Venture capital firm Peak XV has secured $1.3 billion for investments targeting startups and new-age companies in India and the Asia Pacific. With a continued focus on AI, fintech, and consumer sectors, the firm plans to extend into emerging fields like DeepTech, supporting innovative startups from inception to IPO.

Peak XV Raises $1.3 Billion for Dynamic Startups in India and APAC

Peak XV Secures $1.3 Billion Capital Commitment for Indian and APAC Startups

Peak XV, a renowned venture capital firm, has announced a significant milestone in its investment strategy, securing a $1.3 billion capital commitment for startups based in India and the Asia Pacific region.

The substantial funding will enable Peak XV to strengthen its core investment sectors, including AI, fintech, and consumer markets, while also exploring emerging fields like DeepTech.

Key Investment Sectors:

AI - Artificial Intelligence
Fintech - Financial Technology
Consumer Markets - Emerging Consumer-Sector Trends
DeepTech - Emerging Technologies like Quantum Computing and AI

The capital injection is part of Peak XV's broader strategy to partner with exceptional founders aiming to create category-defining companies across India, APAC, and beyond. The firm emphasizes its commitment to nurturing the founder ecosystem, recognizing its responsibility to both its Limited Partners (LPs) and the startups it backs.

"We are immensely grateful for the steadfast commitment from our Limited Partners," said Shailendra Singh, Managing Director of Peak XV. "Every fundraise represents a responsibility to our LPs and to the founder ecosystem, and we remain deeply committed to serving them."