Multi-stage VC, India + SEA (ex-Sequoia India)

Peak XV Partners

Venture capital firm · Bengaluru · Founded 2006

Quick read

Peak XV Partners is a multi-stage VC firm founded in 2006, headquartered in Bengaluru, India, spun out of Sequoia Capital India & SEA in 2023. It manages over $10 billion across 16 funds and has backed 450+ companies across India and Southeast Asia, with 36 portfolio IPOs as of December 2025. In February 2026 it closed a fresh $1.3 billion across three new funds, doubling down on AI, fintech, and consumer while navigating the departure of three senior managing directors.

Key facts

Founded
2006
Employees
50-200
Sectors
generalist, fintech, ai, consumer, saas
Website
www.peakxv.com

Investment thesis

Peak XV backs outlier founders from seed through growth across India and Southeast Asia, with concentrated focus on AI, fintech, and consumer internet. The firm targets category-defining companies capable of reaching significant scale, deploying capital across early-stage seed funds and a separate APAC vehicle.

Recent activity

  • Feb 2026fundraise
    Peak XV raised a $1.3 billion fund, closing it despite LP concerns triggered by the simultaneous departure of three senior partners. Managing Director Shailendra Singh and other senior partners made a special trip to New York to reassure LPs and keep the raise on track. newcomer.co
  • Feb 2026leadership
    Senior partner Ashish Agrawal (13+ years at the firm), partner Ishaan Mittal (9+ years), and partner Tejeshwi Sharma (7+ years) all exited Peak XV. MD Shailendra Singh described the departures as stemming from an internal disagreement and a mutual decision to part ways. The firm said the exits would make room for AI-native investors as it moves in an AI-first direction. Agrawal, Mittal, and Sharma announced plans to launch a new VC firm together. techcrunch.com
  • Feb 2026press
    Reporting from Newcomer cited seven current and former investors describing the departures as rooted in a dispute over power and profit-share arrangements. Singh scrambled to reassure LPs after the exits became public. newcomer.co
  • May 2026investment
    Peak XV joined a $100 million Series C round for Primer, a global AI-enabled payments infrastructure startup, alongside lead investor Sofina. The round will fund US expansion and AI investment. economictimes.indiatimes.com
  • May 2026investment
    Peak XV participated in a $125 million Series B round for Exaforce, a cybersecurity company whose real-time security knowledge graph targets threat detection in healthcare and finance. zoominfo.com
  • Aug 2026investment
    Peak XV's Surge program led a pre-Series A round of ₹36 crore in Superleap, an early-stage startup, as of August 2026. The firm has made 61 investments in 2026 to date, against 84 in all of 2025. tracxn.com
  • Aug 2026investment
    Peak XV's most recent investment was on 10 August 2026 in Discovered Materials, a business and productivity software company, per PitchBook. pitchbook.com
  • Jun 2026investment
    Peak XV backed ApnaMart in its latest round, the firm's most recent investment per PitchBook, closing 30 Jun 2026. pitchbook.com
  • Jun 2026investment
    Ethereal Machines closed a $28.5M Series B with Peak XV Partners and Avataar Ventures participating. tracxn.com
  • Jun 2026investment
    Hoola Health raised $5M in a round led by Peak XV's Surge program, with W Health Ventures and Avataar Ventures also participating. tracxn.com
  • Jun 2026investment
    Supabase closed a $500M Series F. Peak XV Partners was among the investors alongside Coatue and Craft Ventures. tracxn.com
  • May 2026investment
    Peak XV joined a $100M fundraise for global payments infrastructure company Primer, backing the firm's AI investments and US expansion. economictimes.indiatimes.com

Notable investments

Key people

Named individuals at the firm. We don't expose direct email or phone — use their LinkedIn for outreach.

  • Shailendra Singh · Managing Director
  • Kaustubh Mundra · Investor (Early Stage)
    LinkedIn
  • GV Ravishankar · Managing Director
  • Mohit Bhatnagar · Managing Director
  • Abhishek Mohan · Partner
  • Piyush Gupta · Partner

Sources

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Frequently asked

What is Peak XV Partners?+

Peak XV Partners is a multi-stage VC firm founded in 2006, headquartered in Bengaluru, India, spun out of Sequoia Capital India & SEA in 2023. It manages over $10 billion across 16 funds and has backed 450+ companies across India and Southeast Asia, with 36 portfolio IPOs as of December 2025.

Where is Peak XV Partners headquartered?+

Peak XV Partners is headquartered in Bengaluru, India.

When was Peak XV Partners founded?+

Peak XV Partners was founded in 2006.

What sectors does Peak XV Partners invest in?+

Peak XV Partners focuses on generalist, fintech, ai, consumer, saas. They primarily invest in these sectors.

How do I prepare for a meeting with Peak XV Partners?+

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Generated by briefthecall.com from public web sources. Last updated August 12, 2026. Each claim is linked to its source above.

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