Peak XV Partners, which split from Silicon Valley’s marquee venture capital firm Sequoia Capital in 2023, has raised its first independent fund with a $1.3-billion corpus. This will be deployed through three separate vehicles — two focussed on seed and early-stage bets in India, and a dedicated pool targeting startups across the Asia Pacific region.
“Along with significant uninvested capital in our existing growth fund, we are excited about our ability to back outlier founders building category defining companies, across multiple stages, as we…
