Peak XV Announces $1.3 Billion Across Three New Funds for Exceptional Founders in India, APAC and beyond

National | February 20, 2026: Peak XV Partners today announced the closing of $1.3 billion in new capital commitments across three funds: the India Seed Fund, India Venture Fund, and APAC Fund. Alongside significant uninvested capital in the firm’s existing Growth Fund, Peak XV continues its mission of partnering with exceptional founders building category-defining companies across India, APAC, and beyond, from the earliest stages through IPO and long-term scale.

Global Conviction and LP Confidence
This milestone reflects continued conviction from Peak XV’s global Limited Partners (LPs), many of whom are leading endowments and foundations. Their participation underscores long-term confidence in the India and APAC founder ecosystem, which has demonstrated resilience, innovation, and global ambition.

Shailendra Singh, Managing Director, Peak XV, said: “We are immensely grateful for the steadfast commitment from our Limited Partners. We recognize that every fundraise represents a responsibility to both our LPs and to the founder ecosystem, and we remain deeply committed to serving them.”

Founder Alignment and Sector Focus
As with prior funds, Peak XV’s team remains among the largest investors in its own funds, reinforcing long-term alignment with founders and LPs.

The firm will continue to focus on its core sectors:

  • Artificial Intelligence (AI)
  • FinTech
  • Consumer

Additionally, Peak XV is expanding investments in emerging areas such as DeepTech, reflecting the growing scale of opportunity and depth of talent across the region.

Singh added: “This is an extraordinary time for technology innovation across India and APAC. The scale of opportunity, depth of talent, and growing global ambition among founders makes this one of the most exciting periods we have seen. We are here to partner with founders who combine vision, resilience, and execution as they build enduring companies.”

Two-Decade Mission
With these new funds, Peak XV continues its two-decade mission of backing founders who are building companies that reshape industries and serve customers at scale. The firm’s strategy remains consistent: to support founders from seed stage through IPO and beyond, providing capital, mentorship, and global networks.

About Peak XV Partners
Peak XV Partners (formerly Sequoia Capital India & SEA) is a leading venture capital firm investing across India, APAC, 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.
  • Invested in 450+ companies.
  • Seen over 35 IPOs and several successful M&As to date.

🌐 Website: www.peakxv.com