Peak XV Partners trims stake in IPO-bound company
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Peak XV Partners trims stake in IPO-bound company

By Malvika Maloo

  • 21 May 2024
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Peak XV Partners trims stake in IPO-bound company
Shailendra Singh, managing director, Peak XV Partners

Venture capital firm Peak XV Partners, previously known as Sequoia Capital India and Southeast Asia, has trimmed its stake in an IPO-bound company that it first backed about seven years ago. The firm, which separated from American VC firm of the same name and was rebranded, has sold shares worth Rs 38.3 crore ......

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