The ever-growing empire of Sequoia India
In 2021, Sequoia Capital India invested $4.35 billion across 74 deals, higher than its past average. The VC also saw a year of stellar exits. But will this momentum continue in 2022?
Good Morning,
Last year, the Indian startup ecosystem raked in $32+ billion in total funding, with Sequoia Capital India making a significant contribution — over 74 deals amounting to $4.35 billion, reveals data by YourStory Research.
Over the last seven years — between 2015 and January 27, 2022 — the fund has invested in a total of over 318 deals in the Indian startup ecosystem amounting to $11.40 billion, across sizes. More than a third of the total funding was infused last year.
“As a fund, we have been investing in India since 2006, and we have always bet on Indian startups and the Indian market, and will continue to do so. The market in India is significantly different that there is no comparison," GV Ravishankar, Managing Director, Sequoia Capital tells YourStory.
The year gone by also saw the VC fund making stellar exits. Data indicates that the fund sold shares worth over $1 billion through secondaries, mergers and acquisitions (M&As), and initial public offerings (IPOs).
Though the fund focused on sectors like ecommerce and edtech, 2022 will see Sequoia Capital India chasing sunrise sectors such as software-as-a-service (SaaS), fintech, insurtech, agritech, and Web 3.0 — areas where technology can make a difference.
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Before you go, stay inspired with…
“Believe you can do it. No one else can convince you that you are powerful, you are skilled, you are smart, wise and knowledgeable unless you believe in yourself.”
— Sarah Vee, Founder, Women Of Hong Kong
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