Former Sequoia India partners launch Mettle Capital with $350 million fund
Overview
Mettle Capital, a new venture fund started by three former Sequoia India partners after a contentious exit, has raised $350 million to invest in Indian tech startups, according to two sources with direct knowledge.
The report says the raise suggests limited partners are not yet writing off India as an investment destination, even as founders and investors there reassess and many look to Silicon Valley as US AI startups widen their lead.
Written by AI from the articles below · updated Oct 29, 3:25 PM ET
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- NewcomerBlogFormer Sequoia India partners launch Mettle Capital with $350 million fund
AIMettle Capital, a new venture fund started by three former Sequoia India partners after a contentious exit, has raised $350 million to invest in Indian tech startups, according to two sources. The report says the raise suggests limited partners are not yet writing off India as an investment destination, even as founders and investors there reassess and many look to Silicon Valley as US AI startups widen their lead.
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