Sequoia Capital Rajan Anandan appointed as the new chairman of Venture Capital Council

Tags: Economy/Finance Person in news

Sequoia India Managing Director Rajan Anandan has been appointed as the chairman of the eight member VC Council for 2022-24 by the Indian Venture & Alternate Capital Association (IVCA), on 21 September 2022. 

IMPORTANT FACTS -

• The Indian Venture & Alternate Capital Association (IVCA) is apex body of the Venture fund and Alternate capital fund in India.
• The council was formed to strengthen governance practices for VCs and start-ups and continue working with government and its agencies to improve the environment for venture capital in India.
• The Venture Capital and Alternate Investment Fund is regulated by Securities Exchange Board of India (SEBI).