Sequoia backs Indian startup TutorVista

Sequoia Capital India is backing Bangalore-based online educational tutoring company TutorVista Global to the tune of an additional $3 million, according to The Economic Times. The investment is part of a second round of venture financing totaling $10.75 million; Sequoia capital India earlier this year invested $2 million. This latest round was led by Lightspeed Venture Partners, which is investing $7 million; Silicon Valley Bank also made a small investment. The company plans to use the cash for branding, marketing, and may also look to make acquisitions.