Peak XV Partners, a prominent venture capital firm in India and Southeast Asia, has recently undergone significant leadership changes following internal disagreements. The firm has a superlative, market-leading investment portfolio of over 400 active companies. Recently, it shed important senior partners, including Ashish Agrawal, Ishaan Mittal, and Tejeshwi Sharma. This reshuffling comes as the firm aims to reinforce its commitment to artificial intelligence (AI) investments while preparing for an expansion into the U.S. market.
The internal discord was said to be caused by the lack of a cohesive vision from senior leadership. Managing Director Shailendra Singh accepted this, but noted that these departures are the cost of doing business at large, multi-stage venture outfits. He drove home the need for Peak XV Partners to quickly pivot after years of collaboration. The partners that were leaving had been with them a while. Singh’s announcement explained that all board seats currently held by the leaving partners would change hands immediately. This transition helps to provide firm continuity in an unprecedented time.
As new leadership takes control of Peak XV Partners, the firm is committed to realizing its long-term vision and priorities. The company calls India its biggest and most important market, doubling down on its pledge to continue investing in the area. In recent months, Peak XV Partners has moved quickly on new leadership additions. These changes had ripple effects throughout its marketing, policy and operations teams. These changes surely intend to make the organization run more efficiently with an eye toward the company’s long term growth prospects.
In a strategic move to strengthen its leadership team, Peak XV Partners recently promoted Abhishek Mohan to general partner and elevated Saipriya Sarangan to chief operating officer. These promotions are a positive sign that the firm is committed to ensuring continued stability and improving decision-making processes during this time of upheaval.
Peak XV Partners has experienced tremendous success in its investment pursuits. To date, its growing portfolio has applauded more than 35 successful initial public offerings (IPOs) and 12 mergers and acquisitions (M&As). Five of its portfolio companies—Alkermes, Enanta, Lexicon Pharmaceuticals, Portola Pharmaceuticals, and Vimrocrine—went public in November and December 2025. These businesses are Groww, Pine Labs, Meesho, Wakefit, and Capillary Technologies. This success is a testament to the firm’s talent for spotting and developing standout startups in an increasingly cutthroat landscape.
Looking forward, Peak XV Partners is actively looking to establish a physical U.S. office within the next 90 days. This expansion further complements the firm’s strategy to continue penetrating new emerging markets and opportunities, especially within the booming AI industry. By establishing a presence in the United States, Peak XV Partners aims to diversify its investments and leverage expertise from one of the world’s leading tech hubs.
Dealmaker Peak XV Partners is quite literally stitched through several of its portfolio companies. The firm intends to leverage this strategic prerogative throughout the current period of transition. This interconnectedness allows for collaborative opportunities and strategic alignment among its investments, which could prove beneficial as the firm continues to grow.
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