Peak XV Partners

News and Trends

AppsForBharat Raises USD 20 Mn in Series C Round to Scale Sri Mandir Devotional Platform

The newly raised capital will be deployed to strengthen and scale temple partnerships in over 20 temple towns across India, including Varanasi, Ayodhya, Ujjain, and Haridwar.

News and Trends

Aukera Raises USD 15 Mn Funding to Expand Lab-Grown Diamond Retail Footprint

The funding round was led by Peak XV Partners, with continued backing from existing investors including Fireside Ventures, Sparrow Capital, Prath Ventures, and Alteria Capital.

News and Trends

Investor Watch: This Week's Most Notable Startup Deals (June 21–27)

Tracking the top deals that shaped the startup funding landscape this week.

News and Trends

E-Commerce Enabler GoKwik Secures USD 13 Mn Funding Led by RTP Global

The latest infusion takes the total equity raised by the startup to USD 68 million since its inception in 2020.

News and Trends

Flipkart, Accel, Peak XV Exit Stakes in BlackBuck in Post-IPO Bulk Deals

Ecommerce major Flipkart, through its subsidiary Quick Routes International, exited its entire 9.01% stake in BlackBuck, fetching INR 672 crore via two bulk deals. Flipkart had already sold 3.9 million shares during BlackBuck's public listing late last year.

News and Trends

Neo Asset Management Closes INR 2,000 Cr in First Close of Flagship Private Credit Fund NSCOF-II

NSCOF-II is designed to offer bespoke credit solutions to EBITDA-positive companies, with a focus on fully secured investments backed by 2-3x hard asset collateral and bearing regular interest coupons.

News and Trends

SigIQ.ai Raises USD 9.5 Mn Funding Co-Led by The House Fund and GSV Ventures to Power Personalised AI Tutoring

The California and Gurugram-based startup will use the capital to strengthen its AI models, grow its team, and scale its flagship tutoring platforms—PadhAI for UPSC aspirants and EverTutor for GRE preparation—across global and Indian markets.

News and Trends

Shraeyansh Thakur Resigns from Peak XV Partners After a Decade, Eyes New Venture

During his tenure, Thakur played a crucial role in investments and served as a board member and observer for prominent startups, including Atlys, Meesho, Cars24, Unacademy, and Zetwerk.

News and Trends

Peak XV Partners Sells 1% Stake in Freshworks for USD 51.5 Mn

The stake sale, conducted through multiple open market transactions between December 9 and January 28, involved 2.93 million shares priced between USD 17 and USD 19.10 per share.

News and Trends

Edtech Leader Leap Finance Raises USD 65 Mn in Series E Round Led by Apis Partners

The fresh capital will enable Leap to scale its operations, launch new products, and further enhance its AI-driven solutions for study-abroad aspirants.

News and Trends

Home Loan Platform Ambak Secures USD 7 Mn to Scale Technology and Expand Reach Across India

The round was led by Peak XV Partners, with participation from Advantedge VC, DeVC, and several angel investors.

News and Trends

Khosla Ventures and Z47 Lead USD 25 Mn Investment in B2B SaaS Startup Atomicwork

The round saw additional participation from Battery Ventures, Blume Ventures, and Peak XV Partners.

News and Trends

RapidCanvas Raises USD 16 Mn to Accelerate AI Innovation in Business Operations

The new capital will fuel the expansion of its innovative offerings and global reach.

News and Trends

K12 Techno Services Secures USD 40 Mn in Funding from Kenro Capital

The Bengaluru-based firm aims to expand aggressively, with plans to open 8–12 Orchids schools annually and onboard 100–150 schools under the Eduvate umbrella each year.

News and Trends

AI Feedback Platform Enterpret Raises USD 20.8 Mn in Series A Led by Canaan Partners

The raised funds will be deployed to continue scaling and to deploy no-code AI agents to help customers bridge divides between product, marketing, and sales teams, and even collect rich feedback.