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Peak XV’s Shailesh Lakhani and Abheek Anand to step down

Entrackr · 3m

Peak XV’s managing partners Shailesh Lakhani, a 17-year veteran of the firm, and Abheek Anand, who co-led investments in Southeast Asia, have decided to step down. Lakhani has confirmed his departure from the venture capital firm through a post on micro-blogging platform X. “As my time at Peak XV/Sequoia India reaches 17.5 years, I’ve decided it’s the right moment to step back from the firm. It has been an incredible journey—one that began in August 2007, when India’s startup ecosystem was in its infancy, to today, where it stands as one of the most vibrant in the world. I wouldn’t have traded this courtside seat for anything,” said Lakhani. Anand has not made an official statement regarding his resignation, but TechCrunch first reported it this afternoon. Lakhani and Anand were appointed as Managing Directors of Peak XV during the company's rebranding from Sequoia Capital. This is a developing story. Stay tuned for updates.