Fund News

Peak XV to raise $1.2 B new fund, its first since Sequoia split

Economic Times  

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.

Want to receive such news items in your inbox? Click Here to sign up for a trial.

2021 © TSJ Media Pvt Ltd. All rights reserved.