Pleased to announce our investment in Equitas, the fastest growing top-10 micro finance company in India; and Naaptol, a leading home shopping business. We are very excited to participate in high-growth consumer services opportunities, with high-caliber entrepreneurial teams.
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Vijay, if you mean following sequoia trail on making money, sure 🙂 Equitas is a late stage investment and unusual in that sense for us. Naaptol has interesting traction but its still early in the day – but its not a seed deal, the business needs far more capital and you either play the game with table stakes, or you dont.
Hmm, both of them are fairly mature deals. You are not following the sequoia trail, i hope 🙂
Congrats Alok. The investment in Equitas seems to be a new focus area for Canaan here.
Alok – Congratulations on both the deals.