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THE TRUTH ABOUT: Peak xv partners | History Defined

Peak XV in talks to back Ringg AI as voice AI gains attention: Sources

Peak XV Partners is reportedly leading a $10 million funding round for Bengaluru-based voice AI startup Ringg AI, highlighting investor enthusiasm for the technology. This move underscores the growing recognition of voice AI beyond call centers, with investors now segmenting the market into various applications. The trend signals a significant…

The Economic Times

FirstClub raises $55 million from Peak XV, Sofina; valuation doubles to $255 million

Quality-focused grocery delivery startup FirstClub has secured $55 million in a Series B funding round led by Peak XV Partners and Sofina, valuing the company at $255 million. The capital will fuel expansion into new cities, enhance supply chain and technology, and broaden product categories.

The Economic Times

Peak XV rejigs Surge; Digital lenders power through slowdown

Happy Monday! Peak XV Partners is rebooting Surge after executive exits and a broader strategy reset. This and more in today’s ETtech Morning Dispatch.

The Economic Times

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Peak XV folds Surge into broader early-stage investing amid executive exits, fewer cohorts

Peak XV Partners is reshaping its Surge seed-investing platform. The venture capital firm is integrating Surge more closely with its overall early-stage investment operations. This move follows team exits and a slower cohort intake. Surge will now offer up to $5 million per company. This recalibration aligns with broader trends…

The Economic Times

Peak XV, Activate in talks to invest in Silicon Valley AI dictation startup Wispr Flow

Founded by Stanford graduates Tanay Kothari and Sahaj Garg, Wispr Flow develops a voice dictation tool that allows users to speak into apps and workflows instead of typing. The latest funding is likely to nearly triple its valuation to $2 billion, per people in the know.

The Economic Times

Scapia secures $63 million funding from General Catalyst, Peak XV Partners and Z47

Scapia, a travel fintech startup, has secured $63 million in a funding round led by General Catalyst. Scapia plans to use the funds to expand its product portfolio across its financial services and travel segments. With this new infusion the total funding raised by the startup has gone up to…

The Economic Times

Peak XV joins UK infrastructure startup Primer’s $100 million funding round

Peak XV Partners has joined a $100 million fundraise for global payments infrastructure startup Primer, marking another overseas investment for the Indian VC firm. The funding will accelerate AI investments and US expansion, where Primer expects significant revenue growth.

The Economic Times

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Groww promoter group sells 0.23% stake for around Rs 250-260 crore

Groww's promoter group has sold a stake worth approximately Rs 250-260 crore. This follows significant sales by early investors like Peak XV Partners and Y Combinator. The wealthtech startup, cofounded by Lalit Keshre and others, has seen its share price rise substantially since its IPO.

The Economic Times

Ex-Peak XV trio raises Mettle; Fintechs go licence hunting

Happy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to back Indian startups. This and more in today's ETtech Morning Dispatch.

The Economic Times

Scoop: Ex-Peak XV trio launches Mettle Capital, targets $350–400 million fund to back Indian startups

Three former Peak XV Partners, Ashish Agrawal, Ishaan Mittal, and Tejeshwi Sharma, have launched Mettle Capital. The new venture capital fund aims to raise $350-400 million. Mettle Capital will invest in Indian startups at Series A and B stages, with selective seed bets. The fund plans to close its fundraising…

The Economic Times

Ex-Peak XV trio launches Mettle Capital, targets $350–400 million fund to back Indian startups

The Economic Times

Groww shares jump 6% even as Peak XV, two other US investors sell stake worth Rs 5,326 crore. What lies ahead?

Billionbrains Garage Ventures shares rebounded on Wednesday, recovering Tuesday’s losses triggered by a Rs 5,326 crore stake sale by Peak XV Partners, Ribbit Capital, and YC Holdings. The investors sold over 29.5 crore shares via bulk deals at an average price of Rs 180.43 apiece, a 1.5% discount to the…

The Economic Times

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