Sequoia invests $20 million in...an Indian coffee company?

Sequoia Capital, the Silicon Valley venture capital firm that made its name investing in deep technology (Cisco, Apple, Google), has invested $20 million in an Indian coffee company, Amalgamated Bean Coffee Trading Company Ltd (branded as CoffeeDay).

Word comes from Sahad PV, the blogger at VC Circle who does an Indian equivalent of SiliconBeat.

So at Sequoia lately we have T-Shirts, and now coffee. And quite a mature large coffee company at that. We also have shoes, dolls for little girls, and weather. What are they drinking over their at Sequoia. Decaf? ;)

This does match what we've heard about investing in India, that is is still mostly late-stage.