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Sequoia exits GVK Biosciences with modest returns

By Shruti Ambavat

  • 21 Dec 2015
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Sequoia exits GVK Biosciences with modest returns

Sequoia Capital has exited its eight-year-old investment in Hyderabad-based contract research and discovery services company GVK Biosciences by selling its entire stake to private equity firm ChrysCapital.Although there is no official communiqué on the deal, as per the approval note by the Foreign Investment Promotion Board (FIPB), the nodal government body ......

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