Sequoia elevates five executives to managing director position

CIOReviewIndia Team | Friday, 30 July 2021, 09:15 IST

Sequoia elevates five executives to managing director positionSilicon Valley’s marquee enterprise capital fund, Sequoia Capital, has promoted 5 of its executives to the place of managing director, because it additional bulks up its management staff amid unprecedented dealmaking within the nation’s startup ecosystem.

Ashish Agarwal and Harshjit Sethi from the fund’s enterprise staff, and Tejeshwi Sharma, Ishaan Mittal and Sakshi Chopra from the expansion staff, shall be elevated to the MD stage.

The information was introduced to the Sequoia staff internally on Friday. A Sequoia spokesperson confirmed the event and mentioned, “Immediately, we’re excited to announce important additions to our management staff at Sequoia India, a transfer that underscores our dedication to serve founders higher throughout phases and sectors. We’re thrilled to advertise Ashish Agarwal and Harshjit Sethi as Managing Administrators in our enterprise staff. We’re additionally very excited to nominate Ishaan Mittal, Sakshi Chopra and Tejeshwi Sharma as Managing Administrators in our development staff.”

The 5 executives will be a part of current MDs Shailendra Singh, Mohit Bhatnagar, Ravishankar G V, Shailesh Lakhani, Abheek Anand, Piyush Gupta and Amit Jain. The promotions come on the again of Sequoia seeing a bunch of its portfolio companies tapping the general public markets, main with food-delivery platform Zomato which had a stellar itemizing on the Indian bourses on July 23.

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