Peak XV to raise $1.2 B new fund, its first since Sequoia split
Peak XV Partners is set to raise its first independent fund with a target corpus of USD 1.2-1.4 billion. The new fund will focus on investing in early-stage ventures across India and Southeast Asia.The latest fundraising marks a crucial phase for Peak XV, which is trying to establish itself as a standalone identity after the spin-off from US-based Sequoia Capital in June 2023.
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