About Peak XV Partners
Peak XV Partners is a venture capital firm founded in 2006. It is primarily based out of Bengaluru, India. As of Jul 2026, Peak XV Partners is an active investor, having invested in 451 companies, with 52 new investments in the last 12 months. It primarily invests in Series A round in India based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Consumer. Most recently it participated in the $***** Series D round of OneCard Overall, Peak XV Partners portfolio has seen 40 unicorns, 27 IPOs and 44 acquisitions including key companies like Groww, Ixigo and Tata 1mg. A lot of funds co-invest with Peak XV Partners, with names like Kunal Naresh Shah sharing a substantial percentage of its portfolio. Peak XV Partners has team of 77 people including 16 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 12 more
Portfolio IPOs
Portfolio Soonicorns
Deals in last 12 months
Peak XV Partners' List of Top Investments
Peak XV Partners has a portfolio of 451 companies, including 40 unicorns. Their most notable investments are in Dashverse and Partior.Their portfolio spans across India, United States, Singapore and 18 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 36 other sectors, across stages such as Series A, Seed and 12 more. Here is the list of top investments by Peak XV Partners:1. Groww
Provider of an online platform for investments and trading services. The platform facilitates stock, exchange-traded fund, and initial public offering investments with order tracking. It offers tools for intraday monitoring, futures and options trading, and commodities trading. The platform also provides access to direct mutual funds, new fund offers, and mutual fund screeners.
Key facts about Groww
- Founded Year: 2016
- Location: Bengaluru (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2025
- Stage: Public
- Total Funding till date: $596M
- Employee Count: 1,495 as on Mar 31, 2025
- Investors: GIC, Lone Pine Capital and 24 Others
- Latest Funding Round: Series F, Jun 13, 2025, $*****
- Highlight: Public
2. Ixigo
Online platform facilitating booking of flights, trains, buses, and hotels. It offers tools for managing travel plans, including status updates and alerts. The platform provides options for booking various transportation and accommodation types. It aims to simplify the process of planning and booking travel.
Key facts about Ixigo
- Founded Year: 2007
- Location: Gurugram (India)
- Annual Revenue: ₹500 - ₹1,000 Cr as on Mar 31, 2024
- Stage: Public
- Total Funding till date: $92M
- Employee Count: 1,144 as on Aug 31, 2025
- Investors: GIC, Invesco Mutual Fund and 50 Others
- Latest Funding Round: Post IPO, Oct 10, 2025, $*****
- Highlight: Public
3. Tata 1mg
Provider of an online pharmacy with doctor listing and teleconsultation services. It offers pharmacy store where the user to view medicines, compare prices, and purchase online. It allow users to upload prescriptions for placing the order. It provides an online doctor consultation and lab test platform that allows users to search for doctors and book appointments. The platform sells fitness supplements, healthcare products, healthcare devices, and alternate medicines.
Key facts about Tata 1mg
- Founded Year: 2015
- Location: Delhi (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2025
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $231M
- Employee Count: 4,722 as on Aug 31, 2025
- Investors: HBM Healthcare Investments, Maverick Ventures and 35 Others
- Latest Funding Round: Series D, Sep 02, 2022, $*****
- Highlight: Acquired
4. Blinkit
Online retailer of groceries, personal care, and household essential products. It provides a platform to order a wide range of daily essentials. It is a quick-commerce platform that enables customers to order groceries, fruits, vegetables, dairy products, personal care items, household supplies, stationery, and other daily essentials for near-instant delivery.
Key facts about Blinkit
- Founded Year: 2013
- Location: Gurugram (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2025
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $757M
- Employee Count: 11,445 as on Apr 30, 2026
- Investors: Tiger Global Management, SoftBank Group and 23 Others
- Latest Funding Round: Conventional Debt, Mar 11, 2022, $*****
- Highlight: Acquired
5. Razorpay
Provider of payment and business banking solutions for enterprises. The company offers tools for payment acceptance, automated payroll, and business banking. Solutions include payment gateways, current accounts, and corporate credit cards. It also provides developer resources such as API documentation and integration tools.
Key facts about Razorpay
- Founded Year: 2014
- Location: Bengaluru (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $742M
- Employee Count: 3,028 as on Aug 31, 2025
- Investors: TCV, GIC and 35 Others
- Latest Funding Round: Series F, Dec 19, 2021, $*****
- Highlight: Editors' Pick
Peak XV Partners' Year-on-Year Investment Trends
Peak XV Partners has invested in 451 companies over the last 20 years, with an average of 35 new investments annually in the last 10 years. In 2025, it made 82 investments, while as of Jul 2026, it has made 50 investments in this year. Its most recent first time investment was in Warp and most recent follow-on round was in OneCard.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 29 | 21 | 50 |
2025 | 44 | 38 | 82 |
2024 | 33 | 21 | 54 |
2023 | 42 | 26 | 68 |
2022 | 49 | 52 | 101 |
2021 | 47 | 81 | 128 |
2020 | 28 | 51 | 79 |
2019 | 39 | 47 | 86 |
2018 | 18 | 38 | 56 |
2017 | 13 | 27 | 40 |
Peak XV Partners' Investments by Stage
Peak XV Partners has made 167 investments in Series A stage with an average round size of $13.9M, 151 investments in Seed stage with an average round size of $5.23M and 53 investments in Series B stage with an average round size of $37.4M.Stage of entry | No. of Investments |
|---|---|
Series A | 167 |
Seed | 151 |
Series B | 53 |
Series C | 26 |
Series D | 9 |
Others | 20 |
Note: We have considered here, only first round of investments
Peak XV Partners' Investments by Sector
Peak XV Partners has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, FinTech, Retail and High Tech. Notably, it has invested in 390 Tech companies, 284 Enterprise (B2B) companies, 239 Software companies and at least 209 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 188 |
Consumer | 117 |
FinTech | 102 |
Retail | 68 |
High Tech | 66 |
Others | 444 |
Note: We have considered here, only first round of investments
Peak XV Partners' Investments by Geography
Peak XV Partners has made most investments in India (236), followed by United States where it has made 98 investments.Country | No. of Investments |
|---|---|
India | 236 |
United States | 98 |
Singapore | 49 |
Indonesia | 23 |
Australia | 13 |
Others | 29 |
Note: We have considered here, only first round of investments
Peak XV Partners' recent investments
Peak XV Partners has made 50 investments in 2026 so far. OneCard and WizCommerce are the latest among them.Here are the most recent investments by Peak XV Partners:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 13, 2026 | India | Series D | 4739 | [+1] | |
Jun 29, 2026 | India | Series A | 5260 | [+4] | |
Jun 26, 2026 | United States | Series C | 5630 | [+2] | |
Jun 25, 2026 | United States | Series B | 6808 | [+10] | |
Jun 23, 2026 | United States | Series A | 4554 | [+1] |
Unicorns in Peak XV Partners' Portfolio
Peak XV Partners has 40 unicorns in its portfolio - Sarvam, PostHog, Airalo and others. The most recent unicorn in their portfolio is Sarvam. It became a unicorn in 2026, 2 years after Peak XV Partners first invested in it.Here is a list of unicorns in Peak XV Partners' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
71 | Developer of artificial intelligence models for speech and document processing | 2023 | Bengaluru | Series B | rswjdeo | ||
63 | Cloud based product analytics tools | 2020 | San Francisco | Series E | xeyzafo | ||
74 | Operator of eSIM stores intended to provide connectivity to travellers | 2019 | Delaware | Series C | pmbwbld | ||
64 | Developer of relational database management tools and backend infrastructure services | 2020 | Singapore | Series F | uivcdsl | ||
73 | Provider of an AI-powered marketing and customer data platform | 2019 | San Francisco | Series D | bysvo{u |
IPOs and Publicly Listed companies in Peak XV Partners' Portfolio
27 of Peak XV Partners' portfolio companies have become public. Turtlemint got listed on the Bombay Stock Exchange (BSE), National Stock Exchange (NSE), in Jun 2026 at marketcap of $471M and Wakefit got listed on the Bombay Stock Exchange (BSE), National Stock Exchange (NSE) at marketcap of $702M.Here are Peak XV Partners' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 29, 2026 | Dec 23, 2016 | Series A | 2363 | |
Dec 15, 2025 | Dec 11, 2018 | Series A | 6472 | |
Dec 10, 2025 | May 23, 2018 | Series B | 7792 | |
Nov 21, 2025 | Sep 25, 2012 | Series A | 3810 | |
Nov 14, 2025 | 2009 | Unattributed | 5034 |
Acquired companies in Peak XV Partners' Portfolio
44 companies from Peak XV Partners' portfolio have been acquired. The most recent acquisition was Aampe in Jun 2026 by MoEngage for $*****.Here are Peak XV Partners' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 24, 2026 | Oct 05, 2023 | Seed | 9946 | |
Jun 22, 2026 | Sep 03, 2014 | Seed | 1982 | |
Jun 04, 2026 | Oct 31, 2025 | Series A | 1752 | |
Mar 15, 2026 | Sep 13, 2017 | Series B | 9459 | |
Feb 11, 2026 | May 31, 2021 | Series B | 4654 |
Team profile of Peak XV Partners
Peak XV Partners has a team of 77 members including 16 Partners, 3 Venture Partners and 22 Principals located in India, Singapore and 2 more locations. Peak XV Partners' team sits on the board of 11 companies.Here is a list of top team members in Peak XV Partners:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Mumbai | - | ||
Partner | Delhi | |||
Partner | Singapore | Via, Craftsvilla and 1 more | ||
Partner | Singapore | - | ||
Partner | Bengaluru | OneAssist, Stovekraft and 2 more | ||
Partner | Singapore | |||
Partner | Delhi | - | - | |
Partner | Mumbai | - | - | |
Partner | Bengaluru | - | - | |
Partner | Bengaluru | - | ||
Partner | San Francisco | - | - |
Co-investors of Peak XV Partners
Over the past 20 years, 5411 investors have co-invested in Peak XV Partners's portfolio companies. This includes funds and angels.
- Invested before Peak XV Partners: Surge, Y Combinator and 1914 others have invested in rounds before Peak XV Partners. There are 37 companies where Surge has invested before Peak XV Partners and 27 companies where Y Combinator has invested before Peak XV Partners.
- Top Co-investors of Peak XV Partners: 1257 investors entered a company along with Peak XV Partners. These include investors like Kunal Naresh Shah (15 companies).
- Invested after Peak XV Partners: A total of 2238 investors have invested in Peak XV Partners's portfolio after their investments. Top Investors include Tiger Global Management (28 companies), Trifecta Capital (24 companies) and Innoven Capital (22 companies).
Recent News related to Peak XV Partners
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OneCard Secures Rs 72 Crore in Series D Funding Led by Peak XV PartnersEntrackr•Jul 13, 2026•Z47, OneCard, Peak XV Partners
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Lab-Grown Diamond Brand Aukera Raises ₹90 Cr Debt To Expand Store NetworkInc42•Jul 10, 2026•Aukera, Alteria Capital, Fireside Ventures, Peak XV Partners and 4 others
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Indian Firm Digantara Raises $50 Million for Missile-Tracking SystemsForbes•Jul 10, 2026•Digantara, Reliance Industries, 360 One, Peak XV Partners and 2 others
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Aukera Secures Rs 90 Cr Funding Led by Alteria Capital to Expand Retail and Product DevelopmentEntrackr•Jul 10, 2026•Aukera, Alteria Capital, Peak XV Partners, Lighthouse Canton and 1 other
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Home Loan Marketplace Ambak In Talks To Raise ₹80 CrInc42•Jun 24, 2026•Ambak, Z47, Peak XV Partners, Quona and 4 others
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JustAI Raises $17M Series A to Build an Agentic Marketing PlatformTMC•Jun 24, 2026•Y Combinator, Peak XV Partners, Base10 Partners, Just AI and 2 others
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Ex-JP Morgan Private Bank UK Head of Middle East Lending Michael Darriba Joins Singapore $5 Billion Wealth & Asset Manager Lighthouse Canton as Managing Director, Key Clients & Institutions Based in Dubai, 25 Years Private Banking & Financial Industry Experience at HSBC, Coutts, UBS, Deutsche Bank, Credit Suisse & JP Morgan Private BankCaproasia•Jun 23, 2026•Peak XV Partners, Lighthouse Canton
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Sarvam AI becomes unicorn after raising $234M as India doublesYourStory•Jun 15, 2026•Sarvam, HCL Technologies, Bessemer Venture Partners, Khosla Ventures and 1 other
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Sarvam AI turns unicorn after HCLTech acquires 10.46% stake for 1427crFinancial Express•Jun 15, 2026•Sarvam, HCL Technologies, Peak XV Partners, Bessemer Venture Partners and 13 others
