OpenAI is set to raise $6.5 billion through convertible notes, contingent on restructuring its corporate structure and removing a profit ca...

Peak XV Partners, formerly Sequoia Capital India and SEA, sold over 22% stake in Indigo Paints for Rs 1,557 crore to investors including Mo...

Khatabook -- valued at $600 million (about Rs 4,500 crore) after its previous funding round -- is backed by Sequoia Capital (now PeakXV Par...

Chamath Palihapitiya, who runs venture fund Social Capital, said while Sequoia’s exit from China was understandable, the firm could have le...

Happy Hump Day! Silicon Valley’s blue-chip fund Sequoia Capital has parted ways with its India and China partnerships. This and more in tod...

Sequoia India & Southeast Asia has been rebranded Peak XV Partners, the venture capital firm said in a blog post Tuesday. There will be no ...

Days after its negotiations with creditors to restructure a $1.2 billion term loan fell through, edtech firm Byju’s missed a quarterly inte...

GoMechanic will initiate financial audit, lay off 70% staff: cofounder Amit Bhasin in a LinkedIn post.

GoMechanic layoffs will affect about "70% of the workforce", said cofounder Amit Bhasin in a LinkedIn post

Venture Capital fund Sequoia informed its portfolio companies that it has stopped working with the law firm, Algo Legal.

Sequoia Capital will remake its investment structure in the US and Europe around a single fund, Sequoia partner Roelof Botha says. The Sequ...

While there’s no formal agreement in place, and ongoing discussions may not lead to a definitive deal, a complete exit for present sharehol...

The affected workforce is largely in product development and customer support, while the operations team won’t be a part of this move, at l...

Kapoor said the move is pre-emptive and aimed at consolidating the business as one entity in the next 12-18 months because investors may co...

In September, TinyOwl laid off about 200 employees. The latest staff cuts will be in marketing, sales and HR teams in Delhi, Hyderabad, Che...

The fund raising comes at a time when the two-year-old Mumbai-based company is looking at restructuring operations, control burn rate and o...

The restructuring at Grofers is expected to facilitate faster fund-raising as its institutional investors are based overseas.