Sequoia struggles to sell Prataap Snacks

Over the past couple of months, the venture capital firm has knocked on doors in vain. Is its obsession with growth to blame?

28 February, 202412 min
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Peak XV Partners’s American distraction

VCs are a dime a dozen in the San Francisco Bay Area. So, aside from the bragging rights that come with being seen as a global venture firm, it makes no sense for the now-Indian Peak XV to invest in a market that’s already crowded.