
Peak XV Partners
Description
Peak XV Partners emerged in June 2023 as the rebranded entity of Sequoia Capital India & Southeast Asia, marking a significant strategic move to establish an independent identity for its operations in these key emerging markets. This separation from the global Sequoia brand allows Peak XV to tailor its investment strategies and focus more acutely on the unique dynamics and opportunities within India and Southeast Asia. The firm has rapidly cemented its position as one of the most prominent and influential venture capital firms in the region, leveraging a deep understanding of local ecosystems and a vast network.
The firm maintains a broad investment thesis, actively deploying capital across various sectors including consumer technology, SaaS, fintech, healthcare, and deep tech. Peak XV Partners invests across all stages of a company's lifecycle, from early-stage seed rounds through to large growth equity investments. A cornerstone of their early-stage engagement is Surge, their highly selective accelerator program that provides capital, mentorship, and operational support to promising startups in India and Southeast Asia. Surge typically invests an initial check of around $1 million to $3 million, fostering innovation from the ground up.
With a formidable financial backing, Peak XV Partners announced a combined fund size of $2.85 billion in 2022, allocated across dedicated funds for early-stage and growth investments in both India and Southeast Asia. This substantial capital base enables the firm to make significant commitments, with typical first checks ranging from $1 million for early-stage ventures to upwards of $100 million for more mature, high-growth companies. Their portfolio includes numerous market leaders and unicorns, reflecting their track record of identifying and scaling disruptive businesses across the vibrant and rapidly expanding digital economies of the region.
Investor Profile
Peak XV Partners has backed more than 498 startups, with 48 new investments in the last 12 months alone. The firm has led 223 rounds, about 45% of its total and boasts 82 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Series B, Series C rounds (top funding stages).
- Majority of deals are located in India, United States, Singapore.
- Strong thematic focus on Financial Services, Software, FinTech.
- Led 21 rounds in the past year.
- Typical check size: $1M – $100M.
Stage Focus
- Series A (22%)
- Series B (21%)
- Series C (16%)
- Seed (15%)
- Series D (9%)
- Series Unknown (6%)
- Series E (4%)
- Pre Seed (2%)
- Series F (2%)
- Private Equity (1%)
Country Focus
- India (57%)
- United States (19%)
- Singapore (10%)
- Indonesia (6%)
- Australia (1%)
- Saudi Arabia (1%)
- United Arab Emirates (1%)
- Hong Kong (1%)
- Vietnam (1%)
- United Kingdom (1%)
Industry Focus
- Financial Services
- Software
- Fintech
- E-commerce
- Saas
- Finance
- Information Technology
- Artificial Intelligence (Ai)
- Apps
- Internet
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