Peak XV has introduced the closing of $1.3 billion in new capital commitments across its India Seed, India Enterprise and APAC funds.
This additionally marks the VC agency’s maiden fund publish its break up from Sequoia Capital again in 2023. The agency additionally famous that it has ‘important uninvested capital’ from its current Development fund. It additionally famous that almost all of its restricted companions (LPs) are non-profit endowments and foundations.
“We’re immensely grateful for the steadfast dedication from our Restricted Companions. We recognise that each fundraise represents a accountability to each our LPs and to the founder ecosystem, and we stay deeply dedicated to serving them,” stated Shailendra Singh, Managing Director, Peak XV.
Peak XV will proceed to deal with its core sectors of AI, FinTech and Shopper, whereas additionally increasing investments in rising areas similar to DeepTech.
“That is a rare time for know-how innovation across India and APAC. The size of alternative, depth of expertise, and rising international ambition amongst founders make this one of the vital thrilling intervals we have now seen. We’re right here to associate with founders who mix imaginative and prescient, resilience and execution as they construct enduring corporations,” Singh added.
The fundraising comes after Peak XV has seen robust returns from a string of portfolio corporations lately listed on public bourses, together with Pine Labs and Groww.
In the meantime, the agency has been seeing a slew of exits amongst its top-level executives. Most lately, managing administrators Ashish Agrawal, Ishaan Mittal and Tejeshwi Sharma left the corporate to arrange their very own enterprise capital agency.
In 2025, managing administrators Abheek Anand and Shailesh Lakhani left the agency, adopted by Surge associate Pieter Kemps and managing director Harshjit Sethi.
Revealed on February 21, 2026
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