Sequoia Capital Raises $530 Million for India-Focused Fund

Sequoia Capital, best known for its early-stage investments in companies such as Google Inc, has raised $530 million for its fourth India-focused fund, the US venture capital fund said in a statement on Friday. Although intended to focus on India, the fund will also look for opportunities in Southeast Asia, and will invest primarily in technology, consumer and healthcare sectors, Sequoia said. With the new fund, the total cap...