Peak XV Partners announced it has closed $1.3 billion across three new funds focused on supporting exceptional founders in India, the Asia-Pacific region and beyond. The capital raise includes an India Seed Fund, an India Venture Fund and an APAC Fund, reinforcing the firm’s multi-stage investment strategy across early and growth phases.
The new funds add to existing uninvested capital from the firm’s Growth Fund, positioning Peak XV to continue backing companies from inception through scale and, ultimately, public markets. The firm said the fresh commitments reflect continued conviction from its global limited partners, including leading endowments and foundations, as well as meaningful participation from the Peak XV team itself.
Peak XV will maintain its focus on sectors such as artificial intelligence, fintech and consumer technology, while also expanding into emerging areas including deep technology. The firm plans to deploy the capital over the coming years across seed, venture and growth stages.
The announcement underscores Peak XV’s long-term commitment to the entrepreneurial ecosystems in India and APAC. The firm, which became an independent brand in 2023, manages more than $10 billion in assets and has backed hundreds of companies across the region.
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“This is the most exciting time we have witnessed in our lifetimes. AI is transforming the world at an unprecedented pace, and while the initial breakthroughs were concentrated in Silicon Valley, AI opportunities are now abundant in India and APAC. The size, scale, and sophistication of technology startups are deeply inspiring across both India and APAC.”
Peak XV Partners
