Sequoia Capital India: Silicon Valley Indian Behemoth

View is the largest venture capital firm in India. The company, a Silicon Valley imitative, has not looked back since its entry into Indian market more than a decade ago. Sequoia has always been known as a VC firm focused upon tech companies. It came to India before the emergence of internet based companies like Snapdeal and Zomato. After a decade, the company is a giant venture capital firm in not just India but the whole of Asia.

 

Entrepreneurs and bankers in India who have had some kind of association with Sequoia Capital India say that this venture capital firm has a strong research based criterion to pick future winners. They have a knack of catching successful businesses when they are at the early stage of start ups. Also, as they have the backing of their US based parent company Sequoia Capital. This gives them an edge over other VC firms as far as having knowledge of emerging industries across the full spectrum of an economy.

 

In 2012, when Sequoia Capital India decided to pump money into Practo, it was a very small company with just 12 employees. Today, it is a large healthcare provider with 2000 workers. The founder of Practo, Shashank N D thanks profusely the support and money from Sequoia for the success of his company. He is a graduate from NIT. He says that is was not just money but help and support in fields like finance, marketing, and hiring that lead to such a fast pace of growth of his company.

 

It is this ability to identify future winners that sets Sequoia Capital India apart from other venture capital firms operating in India. Most of the companies picked up by Sequoia have been winners but there have also been some misses in a long journey spanning a decade.