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# Sequoia India and Southeast Asia launches over $2 billion investment fund
- URL: https://www.techloy.com/sequoia-india-and-southeast-asia-launches-over-2-billion-investment-fund/
- Published: 2022-06-14T08:56:50.000Z
- Updated: 2022-12-08T01:36:17.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: / Money, Tech in India

The arm of Sequoia Capital Global based in [India](https://www.sequoiacap.com/india/) and Southeast Asia has launched two new funds at $2.85 billion.

- A $2 billion early-stage venture and growth fund for India and an $850 million fund dedicated to Southeast Asia.
- The firm plans to invest in web3 startups beyond SaaS and Fintech enterprises with the new funds.
- It will continue to invest in seed-stage companies and women founders with its programmes: Surge and Spark.

**Why it matters?**

The fundraise is important because it comes at a time when startups in India and Southeast Asia are having a slowdown in funding and it also expresses the commitment of the firm to business growth in the region.