Peak XV trims $2.85b fund citing 'richly priced public market' in India

Peak XV trims $2.85b fund citing 'richly priced public market' in India

Peak XV's general partners

Peak XV, one of the largest venture capital firms in India and Southeast Asia, announced that it is reducing the size of its $2.85-billion fund by 16%, attributing the decision to soaring valuations in a richly priced public market.

Edited by: Joymitra Rai