Sequoia raises $2.85bn for India, Southeast Asia startups

Sequoia raises $2.85bn for India, Southeast Asia startups

Sequoia India and Sequoia Southeast Asia have raised $2.85bn across a set of funds, including India venture and growth funds and an $850m Southeast Asian fund, the venture capital fund’s first dedicated fund for Southeast Asia region. Moneycontrol had reported in...
HgCapital Trust’s manager Hg sells Medifox Dan for $1bn

HgCapital Trust’s manager Hg sells Medifox Dan for $1bn

HgCapital Trust on Tuesday said its manager Hg has sold digital solutions provider Medifox Dan to San-Diego based medical device company ResMed. The $1bn sale values HgCapital’s investment in Medifox Dan, a provider for German care & therapy sectors, at...