Venture Intelligence (TSJ Media Pvt. Ltd.)
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Sequoia cuts ties with Algo Legal citing ‘concerning incidents': report
Venture Capital firm Sequoia Capital India has sent a note to its portfolio companies saying it has stopped working with law firm Algo Legal post an investigation at one of its investee firms. Sequoia has told the companies that it has found “concerning incidents†involving Algo Legal and related parties. (Algo Legal is a law firm founded by former Sequoia Capital general counsel Sandeep Kapoor. He had worked at Sequoia for nearly nine years and left the fund in 2018.) A recent investigation at a Sequoia portfolio firm is reported to have brought up “concerning details†to light about the legal firm. Sequoia also advised founders that if Algo Legal or its related entities had any dealings with their companies they should inform AZB & Partners.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.