Peak XV Closes $1.3B in New Funds For AI Investment Across India and Asia

Peak XV announced it has raised $1.3 billion across new funds focused on India and the Asia-Pacific region, strengthening its capacity to invest in artificial intelligence and cross-border technology companies. The firm, which manages more than $10 billion in assets, plans to deploy the majority of the capital in India over the next two to three years through its seed, venture, and regional investment vehicles.

Led by managing director Shailendra Singh, Peak XV is prioritizing AI, fintech, consumer internet, and emerging deep-tech opportunities while maintaining a disciplined approach to fund size and returns. Since separating from Sequoia Capital in 2023, the firm has built a portfolio of more than 450 companies and made over 80 investments in AI startups. The new funding positions Peak XV to capitalize on India’s expanding role as a global center for AI innovation.

James Dargan

James Dargan is a writer and researcher at The AI Insider. His focus is on the AI startup ecosystem and he writes articles on the space that have a tone accessible to the average reader.

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