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Peak Xv Partners

All articles tagged with #peak xv partners

"Peak XV's Surge Program Launches AI-Dominated Cohort 9 with 13 Startups"
venture-capital2 years ago

"Peak XV's Surge Program Launches AI-Dominated Cohort 9 with 13 Startups"

Peak XV Partners' Surge program has unveiled its ninth cohort, with 10 out of 13 startups specializing in AI and deeptech sectors. The selection comes at a time when there is a perceived lack of depth in India's AI startup landscape, despite the growing global interest in the sector. The Surge program, which completes five years in early 2024, has become a highly influential early-stage investor in India and Southeast Asia, backing over 140 firms to date. The program offers seed funding of up to $3 million and access to extensive resources, setting it apart from other market offerings. The latest cohort also includes two Australian startups, as Peak XV actively evaluates opportunities in the country's software sector.

Sequoia Capital divides into three independent firms to navigate global tensions.
business2 years ago

Sequoia Capital divides into three independent firms to navigate global tensions.

Sequoia Capital is splitting into three entities, with Sequoia India and Southeast Asia becoming Peak XV Partners, Sequoia China becoming HongShan, and the U.S. and European business remaining as Sequoia Capital. The decision comes amid macroeconomic and geopolitical challenges that have made fundraising difficult and eaten into venture funds' returns. Sequoia Capital will move to separate its partnerships with contemporaries in India and China and become singular entities no later than March 31, 2024.