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Peak XV’s Ashish Agrawal, Ishaan Mittal and Tejeshwi Sharma exit to launch new VC fund

EntrackrEntrackr · 21h ago
Peak XV’s Ashish Agrawal, Ishaan Mittal and Tejeshwi Sharma exit to launch new VC fund
Medial

url: https://entrackr.com/news/peak-xvs-ashish-agrawal-ishaan-mittal-and-tejeshwi-sharma-exit-to-launch-new-vc-fund-11072541 Content: Peak XV’s Ashish Agrawal, Ishaan Mittal, and Tejeshwi Sharma exit to launch new VC fund. Peak XV said the decision to part ways with Agrawal was mutually agreed upon after discussions around the long-term interests of its limited partners and the institution. Venture capital firm Peak XV Partners has seen the exit of three senior investment professionals Ashish Agrawal, Ishaan Mittal, and Tejeshwi Sharma as part of an ongoing leadership transition at the firm. Meanwhile, Peak XV has promoted Abhishek Mohan to General Partner and elevated Saipriya Sarangan to Chief Operating Officer as it sharpens its focus on artificial intelligence-led investing. In a post on X, Sharma confirmed that the three departing partners are coming together to launch a new venture capital firm. Details related to the proposed fund including its size, focus areas, and timeline have not yet been disclosed. These exits follow a series of high-profile departures at Peak XV.

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Peak XV’s Chief Product Officer Anuj Sahai resigns

EntrackrEntrackr · 6m ago
Peak XV’s Chief Product Officer Anuj Sahai resigns
Medial

Peak XV’s Chief Product Officer Anuj Sahai resigns Anuj Sahai, Chief Product Officer at Peak XV Partners, has stepped down from his role, adding to a string of recent top-level departures at the venture capital firm. In a LinkedIn post, Sahai announced his exit, saying, “After an eventful run as Chief Product Officer at PeakXV, I’m turning the page and looking forward to the next adventure. The role gave me a front-row seat to the startup ecosystem—partnering with founders and ideas that are shaping markets—and hands-on experience with AI technologies. Huge thanks to Peak XV Partners for the opportunity!” Sahai had joined Peak XV (formerly Sequoia Capital India & Southeast Asia) in 2023 after building a career leading product and monetization strategies at companies like Flipkart, Ola, Payback, and Yahoo!. Peak XV Partners has witnessed a series of high-level departures in recent months. In February 2025, managing partners Shailesh Lakhani and Abheek Anand resigned after long stints at the firm, followed by investor Shraeyansh Thakur’s exit in March after nearly a decade. These exits add to an earlier wave of senior-level churn, including the departures of Piyush Gupta, Anandamoy Roychowdhary, and others.

Dorje Teas raises seed funding from Coast Fund VC, Untitled Ventures, and others

EntrackrEntrackr · 1y ago
Dorje Teas raises seed funding from Coast Fund VC, Untitled Ventures, and others
Medial

Dorje Teas, a direct-to-consumer (D2C) startup based in Darjeeling, has raised Rs 1.8 crore in its Seed funding round led by Coast Fund VC (venture arm of Blink Digital), with participation from Untitled Ventures, Ice VC, SSK Exports, the Chandigarh Angels Network (CAN) and a consortium of Ashoka University alums. As part of the round, Dorje Teas also saw participation from creators & entrepreneurs like Arjun Vaidya & Varun Mayya. Dorje Teas will also be welcoming India’s leading TV star Nakuul Mehta as an investor & their brand ambassador. The three-year-old startup gained attention earlier this year by appearing on Season 2 of Shark Tank India, where it secured investment deals from prominent D2C investors Anupam Mittal and Vineeta Singh. The company claimed to have scaled up their operations and revenues 300% since their appearance in the reality show. Check TheKredible for more details. In addition to expanding its product offerings, Dorje Teas plans to establish an in-house content studio to create engaging content that highlights the brand’s commitment to health and quality. The company is also building its B2B vertical and initiating plans to export Darjeeling’s teas worldwide. Founded by Debasis Dey, Ishaan Kanoria, and Sparsh Agarwal, the startup will launch a content creators staycation program at the heritage Selim Hill tea garden, inviting influencers to experience and share their journey through the brand’s unique offerings. Notable venture capital-backed brands in this space include Vahdam Teas, Tea Box, and Team Monk.

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