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Sequoia raises $1.35bn for India and Southeast Asia funds

Investor in unicorns Oyo, Gojek and others affirms positive regional outlook

Sequoia India has fortified its position as the top venture capital player in India and Southeast Asia.   © Reuters

CEBU, Philippines -- Silicon Valley venture capital Sequoia Capital has raised $1.35 billion for two new funds that will invest across India and Southeast Asia, according to Sequoia India managing director Shailendra Singh.

In a LinkedIn post, Singh said the company's partners have collectively committed $825 million to a growth fund and another $525 million to a venture fund. With the two new funds and an existing seed fund, Sequoia India has fortified its position as the top venture capital player in India and Southeast Asia.

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