// Sequoia plans to split into three entities — Sequoia Capital in the U.S. and Europe, Peak XV Partners in India and Southeast Asia, and HongShan in China — as the storied venture firm separates the Asia units from the mothership as it navigates an increasingly complex geopolitical landscape.
The split — which will go into effect by March next year — comes amid the growing geopolitical tension between China and the U.S., the world’s two largest economies. The India and Southeast Asia unit, on the other hand, confronted some optics and governance issues at its portfolio firms last year. https://www.techinasia.com/sequoia-split-investors //