Scoop: Sequoia alumni’s Ambition Capital set to raise $250 million for early-stage investing

March 16, 2026

, By The Economic Times

Scoop: Sequoia alumni’s Ambition Capital set to raise 0 million for early-stage investing

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Former managing directors at Peak XV Partners (formerly, Sequoia Capital India), Shailesh Lakhani and Harshjit Sethi, have launched an early-stage fund Ambition Capital with a target of $250 million, according to people in the know. This latest initiative adds to the crop of a new generation of venture capital funds coming up locally.

Lakhani and Sethi have teamed up with Mayank Porwal, who left Peak XV Partners in 2023. “They have begun early discussions with potential limited partners ( LPs) who are likely to sponsors the fund. Their focus will…

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Scoop: Sequoia alumni’s Ambition Capital set to raise $250 million for early-stage investing

March 16, 2026

, Published By The Economic Times

Scoop: Sequoia alumni’s Ambition Capital set to raise 0 million for early-stage investing

Former managing directors at Peak XV Partners (formerly, Sequoia Capital India), Shailesh Lakhani and Harshjit Sethi, have launched an early-stage fund Ambition Capital with a target of $250 million, according to people in the know. This latest initiative adds to the crop of a new generation of venture capital funds coming up locally.

Lakhani and Sethi have teamed up with Mayank Porwal, who left Peak XV Partners in 2023. “They have begun early discussions with potential limited partners ( LPs) who are likely to sponsors the fund. Their focus will…

Disclaimer

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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Previous News

Next AI unicorns will come from India: Google AI Fund chief

Next News

Aave to Roll Out Aave Shield After $50M User Loss Incident

The Economic Times

More like this

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