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$1.3B AI Commitment
Peak XV announces a strategic pivot, earmarking $1.3 billion for AI and deep tech investments.
AI Surge
Indian AI startup valuations reach record highs amid global generative AI boom.
Peak XV Rebrand
The India & SEA entity officially rebrands as Peak XV Partners, named after Mount Everest.
Sequoia Capital Split
Sequoia Capital announces the separation of its India/SEA, China, and US/Europe businesses.
Peak XV Partners, formerly Sequoia India, is deploying $1.3 billion primarily into artificial intelligence, signaling a major strategic pivot. This move comes amid intensifying competition from global venture capital firms vying for a share of India's rapidly maturing technology ecosystem.
Bengaluru-based wealthtech startup Stable Money has secured $25 million in a Pre-Series C funding round led by Peak XV Partners, valuing the company at $175 million. The capital injection will drive the platform's expansion into India's tier-2 markets as it scales its fixed-income investment offerings.