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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.
Sans the Sequoia heft, the VC firm has realized that it is not special. So, it is bending to the realities of the Indian market by making cuts to both volume and pricing.
Peak XV Partners, formerly Sequoia Capital India, on Wednesday said that it is changing how the firm will invest in the country going forward. In a statement, the firm said: “In the context of a richly priced public market in India, we are investing in a measured manner in our growth fund, while we continue to lean in on seed and venture stage opportunities. As a result, we have made the decision to re-size our 2022 vintage funds by 16%. We have also decided to make some part of our carried interest linked to distribution of profits in our growth …
The arrest and charges against an employee of the artificial intelligence company, fewer early-stage VC deals, and other updates.
The Walmart-owned e-commerce company has entered microdramas and food delivery. Is it thinking long-term or just chasing a trend?
A churn in venture capital collides with the fear of missing the AI wave, while the Ajay Singh-led airline’s recurring crises raise deeper questions.
