India Tech 🇮🇳 AI NewsPeak XV Partners has raised .3 billion for its first independent India fund following the split from Sequoia Capital. The new vehicle, ninth for the firm since 2006, will be almost half the size of its previous fund. The investment firm has backed Zomato, Meesho, Groww and Razorpay, with nearly 0 billion raised across funds since 2006. https://economictimes.indiatimes.com/tech/funding/peak-xv-partners-raises-1-3-billion-for-first-independent-india-fund-after-sequoia-split/articleshow/128613631.cms #India #Tech #News #PeakXV #VC
Peak XV Partners raises $1.3 billion for first independent India fund post Sequoia split
The new vehicle – ninth for the outfit since its launch in 2006 in India – will be almost half the size of its previous fund despite its resizing. The investment firm, which has backed the likes of Zomato, Meesho, Groww and Razorpay, has raised nearly $10 billion in capital across funds since 2006.