Sequoia Capital Rebrands China, India and Southeast Asia Businesses

Sequoia Capital Rebrands China, India and Southeast Asia Businesses

Sequoia Capital announced that it will split its investment businesses into three VC firms based on their locations no later than March 31st, 2024. Sequoia China will be rebranded to HongShan, Sequoia India and Southeast Asia will become Peak XV Partners, while the US/Europe venture capital business will retain the name Sequoia Capital.

The new firms will set up their own infrastructure, and partners will not invest in each other's funds. Any profit sharing as well as back-office functions between the regional funds will cease by December 31st.

 

TokenInsight is dedicated to covering the most important and cutting-edge trends in the world of crypto. If you have information to share with us, please feel free to contact our email news@tokeninsight.com. Your trust will be well respected.

Source

Sequoia Capital

Latest News More More
7 Hours Ago 0xbow unveils ‘Privacy Pools,’ a new blockchain privacy tool drawing from Vitalik Buterin’s research
5 Days Ago Ethereum edges closer to deploying Pectra on mainnet with successful upgrade on Hoodi testnet
5 Days Ago MEXC Extends DEX+ Platform to Binance Smart Chain Users
March 25 Binance suspends employee for allegedly profiting off of insider information
March 25 BlackRock launches bitcoin ETP in Europe following US success
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open