Venture Intelligence (TSJ Media Pvt. Ltd.)
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Peak XV to launch anchor fund backed by fund partners, team members
Peak XV Partners, formerly Sequoia Capital India, is setting up a new vehicle backed by its internal pool of capital, which will allow the firm’s partners and senior leaders to take bets on a wider set of opportunities. The Peak XV Anchor Fund will be a significant investor in the venture capital funds floated by it.The fund is being set up as a permanent capital vehicle (PCV), to be set up outside India, which will allow the firm's partners to expand and invest across different regions, strategies and sectors. These include public market companies, venture funds in other regions and specialisations that do not compete with the firm’s current approach.Peak XV will commence investing through the new anchor fund in the third quarter of calendar year 2024.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.