Peak XV Raises USD 1.3 Bn Across New India and APAC Funds

Venture capital firm Peak XV Partners has announced the closing of USD 1.3 billion in fresh capital commitments across three new funds focused on India and the Asia-Pacific region.

The new capital has been raised through the firm’s India Seed, India Venture, and APAC funds. Along with uninvested capital from its existing Growth fund, the firm plans to support founders from the earliest stages of company formation through long-term scaling and public listings.

The latest fundraising reflects continued backing from global Limited Partners, including leading endowments and foundations, highlighting long-term confidence in innovation and entrepreneurship across India and APAC.

“We are immensely grateful for the steadfast commitment from our Limited Partners. We recognise that every fundraise represents a responsibility to both our LPs and to the founder ecosystem, and we remain deeply committed to serving them,” said Shailendra Singh, Managing Director at the firm.

Peak XV said its investment team continues to be among the largest contributors to its own funds, a move aimed at strengthening alignment with founders and investors. The firm will maintain its focus on core sectors such as AI, fintech, and consumer tech, while expanding into emerging areas including deep technology.

“This is an extraordinary time for technology innovation across India and APAC. The scale of opportunity, depth of talent, and growing global ambition among founders makes this one of the most exciting periods we have seen,” Singh said. “We are here to partner with founders who combine vision, resilience and execution as they build enduring companies.”

In an interview with ET, Singh said the firm will continue investing across seed, venture, and growth stages, writing cheques from single-digit million-dollar investments to as much as USD 100 million. He added that the firm is sharpening its cross-border strategy to strengthen an India–APAC corridor.

Founded two decades ago and formerly known as Sequoia Capital India & SEA, Peak XV manages more than USD 10 billion across 16 funds and has backed over 450 companies, with more than 35 IPOs and multiple mergers and acquisitions.

Recent portfolio momentum includes listings by Meesho, Groww, and Pine Labs, while companies such as Zetwerk and Infra.Market are preparing for public offerings.