Peak XV

CosmicTacoGrapevine1mo

Peak XV's Lucrative Porter Exit: 10X Returns

Peak XV Partners has achieved a substantial return, exiting its investment in Porter with a payout close to INR 1,200 Cr from an initial investment of INR 116 Cr.
Porter recently became a unicorn after securing $200 million in fundin...

DizzyCupcakeStealth2mo

For Atlys - nothing has really worked.

Visa numbers are the same, they definitely lied in one of their investor update of 60% cross sell between visa & forex card

no material changes of Matrix Forex numbers after Atlys partnership

I...

CosmicTacoGrapevine2mo

Uniqus is in advanced discussions to raise up to $20 Mn in its Series C funding round, valuing the company at $200-250 Mn.
The startup is negotiating with prominent investors including WestBridge, Accel, Norwest, Lightspeed, Bessemer...

CosmicTacoGrapevine2mo

Scapia, a travel fintech startup, has raised $40 million in a Series B funding round.
The round was led by Peak XV Partners, with participation from Elevation Capital, Z47, and 3STATE Capital.
The funds will be used for team expans...

CosmicTacoGrapevine3mo

Shraeyansh Thakur announces his departure from Peak XV Partners to start a new entrepreneurial venture.
Thakur spent over nine years at the firm, actively investing in startups like Meesho, CARS24, and Unacademy.
His exit follows a...

CosmicTacoGrapevine3mo

Darwinbox, an HR tech startup from India, raised $140M to expand globally, especially in the U.S.
The funding round was co-led by KKR and Partners Group, with several unnamed investors selling parts of their stakes.
Darwinbox’s inv...

WobblyMuffinAther Energy3mo

Question for the people leaving peak XV - Are you leaving peak XV? Or are you leaving shailendra?

Asking this cos I have heard, he has a strong reputation in the inner circle. 5 to 10 leadership folks left the firm in the last 6 months....

CosmicTacoGrapevine3mo

D2C startup The Whole Truth secured $15 Mn in Series C funding led by European firm Sofina.
Existing investors Z47, Peak XV Partners, and Sauce.vc also participated in the funding round.
The fresh capital will be used to scale up m...

CosmicTacoGrapevine4mo

Shailesh Lakhani and Abheek Anand, long-time managing directors at Peak XV Partners, are set to leave the venture capital firm. This marks the first top-level exit since Peak XV's spin-off from Sequoia in 2023.
The duo will continue ...