Peak XV Partners
About Peak XV Partners
Peak XV Partners was founded in 2006 as Sequoia Capital India & SEA and became independent of Sequoia in 2023, when it rebranded. TechCrunch reported in February 2026 that the firm manages over $10 billion across 16 funds and has seven general partners. Managing Director Shailendra Singh speaks for the firm on AI. Abhishek Mohan was promoted to general partner in early 2026. The firm has offices in Bengaluru, Mumbai, Delhi, Singapore and Dubai, and it plans a U.S. office. In early 2026, senior partners Ashish Agrawal, Ishaan Mittal and Tejeshwi Sharma left. Singh attributed the exits to an internal disagreement.
Peak XV says it has made about 80 AI-linked investments. Singh has argued that AI will reshape venture investing more than earlier technology shifts, and that AI investors need deep technical understanding rather than generalist experience. The firm has said it is recruiting researchers and engineers with machine learning backgrounds. In February 2026 it announced investments in five early-stage AI startups at the India AI Impact Summit: Companion Labs, Kello, Memfold AI, Round1 and Zoop. Of the 23 companies in its Surge 11 accelerator cohort, 12 were AI startups. Software, developer tools and fintech remain central areas. The February 2026 $1.3 billion raise is meant partly to back AI founders across India and APAC.
Peak XV does not publish its check sizes. Shizune reports typical whole-round sizes of $1.5M to $11M at seed, $5.5M to $26M at Series A and $10M to $63M at Series B, and says these describe rounds, not the firm's own checks. Other trackers give different check estimates, so founders should confirm terms directly. The firm's Surge accelerator raised its maximum seed check to $5 million for its latest 18-startup cohort. Outside accelerators, the firm invests from seed through growth stages across India, Southeast Asia and the U.S.
- RapidCanvas: AI company; Series B of $29M in October 2026, with Peak XV participating
- Wispr AI: participated in a $280M Series B in August 2026
- Haast: AI-powered enterprise compliance engine; Peak XV led a $12M Series A
- Companion Labs: interactive AI entertainment for India's languages and cultures; seed round in February 2026
- Kello: career and hiring intelligence platform that has mapped more than 32 million professionals; backed in February 2026
- Zoop: AI-powered live commerce marketplace; backed in February 2026
- Memfold AI: seed round in February 2026
- Rosella: pre-seed round of $3.7M in April 2026, led by Peak XV
- peakxv.com
- techcrunch.com/2026/02/03/peak-xv-says-internal-disagreement-led-to-pa
- theheadandtale.com/fintech-news/peak-xv-partners-raises-1-3-billion-fi
- caproasia.com/2026/02/22/asia-based-9-billion-venture-capital-firm-pea
- valueaddvc.com/pulse/peak-xv-surge-5m-seed-cohort-2026
- valueaddvc.com/vc/peak-xv-partners
- superscout.co/investor/peak-xv-partners
- shizune.co/investors/profile/sequoia-india-2
Investing activity
Peak XV Partners appears in 10 AI deals tracked by the AI Lounge deals desk, rounds totalling $266M, and led 3 of them. The rounds are mostly Seed, Series D and Series C, with a median round size of $15M and the largest at $100M. The most recent are Hex (Series D, $100M, Oct 2026), Blacksmith (Series C, $66M, Oct 2026) and RapidCanvas (Series B, $29M, Oct 2026).
Peak XV Partners most often invests alongside Y Combinator, Sequoia Capital, Premji Invest and Accel, and the companies it backs on AI Lounge are mostly in AI, AI data analytics and Developer infrastructure.
Deals
Frequently asked questions about Peak XV Partners
Does Peak XV Partners invest in AI startups?
Yes. The firm says it has made about 80 AI-linked investments and has said AI is a central focus of its new capital. It also backed five early-stage AI startups in February 2026.
What stages does Peak XV Partners invest in?
Public sources describe the firm as investing from seed through growth. Its Surge program supports early-stage founders, and its maximum seed check there is $5 million.
How much does Peak XV Partners invest in each startup?
The firm does not publish its check sizes. Third-party trackers show whole-round sizes, not Peak XV's own checks, so founders should confirm terms directly with the firm.
Where is Peak XV Partners based and does it invest outside India?
The firm is headquartered in Bengaluru and invests across India, Southeast Asia and beyond. It has offices in Mumbai, Delhi, Singapore and Dubai and plans a U.S. office.
How many funds does Peak XV Partners manage?
TechCrunch reports the firm manages over $10 billion across 16 funds. In February 2026 it closed $1.3 billion across India seed, India venture and Asia Pacific funds.
What AI companies has Peak XV Partners invested in?
Peak XV Partners's AI investments include Hex, Blacksmith, RapidCanvas, Catalyst, Vorflux, Pocket, BazaarNow and Rosella. The 10 rounds on AI Lounge are listed on this page with amounts, dates and co-investors.
Where is Peak XV Partners based?
Peak XV Partners is based in Bengaluru, Karnataka, India.
What stage does Peak XV Partners invest at?
In the rounds tracked on AI Lounge, Peak XV Partners has invested at Seed, Series D, Series C and Series B, with a median round of $15M. Peak XV Partners led 3 of those rounds.
Who does Peak XV Partners co-invest with?
Peak XV Partners's most frequent co-investors on AI Lounge are Y Combinator (4 deals), Sequoia Capital (2 deals), Premji Invest (2 deals), Accel (2 deals) and 137 Ventures (1 deal).
How can founders reach Peak XV Partners?
Founders on AI Lounge can see Peak XV Partners's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add Peak XV Partners to their Investor Pipeline to track the conversation.