Peak XV Partners

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.

News and Trends

Piyush Gupta Launches Kenro Capital to Tap Growing Secondary Transactions Market

Gupta and seasoned investor Norbert Fernandes join forces to launch Kenro Capital, targeting India and Southeast Asia's expanding secondary transaction market with strategic investments in growth-stage companies.

News and Trends

Rural Lending Platform SarvaGram Secures USD 67 Mn to Expand Credit Offerings

The Series D funding was led by Peak XV Partners, with support from Elevar Equity, Elevation Capital, Temasek, and TVS Capital, reaching INR 950 crore total funding.

News and Trends

Razorpay Launches Venture Investment Programme to Support Early-Stage B2B Startups

Razorpay has launched the Razorpay Venture Investment Programme in partnership with Peak XV Partners and Lightspeed, investing up to USD 1 million per startup to support 10-15 early-stage startups annually.

News and Trends

Finova Capital Secures USD 135 Mn in Series E Funding to Expand MSME Financing

The newly secured capital will be directed toward expanding Finova's loan book, investing in technology, and enhancing its geographic footprint.

News and Trends

Peak XV Unveils Surge 10; $3M Seed Funding & Over $2M in Perks to Drive Innovation

Running from October 2024 to February 2025, the program combines in-person and online sessions, focusing on founder development, go-to-market strategies, and brand building.