Companies Archives - Capital Group

Despite portfolio startup irregularities and difficulties, Sequoia closes its largest India and Southeast Asia fund at $2.85 billion

by Capital Group | Jun 14, 2022 | Initiatives

Sequoia India and Sequoia Southeast Asia have announced the closing of a $2.85 billion fund, with $2 billion dedicated to seed and development stage businesses in India. In addition, Sequoia’s first dedicated fund for the Southeast Asia area would get $850...

ShopSe, a pay-later fintech startup, has raised $6.1 million to expand its lender relationships

by Capital Group | May 25, 2022 | Initiatives

ShopSe, a buy now pay later (BNPL) startup, has raised $6.1 million in Series A funding from BEENEXT, Chiratae Ventures, and White Venture Capital. White Venture Capital is led by Amrish Rau and Jitendra Gupta. ShopSe plans to expand its service to 150,000 more...

As the market for funds tightens, private equity firm General Atlantic will invest $2 billion in Indian and Southeast Asian startups

by Capital Group | May 23, 2022 | Initiatives

Over the next two years, the US-based private equity firm General Atlantic will invest $2 billion in Indian and Southeast Asian firms. declining startup valuations have enticed the PE company to put money into the country’s startup ecosystem amid market...