Liquidity Events
Peak XV nets over 11x on exit from logistics co. Porter; Kae Capital too exits
Venture capital firm Peak XV Partners has realized over INR 1,200 crore after exiting its investment in The Porter, via the Bengaluru-based logistics company’s latest funding round (led by Kedaara Capital). Peak XV is reported to have made an over 11-fold return on investments of INR 116 crore (made across multiple rounds over the past decade).Another early investor in Porter, Kae Capital, has also exited as part of the new round.
While Kae Capital invested in Porter as part of the company’s Series A round in Apr-15, Peak XV , led the Series B round in June-15.
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