News on Medial

15 Months After Splitting From Sequoia, Peak XV Realises Exits Worth $1.2 Bn

Inc42 · 8m

Venture capital firm Peak XV Ventures has reportedly sold stakes in around a dozen listed portfolio companies over the past year. Some of the companies in which they have divested their stakes include Zomato, Mamaearth, and Truecaller. Additionally, the firm has also sold stakes in startups like K12 Techno, Pocket Aces, and PingSafe through secondary transactions and mergers and acquisitions in the last 15 months. With assets amounting to $9 billion, Peak XV Ventures manages a portfolio that includes unicorns like CRED, Meesho, Groww, and Unacademy.