Monday
February 23
2026

Peak XV Raises $1.3 Billion, Doubles Down on AI as Global VC Rivalry in India Heats Up

By Jagmeet Singh

Peak XV announced on Friday that it has raised $1.3 billion across new India and Asia-focused funds. 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 deals in the region.

Source: TechCrunch (link opens in a new window)

Categories
Technology
Tags
artificial intelligence, fintech, startups, venture capital