Sequoia Capital India Partners Quit

Four founding partners of venture firm Sequoia Capital’s India unit have quit to start a new company for public market investments in India, Reuters reported. The partners – Sumir Chadha, K.P. Balaraj, S.K. Jain and Sandeep Singhal – will continue to represent Sequoia on the boards of portfolio companies, Reuters said. Sequoia named a team of five new managing directors who will run the India unit.

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