New Delhi, Nov. 5 -- Global venture capital firm Sequoia Capital has restructured its operations, streamlined its investment teams and raised around USD 10 billion in new funds as part of a broader effort to sharpen its focus on selective investments and strengthen support for startups.

In an announcement on X, marking a year since its leadership transition, the firm said it had simplified its operating structure, discontinued its Arc accelerator and Scouts programmes, and streamlined its investment and operating teams.

It said the changes would allow it to concentrate resources on fewer activities and provide better support to the founders it backs.

"We are best at high-conviction, highly selective venture capital investing. This is o...