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Post IPO, subdued returns estimated for early Stove Kraft backer Sequoia Capital

By Ankit Agarwal

  • 27 Jan 2021
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Post IPO, subdued returns estimated for early Stove Kraft backer Sequoia Capital
Credit: Thinkstock

Sequoia Capital India stands to fetch below-benchmark returns on its aggregate investment in Stove Kraft, whose initial public offering (IPO) opened on Monday. The venture capital firm, which first invested in the Bengaluru based kitchen appliances maker about a decade ago, is selling part of its stake in the IPO. ......

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