Peak XV Partners
Also known as Sequoia Capital India & SEA
Bengaluru, India Founded 2006 peakxv.com
Peak XV Partners’s latest fund is Peak XV 2026 funds (India Seed, India Venture, APAC): $1.3B, 2026, #42 of 427 firms by latest fund.
The numbers
| Year | Raised |
|---|---|
| 2022 | $2.9B |
| 2026 | $1.3B |
Updates from Peak XV Partners
Overview
AUM reported as 'more than US$10B'. The prior US$2.85B fund family was later reduced to ~US$2.4B per TechCrunch. Separated from Sequoia in 2023/2024.
Funds
| Fund | Closed | Size | Source |
|---|---|---|---|
| Peak XV 2026 funds (India Seed, India Venture, APAC) | 2026 | $1.3B | techcrunch.com |
| Sequoia India & SEA 2022 funds | 2022 | $2.9B | techcrunch.com |
LPs on the record
3 private foundations list on their latest IRS Form 990-PF, and 2 other LPs report holding Peak XV Partners’s funds.
- John D and Catherine T Macarthur Foundation
- University of California
- UTIMCO (Permanent University Fund)
2 more LPs are in the app. Find LPs that back firms like this one in Hottub’s LP Intelligence: ranked by overlap, with what each holds and how to reach it.
Firms whose LPs overlap
The firms sharing the most LPs on record with Peak XV Partners, relative to how many LPs each has. A peer set like this is what Find LPs ranks LPs from.
Find LPs for Peak XV Partners and these firms: Hottub ranks the LPs that hold their funds, the ones still adding funds first.
Track record
A score of 51 out of 100 from 5 of the 13 funds public LPs report, 2 of them in the top half of their vintage. Its ranked funds’ median TVPI is 1.30x and median DPI 0.08x. Pooled where reports give cash flows: 1.30x TVPI, 0.03x DPI. That ranks it 63rd of 123 managers with a score.
Each fund once, as the latest of 2 LPs’ reports ranks it by TVPI against funds of the same vintage in those reports; 50 is the median fund, and a short record is pulled toward 50. The full record in LP Intelligence, with each fund’s rank and what usually follows a fund like its latest, or every manager’s.
Reported fund performance
As reported by public LPs that invested in these funds, net of fees. “Versus vintage” ranks each fund against every other fund of the same vintage in that LP’s report, mostly private equity and venture funds. Open a fund for its cash flows and full peer ranking.
| Fund | Vintage | Net IRR | Versus vintage (IRR) | TVPI | DPI | Reported by |
|---|---|---|---|---|---|---|
| Peak XV Partners India Growth IV | 2022 | N/M | — | 0.00x | University of California | |
| Peak XV Partners India Venture VIII | 2022 | N/M | — | 0.00x | University of California | |
| Peak XV Partners SEA I | 2022 | N/M | — | 0.00x | University of California | |
| Peak XV Partners India Seed II | 2021 | -2.0% | Third quartile | 0.94x | 0.08x | University of California |
| Peak XV Partners India Growth III | 2020 | 7.4% | Second quartile | 1.30x | 0.00x | University of California |
| Peak XV Partners India Venture VII | 2020 | 5.3% | Second quartile | 1.20x | 0.07x | University of California |
| Peak XV Partners India Seed Fund I | 2019 | 17.7% | Top quartile | 2.14x | 0.17x | University of California |
| Peak XV Partners India VI | 2018 | 21.0% | Top quartile | 2.86x | 0.10x | University of California |
| PEAK XV PARTNERS GROWTH FUND III LTD | — | N/M | — | — | UTIMCO (Permanent University Fund) | |
| PEAK XV PARTNERS GROWTH FUND IV LTD | — | N/M | — | — | UTIMCO (Permanent University Fund) | |
| PEAK XV PARTNERS SEA FUND I LTD | — | N/M | — | — | UTIMCO (Permanent University Fund) | |
| PEAK XV PARTNERS SEED FUND II LTD | — | N/M | — | — | UTIMCO (Permanent University Fund) | |
| PEAK XV PARTNERS VENTURE VII LTD | — | N/M | — | — | UTIMCO (Permanent University Fund) | |
| PEAK XV PARTNERS VIII LTD | — | N/M | — | — | UTIMCO (Permanent University Fund) |
University of California: UC Regents Private Equity Investments (Alternative Investments: Private Equity Internal Rates of Return), as of June 30, 2025. Net IRR and total value multiple as reported by the UC Regents; IRRs are calculated by a third-party service provider from UC's own cash flows and may differ from the GP's. Vintage year is based on first cash flow. Funds in their first three years are reported as NM (shown as blank). Active partnerships only; exited funds are not listed. View source
UTIMCO (Permanent University Fund): Permanent University Fund Detail Schedules of Investment Securities, Schedule H: Private Investment Funds, as of August 31, 2025. Holdings only: the audited Schedule H lists each private investment fund held by the Permanent University Fund, which UTIMCO manages, with its fair value at the August 31 fiscal year end and nothing else, so vintage year, commitment, contributions, distributions, total value, IRR and multiples are blank (UTIMCO reports none of them here); each fund's fair value is kept as market_value_usd in whole dollars as printed. Fund names are as printed (capitals, abbreviated). Included are the schedule's Private Equity (159 funds), Venture (165) and Emerging Market Equity (29) sections; its Credit, Infrastructure, Natural Resources and Real Estate sections are not imported, and neither are 24 direct investments in the imported sections, which UTIMCO lists only as numbered "Direct Investment" rows because their names are confidential under Texas Government Code 552.143(c). Covers the Permanent University Fund only: UTIMCO publishes no such schedule for the General Endowment Fund, and it provides its fund-level Private Markets performance reports only in answer to an open records request. View source
About this data
Fund sizes come from firm announcements, SEC filings, and press reports, converted to US dollars near the closing date. Compiled as of October 9, 2026. Notable portfolio companies are examples from public sources, not a complete list.