Sequoia splits India, China arms from US-Europe business

Conflict between the funds’ respective startup portfolios, brand confusion and increasing complexity of maintaining centralized regulatory compliance were cited as factors behind the breakup.

7 June, 20231 min
0
Google Preferred Source Badge
Share
Getting your Trinity Audio player ready...
Sequoia splits India, China arms from US-Europe business

You may also like

Business
Story image

Tata Motors risks losing EV dominance to Mahindra

The automaker that virtually created India’s electric car market is forced to offer record discounts, even as rivals surge and competition is set to get fiercer.

Business
Story image

GIFT City’s loose IPO rules could be risky business

As XED lists, the global finance hub’s lighter regulations raise the spectre of the same excesses seen in SME markets.

Business
Story image

Adani and Ambani’s media bets sink deeper into the red

NDTV and Network18 are now firmly loss-making—and show little urgency to fix the fundamentals.