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The investment firm claimed that it has closed commitments to the tune of $1.3 Bn for the three funds
Without disclosing the names of the LPs, Peak XV said that many of the investors backing the maiden funds are non-profit endowments and foundations
The fundraise comes days after three key partners, namely Ashish Agrawal, Ishaan Mittal and Tejeshwi Sharma, quit the VC giant to float their own investment firm
VC firm Peak XV has announced three maiden funds — India…
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The investment firm claimed that it has closed commitments to the tune of $1.3 Bn for the three funds
Without disclosing the names of the LPs, Peak XV said that many of the investors backing the maiden funds are non-profit endowments and foundations
The fundraise comes days after three key partners, namely Ashish Agrawal, Ishaan Mittal and Tejeshwi Sharma, quit the VC giant to float their own investment firm
VC firm Peak XV has announced three maiden funds — India…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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