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Groupon Secures Venture Capital Investment from Sequoia India for its India Business

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CHICAGO--(BUSINESS WIRE)--Groupon, Inc. (NASDAQ:GRPN) announced that private equity firm, Sequoia, has agreed to invest in Groupon India. Groupon will remain a significant shareholder. “The potential of the Indian market is huge -- our decision to bring in Sequoia is expected to provide the additional resources our India business needs to grow and become a true local commerce leader,” said Groupon CEO Eric Lefkofsky. "We look forward to watching the business grow and evolve as a continued share

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