Why is it relevant that they are sequoia funded? This story is mostly India-centric, so it doesn't look like that has any bearing on what this is all about.
If anything it will at least assure that they'll have pockets deep enough to defend themselves.
Also, does a copyright violation warrant an arrest of the executives of a company?
When your Sequoia funded, you're held to a higher standard just b/c of the pedigree of the firm (at least in my perception). Also, big names in headlines garner more clicks.