Recently the news has come on social media platforms that A person called Amit Jain has made headlines when he chastised Yale for supporting Brett Kavanaugh’s nomination. Jain was quoted in a 2017 politico piece by Josh Gerstein. Today, Gerstein has published the draft SCOTUS opinion on Roe. This news went viral on social media and this news si gaining huge attention from the people. Many people are curious to know about this news. Here we have more information related to the news and we will share it with you in this article, so let’s starts the article.
Amit Jain the CEO of Sequoia Capital India, will go away to pursue entrepreneurship, the Blue-Chip venture capital firm has confirmed in a series of tweets on the microblogging site Twitter on Wednesday. In 2019 Jain connected Sequoia Capital India with global taxi company Uber as part of the growth stage venture capital firms’ investment business, based in Singapore. A graduate of the Indian Institute of Technology, Delhi, and Stanford University, Jain will resume serving as Sequoia India’s Enterepeneru -in-Residence while developing plans for his new venture.
Who is Amit Jain?
“Amit connected with us from Uber in 2019 and brings a world-class operator view to our investment team. He has given amazingly to so many startups, leading or co-leading growth rounds and delivering an impressive track record at scale company boards,” Sequoia India said in a statement on Twitter.
” Amit is making a startup with huge potential and belongs to an exciting field. He will be with us as an entrepreneur in residence for some time while he lays out the blueprint for his ambitious news ideas. We will miss him, but couldn’t be more excited about what is coming,” the venture capital firm added. Our culture is very entrepreneurial, making @ Sequoia_India fertile ground for future founders of the entire business.
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Before joining Sequoia, Jain was head of Asia Pacific at Uber. He is president of Rent.com, a Los Angeles-based home classified site, And worked at TPG Capital and McKinsey & Company. News of Jain’s ouster comes because Sequoia India is in talks to raise a $28 billion fund to grow its venture capital investments in India and Southeast Asia.
Over the past year, Sequoia Capital India promoted five of its senior executives to managing directors to expand its leadership. Ashish Agarwal and Harshjit Sethi from the venture capital team of the fund and Tejashwi Sharma, Ishaan Mittal, and Sakshi Chopra from the growth team have been promoted to the MD level. Stay tuned for more updates.
