Incoming: More funding at more stages for Sequoia India in Southeast Asia

Sequoia India is Southeast Asia’s most prominent investor. Now it is doubling down with over US$1 billion in new funds to be shared with India, with a focus on funding startups from seed to IPO. Except exits don’t come easy in the region

Sequoia becomes the largest Southeast Asia investor to support startups from seed investment right up to pre-IPO deals

Southeast Asia is a sweet spot for Sequoia, which didn’t get into India unicorn startups early

Sequoia’s strongest Southeast Asia bets include unicorns Gojek and Tokopedia—now it has laid a path for younger prospects to follow more easily

Will the bold strategy will pay off? Sequoia isn’t new to seed-to-growth strategy, but SE Asia isn’t US or China

One of Southeast Asia’s largest tech investors just got even larger.

Sequoia Capital India—which operates funds that invest across India and Southeast Asia—closed US$1.35 billion in new capital earlier this month via a US$550 million venture capital fund and a US$850 million growth fund.

This fund raise was significant for multiple reasons.

This is the first time that Sequoia India has raised over a billion dollars for deals in India and Southeast Asia. It’s the firm’s first growth fund for this region. The new funds mark a change in the firm’s approach to India and Southeast Asia following its introduction of an accelerator program called Surge Surge The Ken Decoding Sequoia’s Surge Read more last year.

AUTHOR

Jon Russell

Jon Russell is Southeast Asia editor for The Ken based in Bangkok. Originally from the UK, Jon moved to Thailand in 2008. He’s passionate about telling thoughtful business stories, and tracking the impact of the internet in his adopted home of Southeast Asia.

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