Peak XV Partners, the leading venture fund in India and Southeast Asia, has realized $1.2 billion in exits since its separation from Sequoia last year. The exits, a combination of public listings and private sales, underscore the firm’s growing prominence in the venture capital landscape post-rebranding. In the past year, Peak XV divested stakes in key companies like Zomato, Mamaearth, and Truecaller, which have gone public, and completed strategic deals for private firms such as K12 Techno, Pocket Aces, and PingSafe.
The firm’s recent successes align with the strength of India’s booming stock market, trading at record highs with a price-to-earnings ratio of 21 times—significantly higher than other emerging markets. Peak XV’s $500 million block trade in Five-Star Business Finance was among its most notable exits, signaling strong investor
confidence in India’s financial landscape. Since rebranding, Peak XV has expanded beyond India and Southeast Asia, managing $9 billion in assets and further solidifying its global influence.
With a portfolio of over 400 companies, including 50 unicorns, Peak XV has consistently supported early-stage startups through its Surge program, which competes directly with Y Combinator. The firm’s commitment to the region is evident in its recent launch of a perpetual fund, signaling long-term confidence and continued focus on India and Southeast Asia.
Key Highlights:
- Peak XV Partners has secured $1.2 billion in exits since splitting from Sequoia, driven by strong IPOs and strategic sales.
- The firm’s portfolio includes 50 unicorns and over 400 companies, 40 of which have surpassed $100 million in annual revenues.
- Peak XV’s expansion into the U.S. and its perpetual fund launch reflect its growing global ambitions and confidence in regional markets.