Peak XV Partners has raised $1.3B to double down on India, with AI, fintech, consumer, and emerging deep tech as priority sectors over the next 2–3 years. Managing Director Shailendra J Singh emphasised that India will remain the firm’s core focus as competition for AI-native startups intensifies.
The raise coincides with the AI Impact Summit in New Delhi, where global players like OpenAI, Anthropic, Google, and General Catalyst spotlighted India’s AI momentum.
Following its split from Sequoia Capital, Peak XV is prioritising returns, cross-border U.S.–India opportunities, and backing AI-native founders over simply scaling fund size.
Strategically, this signals a maturity shift: capital discipline meets high-conviction AI investing.
Overall, India’s AI ecosystem is becoming a global VC battleground and Peak XV is arming itself for a long-term capital war.
