Sequoia nabs Deutsche TMT banker

US venture capital firm Sequoia Capital hires a senior Deutsche Bank dealmaker, creating a new position for TMT specialist Piyush Gupta.

Piyush Gupta, most recently Deutsche Bank’s head of telecommunications, media and technology TMT in Southeast Asia and India, joined Sequoia Capital as head of strategic development on Monday.

He was given a newly-created position at the US venture capital firm, which is steadily expanding its business in Asia. Sequoia invests in Asia ex-China through its five India funds which despite the name offer limited partners, as VC fund investors are known, exposure to companies throughout the region.

These funds have invested in a range of Asian start-ups, including Southeast Asian property search company 99.co, Indonesian online marketplace Tokopedia, payments provider Prizm, analytics company Mu Sigma, and healthcare...

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