| Date | Title | Description |
| 13.09.2024 | Peak XV, others divest stake worth Rs 1,600 Cr in MamaEarth’s parent | Peak XV (formerly Sequoia Capital), along with Stellaris Ventures, Sofina Ventures, and Fireside Ventures, collectively sold shares worth Rs 1,600 crore ($190 million) in Honasa Consumer Limited, the parent company of the direct to consumer... |
| 13.09.2024 | ICICI Prudential Life Insurance Increases Its Stake In Honasa To 5.48% | SUMMARY
ICICI Prudential Life Insurance Company said its stake in Honasa increased following acquisition of an additional 46.91 Lakh shares
ICICI Prudential held a 4.03% stake in Honasa before the latest acquisition of shares, while its sta... |
| 13.09.2024 | How Peak XV's score from Mamaearth swings between an average harvest and 20x return | Pro
Venture capital firm Peak XV Partners has cut its stake in direct-to-consumer beauty and personal care brand Mamaearth with two of its investment entities generating contrasting returns on their bets. Peak XV, which was previously known... |
| 06.09.2024 | PayGlocal gets RBI nod as online payment aggregator | PayGlocal, a leading cross-border payment solutions provider, has received final authorisation from RBI to operate as an online payment aggregator.
The company will offer a comprehensive suite of payment solutions that cater to a diverse ra... |
| 06.09.2024 | povo2.0, Japan's favourite digital telco, achieves highest user engagement and customer satisfaction rates with Circles' SaaS technology | Following high customer satisfaction ratings, KDDI Digital Life's povo2.0 redefines the future of connectivity and digital transformation with 30% increase in user engagement and an 8% ARPU uplift
SINGAPORE, Sept. 6, 2024 /PRNewswire/ -- Ci... |
| 06.09.2024 | How Peak XV turned $25 mn bet on a non-tech company to over $300 mn exit | Pro
(L-R) GV Ravishankar and Sakshi Chopra, managing partners - growth stage, Peak XV Partners
Venture capital firm Peak XV Partners, fresh from the success of seeing the valuation of its portfolio company Awfis double within three months o... |
| 03.09.2024 | CarDekho backs fleet management services company Carrum | Credit: VCCircle
Automobile marketplace CarDekho has invested an undisclosed amount in fleet management services company Carrum, founded by Revv's former co-founder Karan Jain, it said in a statement on Tuesday.
The latest deal adds fleet m... |
| 28.08.2024 | The Dance of Innovation: Chang’an and Huawei’s Strategic Partnership | In the fast-paced world of automotive technology, alliances can be as crucial as the vehicles themselves. Chang’an Automobile’s recent investment in Huawei’s subsidiary, Yinwang, exemplifies this dynamic. The deal, valued at RMB 11.5 billio... |
| 28.08.2024 | The Future of FinTech in India: Global FinTech Fest Outcome In a recent discussion at the Global FinTech Festival, Shailendra Singh, Dilip Asbe and Amrish Rau, comprehensively take on the dynamic worl... | In a recent discussion at the Global FinTech Festival, Shailendra Singh MD of Peak XV Ventures offered a comprehensive take on the dynamic world of FinTech, setting the stage for a broader conversation on the sector's future. Singh categori... |
| 28.08.2024 | AI Can Transform Fintech Sector But Is Not Being Used Enough: Peak XV’s Shailendra Singh | SUMMARY
Peak XV Partners managing director Shailendra Singh believes that there is a dearth of use of artificial intelligence (AI) in India’s burgeoning fintech sector
CRED founder and CEO Kunal Shah observed that AI to grow in fintech, we ... |
| 27.08.2024 | General Atlantic, Prosus ask Supreme Court to hear their concerns in Byju's insolvency | Byju's founder Byju Raveendran | Credit: Reuters
Foreign investors in Indian education technology company Byju's, including General Atlantic, have urged the country's Supreme Court to hear their concerns as judges decide on the future of th... |
| 26.08.2024 | Deals in brief: Earth VC invests in Aalo Atomics, Sarana AI secures pre-seed funding, five China deals, and more | Earth Venture Capital invests in Aalo Atomics’ USD 27 million Series A round
Earth Venture Capital (Earth VC), a climate tech venture capital firm based in Vietnam, has invested in the USD 27 million Series A funding round of Aalo Atomics. ... |
| 23.08.2024 | The Surge of Online Lending and D2C Brands: A New Era of Growth | In the bustling world of startups, two companies have recently made headlines with significant funding rounds. Axio, an online lending platform, and Uppercase, a direct-to-consumer (D2C) luggage brand, are carving their paths in their respe... |
| 23.08.2024 | axio raises $20 Mn from Amazon Smbhav Venture Fund | Update: Online lending platform axio (formerly Capital Float) has raised $20 million from Amazon Smbhav Venture Fund.
The funds will be used to support further growth, including scaling lending operations, expanding use cases of checkout fi... |
| 23.08.2024 | Luggage brand Uppercase raised $9 M Series B funding from Accel | Venture capital firm Accel led a $9 million Series B round for D2C luggage brand Uppercase (Acefour Accessories).
According to Uppercase, it raised the new round at a $60 million post-money valuation. The company completed a $7 million Pre-... |
| 22.08.2024 | Livpure's Bold Leap: A New Era in Home Solutions | Livpure is making waves. The water purifier and air conditioner manufacturer has just secured a hefty Rs 233 crore (approximately $28 million) in funding. This financial boost comes from M&G Investments and Ncubate Capital Partners. It’... |
| 22.08.2024 | Bluestone Snags INR 900 Cr From Peak XV, Prosus, Others In Pre-IPO Funding | SUMMARY
The pre-IPO round saw participation from Peak XV Partners, Prosus, Steadview Capital, Think Investments and Pratithi Investments through a primary and secondary share sale
As per ET, of the total funding round, INR 600 Cr is in prim... |
| 21.08.2024 | Livpure raises $28 Mn from M&G Investments and Ncubate Capital | Water purifiers and air conditioners manufacturer Livpure has scooped up Rs 208 crore ($25 million) in funding from M&G Investments through its Catalyst investment strategy, and around Rs 25 crore ($3 million) from Ncubate Capital Partn... |
| 14.08.2024 | LingoAce Celebrates Year 7 Milestone: 400,000 Young Learners Worldwide | From Languages to Math and Music, LingoAce is Cultivating a New Generation of Global Citizens
SINGAPORE, Aug. 14, 2024 /PRNewswire/ -- LingoAce, the global leader in online education for children with award-winning learning programs in Mand... |
| 12.08.2024 | MUFG expands India BFSI basket with investment in Neo Group | Nitin Jain, founder, Neo
Japanese banking major MUFG has increased its India BFSI play through participation in funding round in wealth and asset manager Neo Group that counts Peak XV among its investors. This comes close on the heels of th... |
| 12.08.2024 | ZETWERK appoints Vinod Dasari to its Board of Directors | Contract manufacturing major ZETWERK announced the appointment of Vinod Kumar Dasari to its board of directors. The appointment dated 1 July will see Dasari providing strategic guidance as ZETWERK enters key sectors such as Consumer Electro... |
| 06.08.2024 | Jupiter supported by Peak XV expands ESOP pool | The employee stock option plan (ESOP) pool at Neobanking platform Jupiter has been increased by Rs 40 crore, or almost $5 million. By doing this, the company has joined a growing group of late-stage and growth businesses that have increased... |
| 03.08.2024 | The Hydrogen Revolution: Pedaling Towards a Greener Future | Hydrogen is the invisible hero of the energy landscape. It’s the light at the end of the tunnel, promising a cleaner, sustainable future. The recent unveiling of Seeex Tech’s hydrogen-powered bicycle is a testament to this promise. This bik... |
| 01.08.2024 | Deals in brief: Slice snags USD 17.5 million, Dubai-based National Pulse invests in Aleta Planet, Japan’s Otsuka Pharma to acquire Jnana Therapeutics, and more | Slice snags USD 17.5 million in equity and debt round
Slice, a fintech startup specializing in travel payments, has raised USD 17.5 million in a combined equity and debt funding round. The equity investment of USD 7.5 million was spearheade... |
| 31.07.2024 | Fintech BharatPe received $10 M non-convertible debt from Trifecta, InnoVen | The fintech company BharatPe has issued non-convertible debentures to raise Rs 85 crore, or roughly $10 million, in debt. This represents the company’s second debt infusion in 2024, backed by Peak XV and Coatue.
According to BharatPe’s regu... |
| 30.07.2024 | Leap Finance in discussions to raise $100 M, to be valued at over $1 Bn | Two sources aware of the development claim that Leap Finance, a fintech platform for Indian students seeking higher education abroad, is in discussions to raise between $70 and $100 million in a new funding round. After its Series D round l... |
| 29.07.2024 | Debunking myths of funding winter with Antler’s Jussi Salovaara | Paid Content PartnershipsStartupsTrends
Jonathan Chew · 1d ago · 7 min readDebunking myths of funding winter with Antler’s Jussi Salovaara
In partnership with
For those of us in the tech industry, it might seem like the sector is on the bri... |
| 28.07.2024 | The Evolution of TrackMania: From Nostalgia to Modern Modding | TrackMania is more than just a racing game; it’s a nostalgic journey through the evolution of gaming itself. Since its inception in 2003, it has captivated players with its unique approach to racing. Forget the flashy cars and sprawling cit... |
| 26.07.2024 | MPL’s Mayhem Studios receives undisclosed investment from Lumikai | The MPL (Mobile Premier League) has established Mayhem Studios, a mobile game development studio, with an undisclosed investment from Lumikai. Investors such as Peak XV Partners (formerly Sequoia India), Steadview Capital, Moore Strategic, ... |
| 23.07.2024 | Budget 2024: Startups get a boost as govt scraps angel tax | Finance Minister Nirmala Sitharaman on Tuesday proposed to abolish angel tax for investors in the Union Budget for 2024-25, addressing a long-pending demand from startups and their backers.
“To bolster the Indian startup eco-system, boost t... |
| 18.07.2024 | Peak XV-Backed Arta Finance Gets MAS License to Launch Wealth Platform | - |
| 09.07.2024 | BlackBuck DRHP: A Deeper Look Into The Logistics Unicorn’s Cap Table And C-Suite | SUMMARY
BlackBuck is backed by the likes of Accel India, Quickroutes, and Peak XV Partners
Accel India is the biggest shareholder of the startup, with 17.07% stake. Flipkart's subsidiary Quickroutes International holds 12.97% stake in the u... |
| 25.06.2024 | Omnichannel retailer Bluestone raised Rs 100 Cr debt from Neo Markets | Bluestone, an omnichannel retailer, has raised debt from Neo Markets totalling Rs 100 crore, or $12 million. For the Bengaluru-based business, this is its third debt investment of the year.
Based on its regulatory filings obtained from the ... |
| 13.06.2024 | Ethereal Machines Raises USD 13 Mn in Series A led by Peak XV and Steadview Capital With the raised funds, the Bengaluru-based startup aims to build a new smart factory in Bengaluru and hire AI and so... | Engineering hardware startup Ethereal Machines announced that it has raised USD 13 million in a Series A round led by Peak XV Partners and Steadview Capital. Existing investors Blume Ventures, Enam Investments, and Sandeep Singhal also part... |
| 08.06.2024 | Ixigo's Voyage to the Stock Market: A Journey of Growth and Opportunity | Le Travenues Technology Limited, the mastermind behind the popular travel booking platform Ixigo, is on the brink of a significant milestone as it prepares to make its debut on the stock exchanges on June 10th. The company has set the price... |
| 07.06.2024 | Ixigo floats Rs 176 Cr pre-IPO secondary placement | Le Travenues Technology Limited, which operates travel booking platform Ixigo, is all set to make its debut on stock exchanges on 10th June with the price band of Rs 88-93 per share.
The firm announced its pre-IPO secondary placement of Rs ... |
| 05.06.2024 | Ixigo Parent Le Travenues Announces IPO Opening Date and Details With holdings of 23.37 percent and 15.66 percent, respectively, SAIF Partners and Peak XV are the company's largest shareholders. | - |
| 31.05.2024 | Cloud kitchen brand Rebel Foods raised Rs 110 Cr Debt funding from Alteria, InnoVen | Rebel Foods, a cloud kitchen brand, has raised debt from Alteria and InnoVen Capital totalling Rs 110 crore ($13.2 million). Following its most recent equity round in 2021, EatSure’s parent company (formerly known as Faasos) is now on its f... |
| 24.05.2024 | New funding secured by UAE’s Huspy to develop SuperApp | With operations in Dubai, Abu Dhabi, and Madrid, Huspy is a property technology company based in the United Arab Emirates. The company recently announced that it has raised money in a funding round headed by Balderton Capital, with addition... |
| 23.05.2024 | Reliance’s Tira uses AI to enter growing Indian beauty market | Reliance Industries Ltd.’s new venture, Tira, is leaning on artificial intelligence tools that can suggest perfumes or cosmetics to woo customers and score over rivals in the burgeoning Indian beauty sector.
Tira, which was launched by bill... |
| 21.05.2024 | Housing provider Stanza Living raised $13 M Bridge funding from Alpha Wave | A bridge round led by Alpha Wave appears to have raised Rs 110 crore ($13 million) for managed housing provider Stanza Living. The Delhi-based startup has been waiting more than three years for this equity round.
According to Stanza Living’... |
| 15.05.2024 | Go Digit raises Rs 1,176 Cr from anchor investors | Go Digit General Insurance has offered Rs 1,176 crore ($141 million) worth of shares to anchor investors as part of its initial public offering.
The board at Go Digit General Insurance has passed a resolution to offer 4,32,57,009 equity sha... |
| 14.05.2024 | IPO-bound Indian insurtech firm Go Digit bags $141m | FintechInvestmentsNews
Elyssa Lopez · 16 May 2024 · 2 min readIPO-bound Indian insurtech firm Go Digit bags $141m
Go Digit chairman and founder Kamesh Goyal (left) with Fairfax Financial Holdings CEO Prem Watsa / Photo credit: Go Digit
Indi... |
| 10.05.2024 | Atlan's Ascendancy in the Data Governance Realm: A $105 Million Series C Funding Triumph | Atlan, a burgeoning data and AI governance startup, has recently clinched a monumental achievement in the form of a $105 million Series C funding round. Spearheaded by GIC and Meritech Capital, this funding infusion signifies a pivotal mome... |
| 08.05.2024 | Data & AI Governance Startup Atlan Raises $105M in Series C Funding Round | Emerging as a fast-growing force in data and AI governance, Atlan today announced a $105 million Series C funding round, led by GIC, Singapore’s sovereign wealth fund, along with co-investor Meritech Capital, early backers of disruptors lik... |
| 08.05.2024 | Emeritus Claims Top Spot on TIME Magazine's 'World's Top EdTech Companies of 2024' Ranking | Emeritus leads the way among edtech companies, standing out for its strong financial performance, global impact, and significant industry influence, as recognised by TIME Magazine
MUMBAI, India, May 8, 2024 /PRNewswire/ -- Emeritus, a globa... |
| 19.04.2024 | Fintech CRED secures in-principle approval for payment aggregator license | CRED has received the in-principle approval for payment aggregator license in a boost to the Indian fintech startup that could help it better serve its customers and launch new products and experiment with ideas faster.
The Bengaluru-headqu... |
| 09.04.2024 | Byju Raveendran's Fall from Grace: A Billionaire No More | Forbes Richest List 2024 revealed a shocking twist for Byju Raveendran, once a billionaire with a net worth of $2.1 billion, now reduced to zero. The edtech giant, Byju's, faced a series of crises leading to this downfall, including financi... |
| 04.04.2024 | Forbes list: Byju Raveendran no longer a billionaire, now has $0 net worth | Forbes Richest List 2024: A year ago, Byju Raveendran's net worth stood at Rs 17,545 crore ($2.1 billion), and he was prominently featured in various prestigious 'world's richest' lists. However, the recently released Forbes Billionaire Ind... |
| 01.04.2024 | Byju's delays salaries for 2nd month in a row amid rights issue dispute | Edtech major Byju’s is grappling with another setback as it faces delay in paying salaries to employees. The delay stems from funds raised through a recent rights issue, which have been locked in a ‘separate account’ due to the ongoing disp... |
| 14.03.2024 | Startups brace for funding surge in 2024, says report | ETtech
Scaled startups that raised large amounts in the boom period of 2020 and 2021 could come back to the market this year for new funding rounds, driving incremental growth for the venture capital investment activity in 2024 over 2023, a... |
| 14.03.2024 | Karnataka HC extends interim protection to Byju Raveendran till March 28 | The Karnataka High Court today extended the interim protection granted to edtech firm Byju’s till March 28, safeguarding founder Byju Raveendran against any potential ouster in an extraordinary general meeting (EGM) by investors.
On Februar... |
| 12.03.2024 | Peak XV to build evergreen fund supported by partners: source | InvestmentsNews
Lokesh Choudhary · 13 Mar 2024 · 2 min readPeak XV to build evergreen fund supported by partners: source
Peak XV’s Shailendra Singh on stage at Tech in Asia Conference 2023 / Photo credit: Tech in Asia
Peak XV, previously kn... |
| 12.03.2024 | Byju's shuts all regional offices, asks 15,000 employees to work from home | In yet another controversial move, cash-strapped edtech company Byju’s has given up all its regional sales offices across India, keeping only its headquarters at IBC, Knowledge Park, Bengaluru. The offices which have been given up could be ... |
| 26.02.2024 | Peak XV’s female-focused program picks 14 startups for new cohort | InvestmentsNewsStartups
Lokesh Choudhary · 26 Feb 2024 · 1 min readPeak XV’s female-focused program picks 14 startups for new cohort
Photo Credit: Peak XV
Peak XV‘s Spark Fellowship, a four-month program aimed at supporting early-stage star... |
| 15.12.2023 | Wish for tech winter to last longer: Peak XV’s Shailendra Singh | Premium Content
It takes our newsroom weeks - if not months - to investigate and produce stories for our premium content. You can’t find them anywhere else.
Miguel Cordon · 18 Dec 2023 · 4 min readWish for tech winter to last longer: Peak X... |
| 18.10.2023 | Surge picks 10 AI, deeptech startups for latest cohort | Artificial IntelligenceInvestmentsNewsStartups
Miguel Cordon · 2d ago · 1 min readSurge picks 10 AI, deeptech startups for latest cohort
Photo credit: Surge
Surge, Peak XV‘s program for early-stage startups, introduced its ninth cohort, whi... |
| 06.10.2023 | Peak XV joins $7.5m round of AI startup Aampe | Artificial IntelligenceInvestmentsNews
Gabriel Budi Sutrisno · 6 Oct 2023 · 2 min readPeak XV joins $7.5m round of AI startup Aampe
The Peak XV Partners team / Photo credit: Peak XV Partners
The latest bet of Peak XV Partners (formerly Sequ... |
| 17.08.2023 | SG's Peak XV Partners finalising up to $50m investment in India's Neo Group | Singapore-based Peak XV Partners is finalising an investment of up to $50 million in Neo Group, an asset management firm started by former Edelweiss executives. |
| 07.07.2023 | Sequoia’s Chinese unit to set up base in Singapore | InvestmentsNews
Miguel Cordon · 10 Jul 2023 · 2 min readSequoia’s Chinese unit to set up base in Singapore
Photo credit: Shutterstock
HongShan, the Chinese unit of Sequoia Capital, is setting up a base in Singapore to scout for opportunitie... |
| 28.06.2023 | Cyera raises $100M to expand data security platform for AI-driven enterprises | Join top executives in San Francisco on July 11-12, to hear how leaders are integrating and optimizing AI investments for success. Learn More
Cyera, a data security company, announced that it has secured a $100 million series B investment l... |
| 15.06.2023 | JustCall launches AI-driven platform to improve call center ops via sentiment analysis | Join top executives in San Francisco on July 11-12, to hear how leaders are integrating and optimizing AI investments for success. Learn More
JustCall by SaaSLabs, a contact center software provider backed by Sequoia Capital, today unveiled... |
| 07.06.2023 | Sequoia India and SEA Rebrands as Peak XV Partners Following Three-Way Split | Sequoia Capital (US/Europe), Sequoia China as well as Sequoia India and Southeast Asia have decided to become independent firms with distinct brands.
Since inception, Sequoia Capital (US/Europe), Sequoia China and Sequoia India/SEA have bee... |
| 06.06.2023 | Will greater local autonomy take Sequoia to new heights? | AnalysisInvestments
Miguel Cordon · 7 Jun 2023 · 3 min readWill greater local autonomy take Sequoia to new heights?
The Peak XV team / Photo credit: Peak XV Partners
Rachel Chitra contributed to this report.
In a surprise move, US-based Seq... |
| 03.06.2023 | Sequoia India and SEA rebrands as Peak XV Partners | InvestmentsNews
Miguel Cordon · 6 Jun 2023 · 2 min readSequoia India and SEA rebrands as Peak XV Partners
Photo credit: Shutterstock
Sequoia, one the world’s most prestigious VC firms, is splitting into three independent entities and plans ... |
