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DealStreetAsia

Sequoia Capital goes to market for second India seed fund

Move comes less than 2 years after the Zomato and Oyo investor floated the 1st

Sequoia Capital India was formed in 2000 with offices in India, Singapore, U.S., Israel, Hong Kong and China.   © Reuters

CEBU, Philippines -- Silicon Valley-based Sequoia Capital, an early investor in some of India's biggest startups, including Byju's, Zomato, and Oyo, is in the market to raise a second country-focused seed fund.

The venture capital firm's filing with the U.S. Securities and Exchange Commission shows that it is raising Sequoia Capital India Seed Fund II less than two years after it floated Seed Fund I.

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