Sequoia Capital splits into 3 entities; rebrands as Peak XV Partners in India
While the US/Europe entity will continue to remain as Sequoia Capital after the split, Sequoia Capital India & Southeast Asia has been rebranded as Peak XV Partners.
While the US/Europe entity will continue to remain as Sequoia Capital after the split, Sequoia Capital India & Southeast Asia has been rebranded as Peak XV Partners.
The startup "made errors in judgment as we followed growth at all costs, including in regard to financial reporting, which we deeply regret," says GoMechanic co-founder Amit Bhasin.
Sequoia Capital through its investment vehicles sells 17.2 crore shares of Zomato in the open market; brings stake down to 4.4% from 6.41% earlier
The U.S.-based investor has allocated $2 billion for the Indian venture and growth funds.
Bose says she will pursue her rights against this "witch-hunt" to the full extent of the law.
Larry Ellison, the co-founder of Oracle, has cut the biggest cheque worth $1 billion.
The latest investment more than doubles Pristyn Care’s valuation, as the healthcare startup’s total fund tally now stands at about $175 million.
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Pristyn Care’s OYO-like business model and impeccable service have attracted both investors and patients alike. But the model and the promise will be tested as the number of surgeries increase.
The Gurugram-based healthcare startup plans to utilise the funds to expand its surgery offerings across more cities. It also wants to use the money to invest in the latest medical technologies.