News on Medial

Anandamoy Roychowdhary exits Peak XV after 11 years

EntrackrEntrackr · 7m ago
Anandamoy Roychowdhary exits Peak XV after 11 years
Medial

Anandamoy Roychowdhary, a partner at Peak XV's Surge, has left the firm after spending over 11 years at the firm. This marks the second senior-level exit from the venture capital within a year. Roychowdhary joined Peak XV Partners (formerly Sequoia Capital India) in February 2013 as Director of Technology and was promoted to Partner in Surge in June 2023. Before transitioning into investing, he served as a technology advisor to Peak XV’s portfolio companies, including Byju’s. “Petal wafts from the rose, drawn by dreams of mastery. Cedes post Nov 30th,” Roychowdhary shared on the social media platform X. Recently, Piyush Gupta, Peak XV’s former Managing Director, left the firm after seven years to launch his secondary-focused fund, Kenro Capital. Roychowdhary's next move remains unclear. Peak XV has not commented on the development. Last year, Sequoia Capital India was rebranded as Peak XV Partners. The firm continues to manage $9.2 billion across 13 funds and plans to further invest in India and the Southeast Asia region using its $2.5 billion of uninvested capital.

Related News

Shraeyansh Thakur resigns from Peak XV after a decade

EntrackrEntrackr · 4m ago
Shraeyansh Thakur resigns from Peak XV after a decade
Medial

Shraeyansh Thakur resigns from Peak XV after a decade During his tenure at Peak XV, he was board member and observer for startups like Atlys, Meesho, Cars24, ApnaMart, Unacademy, Zetwerk, Urban Piper, Bijnis, among others. Shraeyansh Thakur, an investor at Peak XV Partners, has resigned after nearly 10 years at the venture capital firm, sources told Entrackr. This marks the fifth high-profile exit from Peak XV in the past year. “Shraeyansh Thakur has decided to quit the firm and is likely to launch his own venture soon,” said one of the sources requesting anonymity. Queries sent to Peak XV and Thakur did not elicit any response until publication of the story. "After an incredible 9+ years at Peak XV / Sequoia India, I have decided to embark on a new entrepreneurial journey. The next 10 years are going to be India’s golden digital decade and our founders now have true belief to create the world’s best companies from India," said Thakur in a Linkedin post. Last month, Peak XV’s managing partners, Shailesh Lakhani and Abheek Anand, stepped down after serving for more than a decade. Prior to that, Anandamoy Roychowdhary, a partner at Peak XV's Surge, departed after over 11 years at the firm, while Piyush Gupta, then Managing Director, left after seven years to launch his secondary-focused fund, Kenro Capital. Meanwhile, Rishen Kapoor, co-founder and CEO of SaaS startup Toplyne, has returned to Peak XV Partners after his three-and-a-half-year-old venture shut down. In October last year, Peak XV reduced its $2.85 billion fund by 16% as part of a strategic shift towards investing in a more measured manner amid elevated valuations in the Indian market. This development came a year after Sequoia Capital rebranded as Peak XV.

Download the medial app to read full posts, comements and news.