BANGALORE: Sequoia Capital India, a leading venture capital and growth equity investor, announced an investment of $7 million in Carzonrent India Pvt. Ltd., the exclusive long-term licensee of Hertz in India. Carzonrent is the market leader in the organised car rentals market in India through its Hertz branded services. With this investment it aims to expand its services to new cities, strengthen its existing offerings as well as enter into related businesses, says a release.