Peak XV

Peak XV has reaped $1.2B in the year since it split from Sequoia

Venture /

Peak XV Partners, the largest India-focused venture fund, has realized about $1.2 billion in exits since its separation with Sequoia last year, two sources familiar with the matter told TechCrunch.  The investor has sold stakes in nearly a dozen portfolio companies that went public in the past year, including food delivery group Zomato, cosmetics retailer […]

Peak XV has reaped $1.2B in the year since it split from Sequoia Read More »

Court halts Byju’s second rights issue as $200M fundraise falters

Startups /

Byju’s is having a hard time raising the full $200 million from its rights issues that its founder had previously claimed was oversubscribed, sources familiar with the matter told TechCrunch. And now India’s National Company Law Tribunal has restrained the company from proceeding with its second rights issue amid allegations of oppression and mismanagement by

Court halts Byju’s second rights issue as $200M fundraise falters Read More »