Peak XV has reaped $1.2B in the year since it split from Sequoia

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Meta Connect 2024 is a developer-centric event featuring a keynote from CEO Mark Zuckerberg.

The firm’s Surge program, which offers favorable terms and extensive resources to early-stage startups, has become a coveted launchpad for young startups in India and Southeast Asia, somewhat eclipsing the appeal of Y Combinator’s offering.

A $500 million block trade in Five-Star Business Finance, a Peak XV portfolio company, that started on Thursday was more than half-way done by 11.30 a.m.India standard time.

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Article Details

Author / Journalist: Manish Singh

Category: Technology

Markets: United StatesChinaIndia

Topics: Peak XV Partners Venture Sequoia Peak XV

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-26 @ 06:39:40 (1 days ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 1120 words

Reading Time: 7 minutes read

Sentences: 55 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 22717923

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