Sequoia raises $2.85 billion in India, Southeast Asia funds


FILE PHOTO: Gojek driver helmets are seen during Go-Food festival in Jakarta, Indonesia, October 27, 2018. REUTERS/Beawiharta

MUMBAI (Reuters) - Sequoia Capital has raised $2.85 billion to fund Indian and Southeast Asian startups, the venture capital firm said on Tuesday, looking beyond current weakness in investment in new companies in the region.

The fundraising is Sequoia's largest so far for India and Southeast Asia.

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