The company, which mainly invests in young companies having potential to grow, has identified various emerging sectors in the country, Sequoia Capital (India), associate Ravi Shankar said.

"We have found several areas such as Internet mobile, specialised retailing, telecom, KPO etc in the country which offer immense potential and we would like to focus on these areas," he said.

"We will invest money ranging between $500 and $600 million in Indian companies in next couple of years," he added

Sequoia Capital The firm had already invested $600-700 million in 40 Indian companies, including Cafe Coffee Day, Idea Cellular, Paras Pharmaceuticals, Shaadi.com, SKS Microfinance.

Sequoia Capital has two offices in Mumbai and Bangalore. Besides it also operates in the US, China and Israel.