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Sequoia nears first Asia-Pacific deal since regional split
Sequoia is closing in on making its first deal in India and the broader Asia Pacific region since its split with former partners, according to four Sequoia is closing in on making its first deal in India and the broader Asia Pacific region since its split with former partner.
Sequoia is closing in on making its first deal in India and the broader Asia Pacific region since its split with former partners, according to four sources familiar with the matter. The investor, one of the world’s largest venture capital firms, is in advanced talks to back Vance, a Bengaluru-based cross-border payments startup, the sources said, requesting anonymity as the deliberation is ongoing and private. Sequoia also parted ways with its much-celebrated China unit, run by Neil Shen, amid growing geopolitical tensions between Washington and Beijing.
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