Peak XV cuts $2.8 billion startup fund by 16%

Q: How long will it take to read this news story?

The story "Peak XV cuts $2.8 billion startup fund by 16%" has 705 words across 26 sentences, which will take approximately 3 - 6 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Peak XV cuts $2.8 billion startup fund by 16%" was covered 3 hours ago by Times of India, a news publisher based in India.

Q: How trustworthy is 'Times of India' news outlet?

Times of India is a fully independent (privately-owned) news outlet established in 1838 that covers mostly economy and business news. The outlet is headquartered in India and publishes an average of 19 news stories per day. It's most recent story was published 3 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Positive, indicating that people regard this as "good news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #22854521</li><li>URL: https://beamstart.com/news/peak-xv-cuts-28-billion-17279135934538</li></ul>

Times of India 3h ago

Peak XV cuts $2.8 billion startup fund by 16% - Times of India

Quick Summary:

Peak XV Partners has reduced its $2.8-billion fund for India and Southeast Asia by 16% due to high valuations in private markets, particularly affecting late-stage growth deals.

The firm emphasizes disciplined investment amidst market exuberance, benefiting both founders and limited partners.

Six startups including Ola Electric and FirstCry have gone public, already raising Rs 14,571 crore so far this year and few more new-age tech IPOs including Swiggy's mega Rs 10,000-crore listing, which is likely to be sized up to Rs 11,700 crore is lined up.