Tag: Peak XV Partners

India’s Oyo, once valued at $10 billion, seeks new funding at 70% discount

Oyo, the Indian budget-hotel chain startup, is negotiating with investors to raise a new round of funding that could cut the Indian firm’s...

Peak XV’s Piyush Gupta is leaving firm to start own secondary-focused VC fund

Piyush Gupta, one of the operating leaders at Peak XV Partners, is leaving the firm at the end of this month to start...

Byju’s founder floats share offer to make peace with estranged investors

Byju Raveendran, the founder of embattling edtech group Byju’s, has made a last-ditch attempt to placate the Indian startup’s disgruntled investors, informing them...

Peak XV to launch perpetual fund backed by own partners, other leaders

Peak XV is creating an “evergreen” fund bankrolled by its investment partners and extended team, a source familiar with the matter told TechCrunch,...

Byju’s founder, ousted by shareholders, says rumors of his firing ‘greatly exaggerated’

Byju Raveendran, the founder of eponymous edtech group Byju’s, told employees on Saturday that he continues to remain the chief executive of the...

Peak XV takes startups on a Silicon Valley trip in AI push

Peak XV, the venture capital firm that split from Sequoia Capital last year, is taking its portfolio companies from India, Southeast Asia and...