Peak XV Partners Announces Team Updates and Deepens Focus on AI Investing

Business Wire India

Peak XV Partners today announced a set of team updates. These changes will enable the firm to strengthen its capabilities in an era of unprecedented change driven by Artificial Intelligence (AI).

Peak XV is pleased to announce key promotions within its senior leadership. Abhishek Mohan has been promoted to General Partner. Since joining the firm in 2018, Abhishek has successfully led the firm's consumer tech investments. Saipriya Sarangan has been promoted to Chief Operating Officer (COO) and will oversee firm-wide operations.

Team Updates: We have mutually decided to part ways with Ashish Agrawal. After thoughtful consideration and discussions, it became clear that parting ways was in the best interests of our Limited Partners and the long-term interests of the firm. Following Ashish’s departure, Ishaan Mittal and Tejeshwi Sharma have decided to join him. Peak XV acknowledges their contributions and wishes them success in their future endeavors.

A Vision for the Future: Peak XV stated in a blog post that "Building an enduring institution takes decades of commitment, hardwork, dedication to values and the ability to embrace change". This firm will add to its bench of AI-native investors and GTM capabilities. Peak XV recently closed its 80th AI investment.

About Peak XV Partners

Peak XV Partners (formerly Sequoia Capital India & SEA) is a leading venture capital firm investing across India, Southeast Asia and beyond. Over the last 20 years of operations in the region, Peak XV has grown to manage over USD 10 billion in capital across 16 funds and has invested in over 400 companies. The portfolio has seen over 35 IPOs and several successful M&As to date. To know more, please visit www.peakxv.com.