Venture capital firm Sequoia Capital will invest $500-600 million in Indian companies,
in next couple of years, to meet growth capital needs.
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.
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.
will invest money ranging between $500 and $600 million in Indian companies in
next couple of years," he added
Capital The firm had already invested $600-700 million in 40 Indian companies,
including Cafe Coffee Day, Idea Cellular, Paras Pharmaceuticals, Shaadi.com, SKS
Capital has two offices in Mumbai and Bangalore. Besides it also operates in the
US, China and Israel.