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US based Sequoia Capital aims to raise $2.25 bn amid funding winter: Report

Business Standard LogoBusiness Standard1 mo ago

US based Sequoia Capital aims to raise $2.25 bn amid funding winter: Report

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US-based investment firm Sequoia Capital is reportedly raising new funds worth $2.

The firm is working on a new $1.5 billion US growth fund focused on more mature companies, reports The Information.

These funds are being called "sub-funds," launched after the firm overhauled the structure for its US and European business.


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Article Details

Author / Journalist: IANS

Category: EconomyFinance

Topics: Business Firm Sequoia Billion Capital Standard India Fund Content Funds

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-07-02, 12:42:00

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Reading Time: 4 minutes read

Article Length: 579 words

Coverage Area: India

Availability: Desktop Web, Mobile Web

News ID: 26446

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About Business Standard

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Main Topics: EconomyFinance

Official Website: business-standard.com

Update Frequency: 253 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2h ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

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Publisher ID: #49

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