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

Byaitoolvs

Peak XV, a venture capital firm, has secured $1.3 billion in funding, with a strategic focus on India’s AI and fintech sectors, amidst a global VC rivalry that’s intensifying in the country. Despite recent partner exits, the firm’s commitment to cross-border investments underscores its confidence in the region’s burgeoning tech landscape.

Source: TechCrunch AI

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