Peak XV Partners, ex-Sequoia Capital India, raised $1.3 billion across three new funds despite investor exits. The VC firm plans to deploy capital into artificial intelligence and consumer startups. Investments target India and Southeast Asia.
Key Points
- 1.$1.3B raised across three new funds.
- 2.Post-investor departures at ex-Sequoia India arm.
- 3.Focus on AI and consumer startups in India/SE Asia.
Impact Analysis
Injects major capital into AI startup ecosystem in high-growth Asia markets.