Sequoia Capital
Sequoia invests in Chinese online retailer
Sequoia Capital has invested an undisclosed amount into China-based retailer and wholesaler Milanoo.com. According to a press statement, the invested funds will be used to strengthen the company's product supply system, optimize the online shopping platform...
Kefei Li joins Wilson Sonsini Goodrich & Rosati
Tech and enterprise-focused law firm Wilson Sonsini Goodrich & Rosati has appointed Kefei Li as a China-based Partner, joining from Skadden, Arps, Slate, Meagher and Flom in Beijing.
Digital travel portal gets $50 million from Sequoia, DCM
Tuniu.com, a China-based digital travel service, has raised $50 million in a Series C venture capital financing round from firms including Sequoia Capital, DCM and Highland Capital, as well as Japanese e-commerce major Rakuten Group.
DST to open in Hong Kong - reports
DST Advisors, the VC investor headed by celebrity Russian entrepreneur Yuri Milner, is reportedly in the process of setting up shop in Hong Kong, Reuters reported, citing sources close to the firm.
Investors give to Bubble Motion
Mobile communications firm Bubble Motion has received a $10 million Series B financing tranche led by SingTel Group’s VC fund Innov8. Existing investors Sequoia Capital, Palomar Ventures and NGC also participated in the raise, as well as new, Singapore-based...
Qihoo shares break out big in NYSE IPO
The share price of Qihoo 360, China’s market-leading provider of internet and mobile security products, and third most popular company in the space by customer volume, more than doubled its already premium-plus $13.50-14.50 per ADS initial offering...
Control stake in Comviva up for grabs
Indian Conglomerate Bharti Enterprises is reportedly looking to offload its majority stake in Comviva Technologies, a mobile software and application developer that also counts Sequoia Capital as a backer.
VC-backed NetQin to IPO
PE-backed Chinese mobile technology firm NetQin mobile has submitted its filings to the New York Stock Exchange.
Sequoia discusses future of Indian investments
One month after Sequoia Capital India’s founders announced they would depart to launch WestBridge Public Fund later this year, the VC major’s MD told domestic media that Sequoia planned to remain a strong investor in the market, earmarking $600 million...
Qihoo 360 to list in the US
Venture-backed PRC internet site Qihoo 360 Technology Co Ltd, plans to be listed in the US and is aiming to raise up to $200 million in a debut on the NYSE. Established in 2005 in Beijing, the China-based company – which claims to be the third most...
Sequoia exits Chinese retailers to SINA
A statement by SINA, one of China’s largest online media and mobile companies, has confirmed that the group and its parent company, DongXiang, are purchasing approximately 19% of the share capital of Nasdaq-listed Mecox Lane, an online retailer of clothing...
The changing face of Indian private equity
What's happening in Indian private equity? The past few months have seen tremendous changes in India’s PE industry as local professionals move around in a happy merry-go-round of new and old faces. Some industry watchers say these changes and movements...
DCM, Sequoia and Legend link for education group
A consortium of venture capital firms comprising of DCM, Sequoia Capital China and Legend Capital, as well as Singapore’s Phoenix Fund, has invested $20 million into Beijing Man Xie Education Science and Technology, an education group established in...
Sumir Chadha talks about new venture, Westbridge
After five years with Sequoia Capital, Sumir Chadha and longtime partners K.P. Balaraj, S.K. Jain and Sandeep Singhal are leaving the Indian operations of the Silicon Valley firm. The group will take their original name Westbridge, which they founded...
Leaving the mother ship: Asian professionals on their own
What a difference a year makes.
Sequoia departures put question mark over fund’s future
Four of Sequoia Capital India’s founding partners have resigned from the VC firm to set up a new fund, which will focus on domestic PIPE transactions.
Steven Ji made Partner at Sequoia
Managing Director of Sequoia Capital China Steven Ji has been promoted to the role of Partner, the VC major confirmed to AVCJ.
Sequoia leads $30 million round in iYogi
Sequoia Capital India has led a $30 million round of funding into independent tech support firm iYogi, as part of a process that also included existing investors Canaan, SVB Capital Partners, SAP Ventures and Draper Fisher Jurvetson.
New Enterprise Associates beats competitors to invest $50 million in TutorVista
VC firm New Enterprise Associates (NEA) is set to invest $50 million in Indian education platform TutorVista Global, reportedly besting firms such as Baring Private Equity Asia, ICICI Venture, Multiples Alternative Asset Management, Standard Chartered...
First AVCJ India Awards see Indian industry’s coming of age
The first AVCJ India Private Equity & Venture Capital Awards held last week paid tribute not just to individual winners, but also to the overall growth and maturation of the Indian private equity industry.
First AVCJ Indian Private Equity & Venture Capital Awards showcase performance, strength with Sequoia, ICICI, Chandwani wins
AVCJ’s first-ever annual Indian Private Equity & Venture Capital Awards saw distinguished wins for firms including Sequoia Capital, ICICI Venture and KPMG.
Sequoia makes headlines, exits Pangea3 to Reuters
Sequoia Capital has sold its Indian early-stage investee Pangea3, a legal process outsourcing (LPO) business, to media and information conglomerate Thomson Reuters, in a deal that local media estimate is worth anywhere between $40-100 million.
Sequoia exits Pangea3 via sale to Thomson Reuters
Sequoia Capital India has confirmed the sale of its portfolio company Pangea3, a leading legal process outsourcing business, to Thomson Reuters, for an undisclosed amount.
Sequoia-backed Sky-Mobi files for $150 million NASDAQ IPO
Sequoia Capital-backed Sky-Mobi Ltd., a Chinese developer of a cell phone platform application, has filed for a $150 million initial public offering with the US Securities and Exchange Commission.