Sequoia Capital eyes 10-15 deals

Private equity company Sequoia Capital India is eyeing 10-15 deals across several sectors, Sandeep Singhal, the company’s managing director, said in an interview today. “We are currently evaluating these deals. We may not invest in any of these companies or may invest in more than one depending on how attractive the opportunity is,” he sad. Sequoia Capital India, which was formed after merging WestBridge Capital Partners with Silicon Valley-based Sequoia in 2006, currently manages three venture capital, early-stage and two private equity growth funds. The private equity company recently raised $725 million under its second growth fund, Sequoia Capital India Growth Fund II. This takes the total funds under management to around $1.8 billion.