wordpress blog stats
Connect with us

Hi, what are you looking for?

Gautam Mago quits VC firm Sequoia


Managing director of Sequoia Capital India  Gautam Mago has resigned from the venture capital firm. Mago tweeted on Tuesday saying he would be transitioning from his current role in Sequoia after completing 10 years in the firm.  While he did not mention where he would be moving to, according to a report in EtTech he may start his own fund.

At Sequoia, Mago managed the firm’s investments in companies like BankBazaar, Belong, Capital Float, Fintellix, MadStreetDen, Mobikwik, Ola Cabs, Oyo Rooms, Porter, Practo, Runnr, Sai Life Sciences, Star Health, Tiny Owl, UnitedLex and Urban Ladder.  Mago was based out of Sequoia’s Bengaluru office.  In his profile, Mago says, “All areas where technology can impact or create large markets are interesting to me. Markets and technology keep changing. The only certainty is that tomorrow’s focus will be different from today.”

Prior to joining Sequoia, he was an associate at Mckinsey & Company for 3 years. He has also worked as an analyst at Arthur Andersen.

Advertisement. Scroll to continue reading.

Sequoia in India

Sequoia started operations in India in 2006. The firm has invested in 117 companies in India. In June this year, the firm topped up its fourth India-focused fund with $125 million making it a total fund of $850 million. It has also raised its fifth India-focused fund of $930 million in  2016. Total capital under management at Sequoia Capital India, which also invests in Southeast Asia, to about $3.2 billion as indicated by Economic Times.  

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.



By Rahul Rai and Shruti Aji Murali A little less than a year since their release, the Consumer Protection (E-commerce) Rules, 2020 is being amended....


By Anand Venkatanarayanan                         There has been enough commentary about the Indian IT...


By Rahul Rai and Shruti Aji Murali The Indian antitrust regulator, the Competition Commission of India (CCI) has a little more than a decade...


By Stella Joseph, Prakhil Mishra, and Surabhi Prabhudesai The recent difference of opinions between the Government and Twitter brings to fore the increasing scrutiny...


This article is being posted here courtesy of The Wire, where it was originally published on June 17.  By Saksham Singh The St Petersburg paradox,...

You May Also Like


Truecaller has appointed former WhatsApp executive Pragya Misra Mehrishi as the Director of Public Affairs in India. In her new role, Mehrishi will lead...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Your email address:*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ