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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