Peak XV Partners
AUM - $9 billion
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Peak XV Partners, formerly Sequoia Capital India & Southeast Asia, is a venture capital and growth investing firm focused on India and Southeast Asia. The name “Peak XV” refers to the British survey designation once used for Mount Everest before it was officially named.
Founded in 2006 as Sequoia’s India franchise, the firm has managed about $8-9 billion across 13 funds over its lifetime and backed more than 400 companies across India and Southeast Asia. Its portfolio spans fintech, SaaS, healthtech, consumer internet, enterprise technology and financial services. Several dozen portfolio companies have crossed $100 million in annual revenue, according to firm disclosures.
Peak XV operates primarily out of Bangalore, Mumbai and Singapore. Notable portfolio companies include Flipkart, Zomato, Policybazaar and Delhivery.
Sequoia Capital, which is headquartered in Menlo Park, California and was founded in 1972 by Don Valentine, formally separated its India and Southeast Asia business in 2023, leading to the creation of Peak XV Partners. Following the split, Sequoia exited direct investing in India.
