Peak XV Partners
Peak XV Partners is a global multi-stage venture capital firm (spun off from Sequoia Capital in 2023) that invests across seed, venture, and growth stages in India, Southeast Asia, the UAE, and the US, serving 400+ portfolio companies with deep operator and founder-support resources.
- Company typePrivate
- Founded2006
- HeadquartersBengaluru, India
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Peak XV Partners does
Peak XV Partners is a global venture capital and growth equity firm that invests across seed, venture, and growth stages from offices in Bengaluru, Singapore, Dubai (UAE), and the United States. The firm originated as Sequoia Capital's India and Southeast Asia franchise (operating since 2006 under the Sequoia India brand) and was separated and rebranded as Peak XV Partners in 2023. Its portfolio exceeds 400 companies spanning consumer internet, fintech, SaaS, deeptech, semiconductors, healthcare, and biotech, with notable names including CRED, Groww, Razorpay, Meesho, Pine Labs, Mamaearth, Eternal, Supabase, PostHog, Sarvam AI, and Helion.
The firm operates three integrated vehicles: a flagship multi-stage venture and growth fund, the Surge cohort-based seed program (with allocation of approximately US$225 million and maximum cheques recently raised from US$3M to US$5M per company), and a US-focused AI investment effort anchored by a Bay Area office. It has functional Operating Partners and senior leaders in legal, finance, communications, human capital, capital formation, data science, and IT, supporting portfolio companies across geographies. Core "technology" is non-proprietary; Peak XV operates as a capital-and-platform business rather than a software product company.
Peak XV earns revenue through management fees on assets under management across multiple funds and carried interest on profitable exits, supplemented by secondary-market block-deal share sales in listed portfolio companies. Recent exit activity — approximately ₹18,000 crore (~US$2.16 billion) of post-IPO realizations across Groww, Meesho, Pine Labs, Turtlemint, Go Digit, Ather Energy, Lenskart, and others within an eight-month window — demonstrates the liquidity engine. The firm serves founders from inception through IPO, alongside institutional limited partners globally, and competes as both an India-focused and increasingly US-active AI investor.
Peak XV Partners firmographics
Firmographics- Name
- Peak XV Partners
- Legal name
- Peak XV Partners
- Website
- https://www.peakxv.com
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Peak XV Partners is a global multi-stage venture capital firm (spun off from Sequoia Capital in 2023) that invests across seed, venture, and growth stages in India, Southeast Asia, the UAE, and the US, serving 400+ portfolio companies with deep operator and founder-support resources.
- Ownership category
- akta.pro rank
Peak XV Partners industry classification
Industry- Product category
- Venture Capital
- NAICS
- Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD)
Keywords
Where Peak XV Partners is headquartered
LocationHeadquarters
- HQ city
- Bengaluru
- HQ country
- India
- HQ region
- Asia
Offices4 records
Markets served
Peak XV Partners business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Investment Fund Management: Peak XV Partners manages multiple investment funds across Seed (Surge), Venture, and Growth stages, deploying capital in India, APAC, and the US. As a venture capital firm, it earns management fees on assets under management and carried interest on profitable exits, though specific fee structures are not publicly disclosed.
- Secondary Market Exits: Realizes returns via secondary block and bulk-deal share sales in listed portfolio companies (e.g., ₹100 crore block deal exit from Go Digit Insurance, ₹250-260 crore from Groww promoter group sale, ~₹18,000 crore collective post-IPO exits across portfolio).
Go-to-market motion3 records
Distribution channels5 records
Marketing channels8 records
Peak XV Partners product offering
Product offeringCore offering
Peak XV Partners is a multi-stage global venture capital firm that deploys institutional capital across Seed (via its Surge cohort program), Venture, and Growth stages to technology, consumer, and healthcare startups in India, Southeast Asia, and the United States. The firm earns returns through management fees on assets under management and carried interest on successful portfolio exits, supported by operating partners, talent, and functional teams across four regional offices.
Product overview
Peak XV Partners operates as a unified venture capital platform offering investment products across multiple stages and geographies, structured around three core offerings: (1) the main Peak XV Partners firm providing seed, venture, and growth-stage capital across India, APAC, and the US; (2) Surge, the dedicated seed-stage cohort investing platform; and (3) the Peak XV portfolio of 400+ companies including flagship names such as CRED, Groww, Razorpay, Pine Labs, Meesho, Mamaearth, Supabase, PostHog, and Sarvam. The firm maintains regional teams (India, APAC, US) and functional roles (Seed, Venture, Growth) within a single integrated platform, supported by an Operators team handling finance, legal, communications, human capital, and technology functions.
Differentiator
Problem solved
Functional benefit
Brands
- Surge: Peak XV's seed-stage cohort-based investing program for early-stage startups.
Products and services
- Peak XV Partners Core Venture Capital Fund Multi-stage venture capital and growth equity fund providing Seed (via Surge), Venture, and Growth-stage capital to startups in India, APAC, and the US. Supports portfolio companies from inception through IPO with capital, strategic guidance, and global network access.
- Surge Seed-Investing Program
Companies that use Peak XV Partners
Customer profileNamed customers34 records
Segments6 records
Ideal customer profiles4 records
Peak XV Partners technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Peak XV Partners partnerships and signals
Strategic signalScale indicators11 records
Recent moves6 records
Expansion highlights5 records
Peak XV Partners competitors and assessment
Company assessmentBroad incumbents
- Sequoia Capital: Global venture capital firm from which Peak XV was spun out in 2023. Most directly comparable in stage coverage (seed/growth), geography (US/Asia), and brand equity; Peak XV competes with and complements the broader Sequoia franchise on US deals.
- Andreessen Horowitz (a16z): US-based multi-stage VC with broad sector exposure including AI, consumer, fintech, and crypto. Competes with Peak XV for elite US AI allocations (e.g., co-investor alongside a16z Speedrun on Clouted seed) and offers a comparable operating-partner infrastructure model.
- Tiger Global Management: Late-stage growth investor historically active in Indian tech. Comparable in mega-round participation and consumer-internet/fintech focus, though more capital-driven and less founder-embedded than Peak XV's relationship model.
- SoftBank Vision Fund: Mega-cap tech investor with significant India and global exposure. Competes with Peak XV on growth-stage allocation size in Indian consumer and fintech names; differentiated by cheque-size scale and longer holding periods.
Direct peers
- Accel: US/India/EU venture firm with deep India presence and long-standing relationship-driven model. Co-investor alongside Peak XV in multiple Indian rounds (FirstClub Series B, Primer Series C) and operates a similar multi-stage, founder-first approach.
- Lightspeed Venture Partners: Multi-stage global VC with India, US, and Europe operations. Comparable stage coverage and sector breadth, with overlapping portfolio categories (SaaS, consumer, fintech); competes with Peak XV on cross-border growth rounds.
- Bessemer Venture Partners: Multi-stage global VC with deep India presence and cloud/SaaS expertise. Co-investor alongside Peak XV in Sarvam AI Series B; similar founder-led thesis with comparable India + US deal flow.
- Elevation Capital: India-focused venture firm (formerly SAIF Partners) investing across consumer and fintech. Direct comparable on India-centric consumer/fintech thesis; co-investor alongside Peak XV in AppsForBharat round.
- Matrix Partners India: India-focused multi-stage VC with strong consumer, fintech, and SaaS franchises. Direct comparable on India venture-stage mandate; competes with Peak XV for Series A/B founders in the same sectors.
- Z47 (formerly Ziling Capital): India-headquartered early-to-growth-stage VC (previously Ziling Capital). Direct comparable on India-centric venture thesis; recent senior-partner churn (e.g., Tarun Davda departure) mirrors the broader Indian VC churn affecting Peak XV.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Peak XV Partners social profiles
Digital presencePeak XV Partners financial estimates
Financial estimateRevenue estimate
Valuation estimate
Peak XV Partners leadership team
Management profileNumber of profiles
Profiles14 records
Peak XV Partners subsidiaries and ownership
Company hierarchySubsidiaries1 record
Peak XV Partners funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Peak XV Partners M&A and investment
M&A and investmentM&A2 records
Investments921 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Peak XV Partners
What does Peak XV Partners do?
Peak XV Partners is a multi-stage global venture capital firm that deploys institutional capital across Seed (via its Surge cohort program), Venture, and Growth stages to technology, consumer, and healthcare startups in India, Southeast Asia, and the United States. The firm earns returns through management fees on assets under management and carried interest on successful portfolio exits, supported by operating partners, talent, and functional teams across four regional offices.
Is Peak XV Partners a public or private company?
Peak XV Partners is a private company. It is classified as management employee owned and is currently operating.
When was Peak XV Partners founded?
Peak XV Partners was founded in 2006. It employs 101 to 250 people.
Where is Peak XV Partners based?
Peak XV Partners is headquartered in Bengaluru, India, in the Asia region.
How does Peak XV Partners make money?
Two revenue lines are on record. Investment Fund Management is the primary driver. The others are secondary Market Exits.
Who are Peak XV Partners's main competitors?
Broad incumbents on record are Sequoia Capital, Andreessen Horowitz (a16z), Tiger Global Management and SoftBank Vision Fund. Direct peers are Accel, Lightspeed Venture Partners, Bessemer Venture Partners, Elevation Capital, Matrix Partners India and Z47 (formerly Ziling Capital).
Does Peak XV Partners have an API?
No public API is recorded for Peak XV Partners.
What industry is Peak XV Partners in?
Peak XV Partners's product category is Venture Capital. Its primary akta.pro industry code is FSANAAAD, Sector-Focused Venture Capital (Vertical Specialists). Its NAICS code is 523940 and its SIC code is 6282.