/
•
•
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 …
