Peak XV Partners has closed $1.3 billion in new capital commitments across its India Seed, India Venture and APAC funds, the venture capital firm said on Friday.
The fresh capital adds to the firm’s existing dry powder from its Growth fund, strengthening its ability to back companies from early stage through scale.
Peak XV said its global limited partners, including leading endowments and foundations, participated in the fundraise.
“We are immensely grateful for the steadfast commitment from our Limited Partners. We recognize that every fundraise represents a responsibility to both our LPs and to the founder ecosystem, and we remain deeply committed to serving them,” said Shailendra Singh, managing director at Peak XV Partners.
Formerly Sequoia Capital India and Southeast Asia, Peak XV now manages more than $10 billion in capital across 16 funds and has backed over 450 companies to date.
The firm said it will continue to prioritise its core sectors of AI, fintech and consumer, while expanding investments into emerging deeptech opportunities.
The announcement comes amid recent senior-level churn at the firm, with Ashish Agrawal, Ishaan Mittal and Tejeshwi Sharma exiting earlier this month.
Even so, 2025 marked a strong year for Peak XV, with five portfolio companies going public, including Meesho, Groww and Pine Labs.
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