What is the total amount of new capital Peak XV has secured?

Peak XV has secured $1.3 billion in new capital commitments.

When did Peak XV separate from Sequoia Capital?

Peak XV separated from Sequoia Capital in 2023.

What are the main investment focus areas for Peak XV?

Peak XV will focus on AI, FinTech, Consumer, and DeepTech.

Home / Business and Economy / Peak XV Raises $1.3B Post-Sequoia Split

Peak XV Raises $1.3B Post-Sequoia Split

21 Feb

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Summary

Peak XV secured $1.3 billion in new capital commitments.
This marks the firm's first fund since splitting from Sequoia.
Investments will focus on AI, FinTech, Consumer, and DeepTech.

Venture capital firm Peak XV has announced the closure of $1.3 billion in new capital commitments across its India Seed, India Venture, and APAC funds. This marks the firm's maiden fundraise since its split from Sequoia Capital in 2023, demonstrating continued investor confidence. Peak XV highlighted that its limited partners are predominantly non-profit endowments and foundations.

The firm plans to concentrate its investments on core sectors including AI, FinTech, and Consumer, while also increasing its focus on emerging areas like DeepTech. This strategic allocation aligns with Peak XV's anticipation of significant technological innovation across India and the broader APAC region, seeking founders with vision and resilience.