Homegrown investment fund A91Partners is in the process of raising its largest fund yet, targeting between $700-750 million. This marks a significant scale-up for a domestic investment fund, reflecting a broader interest in the Indian market among limited partners. Concurrently, Peak XV Partners, previously associated with Sequoia Capital, announced the creation of two new funds. One aims to invest in global seed and early venture funds, while the other, named Peak XV Anchor Fund, is a perpetual fund backed by its own partners and other leaders, designed to foster a culture of high accountability and alignment with limited partners (LPs). The announcements were made to LPs in New Delhi, highlighting a growing trend of investment in early-stage ventures.
Peak XV announces perpetual fund to hold shares of both private and public portfolio companies https://t.co/3XQbmIrGiO via @moneycontrolcom
Former #Sequoia India firm launches new #fund for early ventures @peakxvpartners, formerly part of Sequoia Capital, is creating a new fund that will take stakes in global seed and early venture funds. https://t.co/7d6DWWUEi7
Peak XV to launch perpetual fund backed by own partners, other leaders - source New fund, called Peak XV Anchor Fund, aims to bring "a culture of high accountability and alignment with LPs" Peak XV revealed the news to LPs in New Delhi on Monday
Peak XV Partners, formerly part of Sequoia Capital, is creating a new fund that will take stakes in global seed and early venture funds https://t.co/ye5WVTIJ9G
Haiti’s PM has resigned following General Barbecue’s gang takeover of the country. Follow: @AFpost https://t.co/xW5oVnGd3P
🚨💰 Homegrown investment fund @A91Partners is in the process of raising its largest-yet fund at $700-750 million. This will be among the fastest scale-ups in terms of fund size for a domestic investment fund amid a broader appetite for the India market among limited partners.