Founders resign, Sequoia rejigs management
By siliconindia
Mumbai: Sequoia Capital's management has undergone a transition. As per the new formation, Abhay Pandey, GV Ravishankar, Mohit Bhatnagar, Shailendra Singh and VT Bharadwaj have become responsible for the management of its business in India. They have been involved with a majority of the companies in all of the Sequoia Capital funds in India and have worked closely as partners with the entrepreneurs of these portfolio companies. Abhay, GV, Mohit, Shailendra and VT have experience and expertise in early stage, venture, growth and public market investments and will continue their efforts to make Sequoia Capital the investor of choice for entrepreneurs in India.
The original WestBridge Capital Partners founders, Sumir Chadha, KP Balaraj and SK Jain and Sandeep Singhal have resigned to form a firm devoted to public market investing in India. Sumir and KP started WestBridge in 2000 when the venture business in India was virtually non-existent and were joined in 2001 by SK and Sandeep. They have put a tremendous amount of effort into getting the original WestBridge business off the ground, and helped to build a team and franchise which, for the last five years has operated as Sequoia Capital, and is widely regarded as the leading venture and growth equity firm in India.
The four are going to continue to represent Sequoia Capital on the boards of a variety of private and public companies, and hope to work with the Sequoia Capital team on future investment opportunities in areas that may overlap.