New Delhi, July 2 (TIWN) The Congress on Saturday demanded an appropriate apology from BJP on behalf of party leaders who shared a 'doctored' video clips of Congress leader Rahul Gandhi.

The firm is working on a new $1.5 billion US growth fund focused on more mature companies, reports The Information.  The investment firm is also planning "a $750 million fund focused on earlier-stage deals," and aims to close the new funds this month, the report mentioned, citing sources.  These funds are being called "sub-funds," launched after the firm overhauled the structure for its US and European business.  The new funds come as Sequoia Capital recently told founders that it was expecting a longer economic recovery. 

"With the cost of capital (both debt and equity) rising, the market is signalling a strong preference for companies who can generate cash today," according to the VC firm.  Last month, Sequoia India and Southeast Asia raised $2.85 billion across a set of funds, including a $2 billion early-stage, venture and growth fund for India and an $850 million Southeast Asian fund, to help founders build companies from idea to IPO and beyond.  "This fundraise, which comes at a time when markets are starting to cool after a very long bull run, signals our deep commitment to the region and the faith our Limited Partners have in the long-term growth story of India and Southeast Asia," the company had said in a statement.  Last year, India emerged as the third-largest startup ecosystem in the world, after the US and China. India currently has more than 100 unicorns.  In 2021, Indian startups raised $42 billion across 1,583 deals, resulting in 42 unicorns.  Southeast Asia, meanwhile, is on track to become a $1 trillion digital economy by 2030.