Tag: peak xv partners
IIT Madras alumni’s Discovered Materials raises $9 million from Lightspeed, YC, Peak XV
Discovered Materials, a startup building AI agents to discover new materials for semiconductor chips, has raised $9 million (Rs 85 crore) in a round led…
ETtech Deals Digest: River, Sarvam rounds lift startup funding to $314 million this week
Indian startups raised $314 million across 23 rounds during the week ended August 7, led by electric two-wheeler maker River Mobility and artificial intelligence startup…
Scapia announces Rs 20 crore Esop buyback
Travel-focussed fintech startup Scapia on Monday said that it has launched a Rs 20 crore Esop (employee stock ownership plan) buyback, allowing eligible employees to…
Turtlemint Q4FY27 revenues rise 42%, posts first quarterly profit
Bengaluru: In its first earnings since listing, Peak XV-backed insurance distribution platform Turtlemint reported a 42% year-on-year (YoY) rise in its March-quarter operating revenues, at…
Peak XV leads Rs 350 crore funding round in wealth manager Neo Group
Wealth and asset management firm Neo Group has signed definitive agreements to raise about Rs 350 crore ($36.3 million) in a funding round led by…
Weak Turtlemint debut pares paper gains for Peak XV, Nexus
Insurtech startup Turtlemint’s weak stock market debut on Monday pared the paper gains of its early venture investors, even as Peak XV Partners, Nexus Venture…
Peak XV, Nexus set for 7-9x returns from Turtlemint IPO share sale
Peak XV Partners and Nexus Venture Partners are set to clock gross returns of about 7-9 times on shares they sell in insurtech company Turtlemint’s…
Former Mirae Asset head Ashish Dave bets big on India’s VC reset
Ashish Dave, who stepped down as head of Mirae Asset Venture Investments (India) last year, is setting up his own fund, according to people with…
Peak XV, Activate in talks to invest in Silicon Valley AI dictation startup Wispr Flow
Peak XV Partners and Haptik founder Aakrit Vaish’s AI-focussed investment fund Activate are in talks to participate in Wispr Flow’s new funding round, which is…
Groww promoter group sells 0.23% stake for around Rs 250-260 crore
The promoter group at wealthtech startup Groww has sold around 0.23% stake in the company for approximately Rs 250-260 crore over the last few days,…