economictimes.indiatimes.com

Sequoia put $60 million into WhatsApp before its boom. Years later, Facebook agreed to buy the messaging app for $19 billion

A retrospective on Sequoia Capital's roughly $60 million backing of WhatsApp across several rounds, and Facebook's $19 billion buyout of the messaging app, which TechCrunch estimated returned about fifty times the firm's investment.

Also wired.com·SmartCompany

Under Aura Group portfolio ·leads this story in the feed

Sequoia's new leaders raise about $7 billion for firm's biggest bets

Bloomberg-sourced report says Sequoia's incoming co-leaders have gathered roughly seven billion dollars for a new vehicle backing large, often AI, companies; the piece also covers leadership changes and Wiz's sale to Alphabet.

Under mlq.ai ·leads this story in the feed

Oyo owned Belvilla acquires short-term rental platform MadeComfy

Oyo's Belvilla has acquired Australian short-term rental manager MadeComfy in a cash-and-stock deal, with share components valuing Oyo near $5 billion; the piece also recalls Oyo's earlier acquisitions of @Leisure Group and G6 Hospitality.

Also businessreviewlive.com·newswire.nokomis.in·tradeunlisted.com·community.verified.realestate·planify.in·Crunchbase News

Bessemer closes $350 million India-only fund to boost play

Bessemer Venture Partners has wrapped up a $350 million fund for Indian startups, planning $5-40 million cheques; the piece also notes recent closes by Accel India and Stellaris.