Sequoia Capital In Singapore After A Year, Has Yet To Invest In A Local Startup


When Sequoia Capital India landed in Singapore quietly in 2012, the buzz around town was that a big-name US fund being in the country was going to really jolt the market and provide serious cred to the startups here.

The Indian team running operations here, however, appears to have spent the last year of its time in the island state helping startups in its India portfolio expand into Singapore, rather than directly investing in startups here.

However, the company just moved into a fancy new co-working space called The Co, and is its anchor tenant, so it could be a sign that it’s trying to get closer to local startups. Previously, it operated out of a service office in High Street.

Singapore is a popular choice as a base for foreign companies looking to expand into Southeast Asia, because it’s a mature market with plenty of infrastructure available. But as a…

View original post 517 more words


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s