Peak XV raises $1.3 billion, doubles down on AI as global VC rivalry heats up in India | TechCrunch

Shailendra Singh, managing director of Peak XV

Peak XV announced on Friday that it has raised $1.3 billion in new funds focused on India and Asia. The firm, which now manages more than $10 billion in assets, is sharpening its focus on artificial intelligence and cross-border bets amid intensifying competition for business in the region. The capital will be deployed across its … Read more