Peak XV Partners

Venture capital firm
Mumbai, India$15.3B AUMwww.peakxv.comSee connections →

Venture capital firm investing from seed to growth stage across fintech, consumer internet, and software in India, Southeast Asia, and the Middle East.

At a glance

Peak XV Partners appears in 5 funding rounds tracked by ValueAddVC since 2025, leading 3. Its most frequent sector in these rounds is Developer Tools, and its most recent tracked deal was RapidCanvas' $29M Series B round (Oct 16, 2026). It co-invests most often with Accel and Y Combinator. ValueAddVC also tracks 1 fund managed by Peak XV Partners.

Strategy

Stages
SeedVentureGrowth
Sectors
ConsumerEnterpriseFintech
Geographies
AsiaMumbai, India
Check size
$1M-$100M

Recent changes

  1. Oct 16, 2026Invested in RapidCanvas (Series B, $29M) SiliconANGLE
  2. Sep 29, 2026Peak XV Raises Surge Seed Check Size To $5M Pulse story
  3. Sep 5, 2026Stages updated: Seed, Venture, Growth peakxv.com
  4. Aug 17, 2026Invested in Wispr Flow (Series B, $280M) TechCrunch
  5. Aug 12, 2026Invested in Blacksmith (Series B, $45M) PR Newswire
Earlier changes (3)
  1. Jul 16, 2026Invested in Alpaca ($135M) Pulse 2.0 (Alpaca release)
  2. Feb 20, 2026New fund: Peak XV Partners New India + APAC funds ($1.3B) TechCrunch
  3. Oct 3, 2025Invested in Supabase (Series E, $100M) Supabase

Funds

1
FundVintageSizeStrategySource
Peak XV Partners New India + APAC funds2026$1.3BOtherRegional venture · Multi-stage
As of Feb 20, 2026TechCrunch

Portfolio

7 total

Recent Investment Activity

6

Track record: led 3 and participated in 2 of 5 tracked venture rounds · 4 in the last 12 months · led 1 Series B, 1 Series E

DateCompanyEventRoleAmountValuationInvestorsSource
Oct 16, 2026RapidCanvasSeries BParticipated$29M—
Vertex VenturesLeadThe SaaS News · unverifiedHitachi VenturesunverifiedAccelunverifiedPeak XV PartnersunverifiedVertex Ventures SEA & IndiaValley Capital PartnersTitanium Ventures
SiliconANGLE
Oct 11, 2026ZetwerkipoLed$518M$2.64B
Peak XV PartnersLeadunverifiedLightspeed Venture PartnersLeadunverifiedAccel India
The Hindu BusinessLine
Aug 17, 2026Wispr FlowSeries BParticipated$280M$2BTechCrunch
Aug 12, 2026BlacksmithSeries BLed$45M$550MPulse story
Jul 16, 2026Alpacafunding roundLed$135M—
Peak XV PartnersLeadBloomberg · unverifiedElefundOpera Tech VenturesUnbound
Pulse 2.0 (Alpaca release)
Oct 3, 2025SupabaseSeries ELed$100M—
AccelLeadunverifiedPeak XV PartnersLeadunverifiedFigmaunverifiedY CombinatorunverifiedCoatue ManagementunverifiedFelicis VenturesunverifiedCraft VenturesunverifiedSquare Pegunverified
Supabase

Sector / Stage Activity

By sector (portfolio)
Developer tools
2 · 29%
Enterprise SaaS
2 · 29%
AI infra
2 · 29%
Fintech
1 · 14%
By stage (tracked rounds)
Series B
3 · 50%
Series E
1 · 17%

Co-Investors

12

Similar Firms

overlapping sector, stage or region

Value Add Research

Latest Pulse

  1. RapidCanvas Raises $29M To Build Custom Enterprise AI AppsRapidCanvas raised a $29 million Series B led by Vertex Ventures SEA & India to build custom AI applications for mid-market enterprises, after growing annualized revenue eightfold in 18 months.→
  2. MakeO Raises $10M, 8 Months After Absorbing Rival ZenyumMakeO, the Mumbai-based parent of dental brands Toothsi and Zenyum, raised $10 million led by Singularity AMC eight months after acquiring former rival Zenyum, with the combined group claiming S$70M in ARR.→
  3. Zetwerk Targets $2.64B Valuation In $518M IPOPeak XV- and Accel-backed Indian manufacturing platform Zetwerk set a price band seeking a $2.64 billion valuation in a $518 million IPO opening for subscription on October 15.→
  4. Peak XV Raises Surge Seed Check Size To $5MPeak XV Partners raised the maximum seed check in its Surge accelerator program to $5 million and unveiled an 18-startup cohort, raising the bar for what a competitive seed round now looks like.→
  5. Adobe Buys India's Rilo to Bolt On Agentic MarketingAdobe acquired the six-person, Bengaluru-based AI workflow startup Rilo for an undisclosed sum, adding natural-language marketing automation as it fends off Canva and agentic pushes from Anthropic and OpenAI.→
  6. Wispr Raises $280M at $2B on Voice AI BetVoice AI startup Wispr raised a $280 million Series B led by Menlo Ventures at a $2 billion valuation, more than six times its prior mark, as it expands from dictation into meeting notes and other text-box replacements.→
  7. Wispr Flow Raises $280M at $2B ValuationWispr Flow raised a $280 million Series B led by Menlo Ventures at a $2 billion valuation, bringing total funding to $361 million less than ten months after its prior round, and previewed a proprietary speech model that cuts word-error rates from over 30% to as low as 5%.→
  8. Blacksmith's Valuation Jumps 10x to $550M in Under a YearBlacksmith, a code-testing and validation startup, raised a $45 million Series B led by Peak XV Partners at a $550 million valuation, up from $60 million less than a year earlier, as AI-generated code drives demand for faster validation.→
  9. AI's Next Bottleneck Isn't Chips — It's the WiresLumilens emerged from stealth with $700M+ in new funding at a $5.51B valuation to build the optical links between AI chips, the same week Terafab, Taalas and Hadrian all bet on AI's physical layer.→
  10. Alpaca Raises $135M ($435M With Debt) for Agent-First BrokerageAlpaca raised $135 million in equity led by Peak XV, plus debt financing from Kraken parent Payward and BMO for $435 million in total capital, to scale brokerage infrastructure for tokenized markets and AI trading agents.→
  11. Alpaca Raises $135M to Build Agent-First Brokerage RailsAlpaca raised $135 million in equity led by Peak XV; counting separate debt financing from Payward and BMO, its total new financing was $435 million, to build brokerage infrastructure designed for AI agents and tokenized markets rather than human traders.→
  12. Nandan Nilekani Steps Back as Fundamentum Launches $200M FundInfosys co-founder Nandan Nilekani is stepping back from his general partner role at Fundamentum as the India-focused VC firm he co-founded launches a roughly $200 million third fund.→
  13. Supabase Raises $500M Series F at $10.5B as Vibe Coding Drives a Database ExplosionOpen-source backend platform Supabase raised a $500 million Series F at a $10.5 billion valuation led by GIC, doubling its value in eight months. The growth is being driven by AI coding tools -- databases deployed are up 600% year-over-year, with Claude Code now its single largest source of new instances and AI agents spinning up the majority of them.→

Peak XV Partners FAQ

What is Peak XV Partners' latest fund?

Peak XV Partners New India + APAC funds, closed at $1.3B (As of Feb 20, 2026; TechCrunch).

What companies has Peak XV Partners invested in?

Peak XV Partners' portfolio includes RapidCanvas, Zetwerk, Supabase, Wispr Flow, Blacksmith, Alpaca, and 1 more tracked companies.

Who does Peak XV Partners co-invest with most?

In the rounds Value Add tracks, Peak XV Partners most often invests alongside 8VC (2 shared deals), Accel (2 shared deals), Acrew Capital (2 shared deals), Forerunner Ventures (2 shared deals), Goodwater Capital (2 shared deals).

Sources & methodologyshow
Where these figures come from

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