Former Sequoia Capital managing directors join hands to launch Rs 2,000 crore fund, says report
Updated : July 30, 2018 09:38 AM IST
Two former managing directors of Sequoia Capital, a venture capital fund, are are launching a new Rs 2,000-crore investment firm, in order to back early- to growth-stage private companies, The Times of India reported.
VT Bharadwaj, who left the venture capital fund in April, and Gautam Mago, who quit a year ago, are the former chiefs who are keen to invest in the emerging companies across consumer, healthcare, financial services and technology sectors, the report said.
The company is likely to be named to A91 Partners and plans to start making investments by early next year.