IPG Mediabrands buys Westbridge-backed digital agency Interactive Avenues

Sonam Gulati

IPG Mediabrands, the media holding company of the Interpublic Group of Companies, Inc., has bought the digital agency Interactive ....

6 March, 2013

Sumir Chadha On Sequoia Split, Public Market Focus & WestBridge Vision

Shrija Agrawal

For a veteran investor like Sumir Chadha, who has over a decade experience of investing into the Indian private equity markets, this spin out from Sequoia Capital to build a public markets investment firm from ground up was not a sudden move. "It was well thought out," says Chadha who is bringing Westbridge back into the game with a focus on public markets. Westbridge, founded in 2000, merged with Sequoia Capital in May 2006. The new Westbridge will bear a huge semblance to a hedge fund taking passive positions in public listed stocks.

19 February, 2011