Sequoia India
Peak XV’s latest Surge batch is 77% AI and deep tech startups
AI and other deep technologies are the prevailing themes in the new early-stage cohort from Peak XV Partners, as the largest India and Southeast Asia-focused VC fund intensifies its search…
Peak XV Partners, the most influential venture firm in India and Southeast Asia, has signed more than 10 term sheets and witnessed three exits in the 10 weeks since it…
Peak XV eyes $50M investment in former Edelweiss executives’ Neo
Peak XV Partners is in advanced stages of deliberations to lead or fully finance a funding round in Neo Group, an asset management and financial advisory firm, three sources familiar…
Prosus, the largest non-founder shareholder in Byju’s, has drastically slashed the worth of its stake in the edtech giant, implying a starkly diminished valuation of $5.1 billion to the Indian…
Prosus, Peak XV Partners and Chan Zuckerberg Initiative confirmed Friday that their representatives have resigned from the board of Byju’s, India’s most valuable startup that is also reeling from the departure…
Investors say they have uncovered financial irregularities at Mojocare
Mojocare investors have found “financial irregularities” at the Indian health and wellness startup and are moving to scale down its operations, they said in a statement Sunday. The move follows…
Lightspeed says India not for the faint-hearted amid Sequoia split
Bejul Somaia, the founding partner of Lightspeed India, staunchly defended the allure of South Asia’s investment landscape, even in the wake of unsettling movements such as Sequoia’s decision to segregate…
Sequoia splits China and India arms from US mothership to avoid ‘portfolio conflict’ and ‘market confusion’
Sequoia plans to split into three entities — Sequoia Capital in the U.S. and Europe, Peak XV Partners in India and Southeast Asia, and HongShan in China — as the…
Featured Article
Where is India in the generative AI race?
India’s technology ecosystem is facing an uphill battle to catch up to global leaders in the generative AI race. Despite being home to one of the world’s largest startup ecosystems, the South Asian economy has yet to make a material impact in the rapidly advancing AI arena. No homegrown Indian…
Sequoia-backed Zamp Finance makes it easier for businesses to invest in US Treasury Bills
Sequoia-backed Zamp Finance simplifies the process for businesses to invest their excess capital in US Treasury bills.
Distressed Indian startup GoMechanic acquired by Lifelong Group-led consortium
A Lifelong-led consortium has acquired the distressed firm GoMechanic months after the Sequoia India-backed startup admitted “grave errors.”
Sequoia-backed GoMechanic cuts 70% jobs amid ‘grave errors’ in financial reporting
GoMechanic has laid off 70% of its workforce as the Sequoia India-backed startup grapples with a funding crunch after the existing and prospective investors found that the founders had misstated…
Eric Schmidt backs former Google exec’s digital family office platform in $90 million funding
Caesar Sengupta has worked on, and overseen, several category-defining projects in the past decade and a half. As a product lead at Google, he was in charge of ChromeOS, the…
Sequoia India eyes $50 million investment in K12 despite market slump
Sequoia India is in advanced stages of deliberations to invest over $50 million in K12 Techno Services, a startup that offers a range of services to education institutions and also…
Sequoia India and SEA taps international operators to help startups launch and expand overseas
Sequoia India and Southeast Asia has launched a new program to help its portfolio’s early-stage founders connect with international operators who can help the startups expand to new markets, the…
Retention platform CleverTap bags $105 million in fresh funding
Customer engagement and retention platform CleverTap has raised $105 million in a new financing round, the latest in a series of India-origin startups making fast inroads in the global SaaS…
Backed by Tiger Global and Sequoia India, Toplyne helps product-led growth teams tackle user conversion
For product-led growth companies (PLG), the perennial question is: How do we get non-paying customers to subscribe? Then the second question is: How do we get paying customers to move…
Sequoia Capital India, 120 angel investors back former Google execs’ consumer finance startup Arbo Works
A team of Google executives, many of whom worked with one another for years, left the company earlier this year to launch a startup. The fintech firm, Arbo Works, has…
TechCrunch+ roundup: Mixpanel’s reset, smart growth, $100K referral bonuses
If you’re interested in becoming a TechCrunch contributor, I’ll be on Twitter Spaces on Tuesday, October 19 from 3 to 3:30 p.m Pacific to answer questions about our editorial guidelines…
India’s Razorpay becomes unicorn after new $100 million funding round
Bangalore-headquartered Razorpay, one of a handful of Indian fintech startups that has demonstrated accelerated growth in recent years, has joined the coveted unicorn club after raising $100 million in a…
Indian mobile gaming platform Mobile Premier League raises $90 million
Mobile Premier League (MPL) has raised $90 million in a new financing round as the two-year-old Bangalore-based esports and mobile gaming platform demonstrates fast-growth and looks to expand outside of…
Singapore’s trade finance startup Incomlend raises $20M led by Sequoia Capital India
Incomlend, a Singapore-headquartered startup that operates a trading platform to connect exporters and importers with investors, has raised $20 million in a new financing round, it said on Tuesday. Sequoia…
India’s InterviewBit secures $20M to grow its advanced online computer science program
InterviewBit, a Bangalore-based startup that runs an advanced online computer science program for college graduates and young professional engineers, has raised $20 million in one of the largest Series A…
CleverTap lands $26M for its mobile-focused customer marketing service
CleverTap, an India-based startup that lets companies track and improve engagement with users across the web, has pulled in $26 million in new funding thanks to a round led by…
It’s taken some time to come around, but Naspers — the early Tencent investor that’s also behind the world’s top listings service — finally has a piece of Southeast Asia’s…
Middle East’s Careem is the latest ride-sharing unicorn to get an India-based tech team
India is the new tech outsourcing destination for ride-hailing companies. Southeast Asia’s Grab and Go-Jek both have sizable engineering teams in the country, and now that duo is joined by…
Southeast Asia’s Fave raises $20M and adds mystery strategic investor from China
So you thought group-buying was dead?! Not in Southeast Asia where Fave, a company that aims to connect local merchants with customers using discount sales, has closed a $20 million Series…
Sequoia wraps up new $695M fund for India and Southeast Asia
Sequoia has announced the close of its newest fund for India and Southeast Asia. The firm has raised $695 million for this fund, which is its fifth since it expanded into…
Naspers, the South Africa-based firm that famously backed Chinese giant Tencent in its infancy, is in talks to invest in Singapore-based startup Carousell, according to two sources with knowledge of…
“Social selling” startup Meesho lands $11.5M Series B led by Sequoia India
Y Combinator alum Meesho, one of several “social selling” startups gaining speed in India, will add more features to its e-commerce platform after closing a $11.5 million Series B led…
