Peak XV Partners has closed $1.3 billion across three new funds—India Seed, India Venture, and APAC—marking one of the largest capital raises in the region. With a sharpened focus on AI, fintech, and consumer sectors, the firm aims to back exceptional founders and category-defining companies across multiple stages.
Peak XV Partners has announced the successful close of $1.3 billion in capital commitments across three new funds, reinforcing its position as a leading venture capital player in India and Asia-Pacific. The funds include India Seed, India Venture, and an APAC-focused vehicle, designed to support startups from early to growth stages.
Key highlights
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Peak XV now manages over $10 billion in assets, strengthening its regional footprint
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Majority of the new capital is earmarked for India, with deployment planned over the next two to three years
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Focus areas include artificial intelligence, fintech, and consumer technology, reflecting evolving market demand
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The firm continues to attract strong backing from global limited partners, including non-profit endowments and foundations
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Despite recent leadership exits, Peak XV remains committed to nurturing outlier founders and building category-defining companies
This announcement underscores the intensifying competition in India’s venture capital landscape, with Peak XV doubling down on innovation-led sectors to capture long-term growth opportunities.
Sources: Peak XV Partners, Moneycontrol, TechCrunch