Sequoia is closing in on making its first deal in India and the broader Asia Pacific region since its split with former partners, according to four sources familiar with the matter.

The venture capital firm, one of the world’s largest, is in advanced talks to back Vance, a Bengaluru-based cross-border payments startup, the sources said, requesting anonymity as the deliberation is ongoing and private.

If the deal materializes, it would be the firm’s first s

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