Venture Capital · Profile from Venture Capital Research Companion
Peak XV Partners
The former Sequoia Capital India & Southeast Asia, which grew from a 2006 merger with WestBridge Capital into the region's largest and most active venture and growth investor (Pine Labs, Groww, Zomato, GoTo, Freshworks), weathered a 2022–23 run of portfolio governance scandals, and became an independent firm in 2023–24, with a large partner exodus following in 2024–26.
At a glance
- Founded
- 2006 as Sequoia Capital India, through Sequoia's merger with WestBridge Capital Partners (founded 2000); renamed Peak XV Partners in 2023, fully independent by ~March 2024
- Founders
- WestBridge founders Sumir Chadha, KP Balaraj, Raj Mishra and Sandeep Singhal (2000); Sequoia Capital (Doug Leone, Michael Moritz) sponsored the 2006 combination; Shailendra Singh joined 2006 and became the franchise's long-time leader
- Headquarters
- Bengaluru and New Delhi/Gurugram, with offices in Mumbai and Singapore
- Ownership / structure
- Independent private partnership owned by its partners; no ownership link to Sequoia Capital (US) or HongShan after the separation
- Leadership (2026)
- Managing Director Shailendra Singh (leader); senior partners include GV Ravishankar, Rajan Anandan (Surge), Mohit Bhatnagar and others; Abhishek Mohan promoted to general partner and Saipriya Sarangan to COO (2026)
- AUM / capital raised
- >$10bn AUM (reported, 2026); ~$1.3bn raised across three new funds (India Seed, India Venture, APAC), closed February 2026
- Stage focus
- Seed (Surge) through growth and pre-IPO; India-led, with Southeast Asia and (since 2023) Australia under the APAC fund; increasing AI focus
- Signature investments
- Pine Labs, Groww, Zomato, Freshworks, Razorpay, Tokopedia/Gojek (GoTo), Honasa (Mamaearth), Meesho, MobiKwik, Indigo Paints, OYO, Polygon. Failures/governance cases: Byju's, BharatPe, Zilingo, GoMechanic
8 deals and moves analysed
Each one gets a full strategy file in the companion: context, the decision, the financing, what happened, and the lesson.
2009
Pine Labs
Early Venture
2013
Zomato
Growth Round
2014
Tokopedia
Growth Round
2015
Byjus
Venture Round
2016
Zilingo
Seed and Series A
2018
Groww
Series A
2019
BharatPe
Series A
2022
Polygon
Token Sale Lead