'Business as usual' for Sequoia's early-stage bets amid start-up headwinds

Within the early-stage space, Sequoia remains bullish on AI, deep tech, and semiconductors

Aryaman Gupta New Delhi
Photo: Reuters

Photo: Reuters

While the Indian startup ecosystem is going through a funding slowdown and large enterprises are having their valuations slashed, global investment giant Sequoia Capital is betting big on early-stage startups in the country.
At a time when funding for early-stage startups fell almost 68 per cent YoY in the first quarter of this year to $844 million, Anandamoy Roychowdhary, Surge Partner, Sequoia Southeast Asia, says It’s "business as usual" for the investment giant’s early-stage portfolio companies.
Sequoia, he revealed, remains bullish on the early-stage segment, especially in sectors like artificial intelligence, deep tech and semiconductors.

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First Published: May 15 2023 | 6:13 PM IST

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