Sequoia Capital looks for partial exit from India's Stovekraft, Indigo Paints via IPO

Sequoia Capital looks for partial exit from India's Stovekraft, Indigo Paints via IPO

Photo: DEALSTREETASIA

American venture capital firm Sequoia Capital, better known for its technology investments in India’s leading startups, is looking to sell part of its stakes in two of its non-tech, consumer-facing companies, Indigo Paints Ltd and Stovekraft Ltd, next month, said two people aware of the development, requesting anonymity.