As an independent VC firm, Peak XV Partners has the opportunity to help build global companies from India without having to worry about the earlier restrictions of its parent company Sequoia Capital.
The profit pooling with Sequoia US will cease to exist post the rebranding. Peak XV will also likely enter the US to help Indian startups expand in the country, an indication that the India division will be run completely independent of Sequoia US.
The three entities emerging from the split are Sequoia Capital in the United States and Europe, HongShan in China, and Peak XV Partners in India and Southeast Asia.
Sequoia India and Southeast Asia has launched two new funds, a $2 billion early-stage, venture and growth fund for India and an $850 million dedicated fund for Southeast Asia, as the storied venture firm doubles down on the region at a scale unrivaled by most of its peers and at a time when money is […]