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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Peak XV Partners is in a pickle. The loss of much of its senior India leadership has thrown up a familiar venture capital conundrum: how do firms reward and retain top performers in a business where a few big wins end up carrying the entire fund?
Ashish Agrawal, managing director at Peak XV Partners, is exiting the fund. Joining him are Ishaan Mittal and Tejeshwi Sharma, also MDs at the firm.
These exits are the latest in a long line of departures in the last two years at Peak XV Partners, where much of the leadership team and middle layer has emptied out. They were not entirely unexpected, something we have said before here, here and here, after the fund broke away from Sequoia US and decided to go it alone. But a tough challenge is one thing, an exodus quite another.
Everyone has …
