Peak XV

Ex-Meta engineers have built an AI tool to plan every detail of your trip

The travel industry has gathered extensive data over the years about trips and transportation, and founders are using it to use it to create every conceivable kind of AI travel startup. In fact, every word of this sentence is a link to a new AI travel tool. Now, startups and incumbent travel tech companies are […]

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

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

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

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

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