Sequoia Capital has hired Piyush Gupta, the former head of technology, media and telecom (TMT) investment banking at Deutsche Bank, as a managing director in its India unit.
Gupta will head the VC firm’s strategic development team, AVCJ has learned. The team aims to create opportunities for Sequoia’s portfolio companies including business collaboration with outside firms,...
UK-based private equity investor Dolma Impact Fund has committed $3.2 million to Swet Ganga Hydropower & Construction, a hydroelectric power provider in Nepal.
Nayuta, a Japanese start-up focused on combining internet-of-things (IoT) and blockchain technologies, has received a JPY140 million ($1.3 million) funding round led by Jafco.
InnoSpring and Alibaba Group have jointly launched an accelerator program in China with a view to helping international start-ups access Chinese markets and ecosystems.
Magmode, a China-based men’s fashion start-up, has raised $15 million in the second tranche of a Series B round led by Cathay Capital Private Equity. Existing investor Sinovation Ventures also participated.