Singhal

Harshal Kamdar

Gayatri Vasudeva yadav

Work History

WestBridge Capital, Goldman Sachs, and McKinsey & Company

PwC, Ernst & Young, and Colgate-Palmolive

Title

Founder

Founder

Founder

Chief Financial Officer

Chief Marketing Officer

Status

Current

Current

Current

Current

Current

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.