Sequoia Capital’s former Asian arms are investing in a little-known startup that hunts and helps take down unauthorized sales listings of AI chips, drugs, games and luxury products.

Los Angeles-based Marq Vision Inc. raised $48 million in a Series B round led by Peak XV Partners, formerly Sequoia’s India and Southeast Asia business, with participation from HSG, formerly Sequoia China. Salesforce Ventures and Tokyo-based Coral Capital Inc. also participated alongside existing investors Y Combinator, Altos Ventures Management Inc. and Atinum Investment Co., lifting the total amount raised for the company to $90 million, according to a statement.

The five-year-old startup, which counts some LVMH Moet Hennessy Louis Vuitton SE brands among its customers, is opening an office in To

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