# Peak XV Partners

Type: Company

Source: GetYourBrief — https://getyourbrief.com/entity/peak-xv-partners
Canonical HTML page: https://getyourbrief.com/entity/peak-xv-partners

## Timeline

- **2026-08-25**: Jury convenes in Bengaluru — Jury led by Rishad Premji selects winners through a secret ballot.
- **2026-08-25**: Jury convenes in Bengaluru — Jury led by Rishad Premji selects winners through a secret ballot.
- **2026-08-25**: Jury convenes in Bengaluru — Jury led by Rishad Premji selects winners through a secret ballot.
- **2026-08-18**: Best on Campus and Comeback Kid nominees revealed — The Economic Times reveals the shortlists for Best on Campus and Comeback Kid categories.
- **2026-08-18**: Best on Campus and Comeback Kid nominees revealed — The Economic Times reveals the shortlists for Best on Campus and Comeback Kid categories.
- **2026-08-18**: Best on Campus and Comeback Kid nominees revealed — The Economic Times reveals the shortlists for Best on Campus and Comeback Kid categories.
- **2026-08-17**: Bootstrap Champ and Top Innovator nominees revealed — ET Startup Awards announces shortlists for two other categories ahead of the main event.
- **2026-08-17**: Bootstrap Champ and Top Innovator nominees revealed — ET Startup Awards announces shortlists for two other categories ahead of the main event.
- **2026-08-17**: Bootstrap Champ and Top Innovator nominees revealed — ET Startup Awards announces shortlists for two other categories ahead of the main event.
- **2026-06-15**: Public Disclosure via Newspaper Ad — The company disclosed the filing in a newspaper advertisement, formally signaling the IPO launch process.
- **2026-06-15**: Series B first close: $234 million raised — Sarvam becomes a unicorn at $1.5 billion valuation, with HCLTech leading with $150 million for 10.46% stake.
- **2026-06-12**: Confidential DRHP Filed — Razorpay submitted its pre-filed draft red herring prospectus to SEBI and stock exchanges via the confidential route.
- **2026-06-10**: Shareholder Approval — Shareholders approved a plan to raise Rs 2,700 crore through a fresh issue and offer for sale as part of the IPO.
- **2026-03-20**: Current Recovery — Funding rebounds to $358 million, driven by the Weaver Services mega-round.
- **2026-03-16**: General Catalyst Talks — Reports emerge of a new $50-60 million funding round led by General Catalyst.

## Recent coverage (20 stories, network-wide)

### ET Startup Awards 2026: 3 Public Exits & 1 IPO Filing in Midas Race
2026-08-21 02:57:37 · Sector: finance · Sentiment: Neutral · Impact: 5/10 · Sources: 2

The Midas Touch shortlist reveals which Indian venture investors have generated exits, with multiple public listings and a pending IPO. Publicly listed portfolio companies signal a maturing exit market.
Full story: https://getfinancebrief.com/story/finance-et-startup-awards-2026-midas-touch-exits

### ET Startup Awards 2026: 5 Comeback Kid Nominees Vie for Top Honor
2026-08-18 03:42:00 · Sector: startups · Sentiment: Neutral · Impact: 5/10 · Sources: 2

For startup founders and VCs, the ET Startup Awards 2026 Comeback Kid shortlist highlights resilient founders—SolarSquare, Shadowfax, Scapia, Emergent, Pratilipi—backed by marquee investors and recognized by a jury led by Rishad Premji.
Full story: https://getstartupbrief.com/story/et-startup-awards-2026-comeback-kid-nominees

### SolarSquare's 20-City Rooftop Solar Network Up for ETSA Comeback Kid
2026-08-18 03:41:02 · Sector: climate · Sentiment: Neutral · Impact: 5/10 · Sources: 2

For clean energy professionals, SolarSquare's nomination as Comeback Kid reflects scaling of residential rooftop solar with financing, subsidies, and performance guarantees across 20 Indian cities.
Full story: https://getclimatebrief.com/story/solar-square-20-city-rooftop-solar-etsa-comeback-kid

### Shadowfax's Comeback Kid Nomination: 2015-Born 3PL Scales E-Commerce Delivery
2026-08-18 03:39:36 · Sector: supply · Sentiment: Neutral · Impact: 5/10 · Sources: 2

For supply chain and logistics leaders, Shadowfax's Comeback Kid nomination at ET Startup Awards 2026 highlights resilient third-party logistics models serving e-commerce marketplaces and D2C brands with express parcel, reverse logistics, and hyperlocal delivery.
Full story: https://getsupplybrief.com/story/shadowfax-comeback-kid-nomination-supply-chain

### Elevation Capital bets $500M on India's AI app layer, dismissing global lag claims
2026-07-24 01:38:26 · Sector: ai · Sentiment: Positive · Impact: 7/10 · Sources: 2

Elevation Capital's $500 million ninth fund exclusively targets AI startups at the application layer, challenging the narrative that India is behind in AI. The partners emphasize undersupplied expertise and a billion-user market, framing India as a soon-to-be AI powerhouse.
Full story: https://getaibrief.com/story/elevation-500m-ai-app-layer-india

### Elevation Capital drops $500M for AI startups amid India VC fundraising boom
2026-07-24 01:36:46 · Sector: startups · Sentiment: Positive · Impact: 7/10 · Sources: 2

Elevation Capital launches a $500M early-stage fund to back AI-native startups, heating up competition among Indian VCs that have raised over $2.5B cumulatively. The fund's exclusive AI focus signals a shift from generalist to thesis-driven investing, directly impacting founder access to capital.
Full story: https://getstartupbrief.com/story/elevation-capital-500m-ai-fund-startups

### Elevation's $500M AI fund to fuel next-gen SaaS: India's app layer opportunity
2026-07-24 01:36:33 · Sector: saas · Sentiment: Positive · Impact: 7/10 · Sources: 2

Elevation Capital's $500 million AI-focused fund is set to catalyze a wave of SaaS startups that embed intelligence into existing digital infrastructure. For cloud and SaaS providers, this signals fresh capital for vertical-specific agents and AI-native platforms, potentially accelerating India's product cloud shift.
Full story: https://getsaasbrief.com/story/elevation-500m-ai-fund-saas-cloud

### Sarvam AI Joins Unicorn Club with $1.5B Valuation; 45M Policyholders Served
2026-06-16 00:30:04 · Sector: startups · Sentiment: Strongly positive · Impact: 8/10 · Sources: 8

Sarvam AI's unicorn milestone comes with staggering traction: 45 million policyholders served and 17 million farmers engaged via multilingual voice agents. The $234 million Series B will fuel expansion across banking, insurance, and defense sectors. This funding highlights the rise of a new generation of Indian AI startups.
Full story: https://getstartupbrief.com/story/sarvam-ai-unicorn-45m-policyholders

### Sarvam AI's $234M Raise Powers 10M Daily API Calls for Enterprise AI
2026-06-16 00:29:55 · Sector: saas · Sentiment: Strongly positive · Impact: 8/10 · Sources: 8

Sarvam's enterprise-grade AI platform processes over 10 million API calls daily, scaling its sovereign AI stack for Indian languages. The $234 million raise will enhance its inference infrastructure and front-end applications, positioning it as a formidable SaaS platform for government and large enterprises.
Full story: https://getsaasbrief.com/story/sarvam-ai-234m-10m-api-calls

### Sarvam AI Valued at $1.5B as HCLTech Invests $150M for 10.46% Stake
2026-06-16 00:29:46 · Sector: finance · Sentiment: Strongly positive · Impact: 8/10 · Sources: 8

Sarvam AI's $234 million Series B and $1.5 billion valuation mark a major bet on India's sovereign AI infrastructure. HCLTech's $150 million investment for a 10.46% stake signals deep corporate confidence. The deal underscores the rapid maturation of India's AI investment landscape.
Full story: https://getfinancebrief.com/story/sarvam-ai-1-5b-unicorn-hcltech-150m

### Sarvam AI Raises $234M to Train Frontier AI Models with 30B-105B Parameters
2026-06-16 00:29:36 · Sector: ai · Sentiment: Strongly positive · Impact: 8/10 · Sources: 8

The funding will advance Sarvam's research on next-gen AI models up to 105 billion parameters, targeting agentic AI, coding, and cybersecurity. Its end-to-end stack includes open-source models tailored for Indian languages, aiming for affordable, sovereign intelligence at India's scale.
Full story: https://getaibrief.com/story/sarvam-ai-234m-frontier-models-30b-105b

### Sarvam’s $234M raise fuels sovereign AI: models from 30B to 105B params, agentic roadmap
2026-06-15 15:54:09 · Sector: ai · Sentiment: Strongly positive · Impact: 7/10 · Sources: 2

For AI practitioners, Sarvam’s funding means acceleration of open-source, India-trained models with a focus on agentic AI, coding, and cybersecurity. The HCLTech partnership provides real-world deployment channels.
Full story: https://getaibrief.com/story/sarvam-sovereign-ai-models-funding

### Sarvam grabs $234M at $1.5B valuation, becoming India’s newest AI unicorn
2026-06-15 15:53:00 · Sector: startups · Sentiment: Strongly positive · Impact: 7/10 · Sources: 2

Sarvam’s latest round not only catapults it to unicorn status but also highlights a strategic shift in Indian venture: corporate investment by an IT services major alongside top-tier VCs. This raises the bar for deep-tech funding in the region.
Full story: https://getstartupbrief.com/story/sarvam-unicorn-series-b-startups

### Razorpay Files for $600M IPO at $5-6B Valuation After Reverse Flipping to India
2026-06-15 04:45:03 · Sector: startups · Sentiment: Positive · Impact: 7/10 · Sources: 2

Razorpay's confidential IPO filing marks a landmark moment for Indian startup ecosystem: a $5-6 billion listing after a reverse flip, backed by YC and Peak XV, but at a lower valuation than its 2021 peak. It sets the stage for VC exits and a new realistic pricing norm.
Full story: https://getstartupbrief.com/story/razorpay-600m-ipo-valuation-down-round-startup-exit

### Razorpay Processes $180B TPV, Files for $700M IPO After Platform Expansion
2026-06-15 04:44:55 · Sector: saas · Sentiment: Positive · Impact: 7/10 · Sources: 2

Razorpay's payment infrastructure platform—handling $180 billion in annual transactions—has confidentially filed for an IPO aiming to raise up to $700 million. The SaaS-like recurring revenue from transaction fees and business banking products RazorpayX positions it as a high-growth tech listing.
Full story: https://getsaasbrief.com/story/razorpay-180b-tpv-payment-platform-ipo-filing

### Razorpay Eyes $5-6B Valuation in Confidential IPO, Down from $7.5B
2026-06-15 04:44:45 · Sector: finance · Sentiment: Positive · Impact: 7/10 · Sources: 2

Razorpay confidentially filed IPO papers with SEBI, seeking to raise $500–700 million at a $5–6 billion valuation, a sharp drop from its $7.5 billion private market peak. The move tests investor appetite for fintech and could reset valuations for the sector.
Full story: https://getfinancebrief.com/story/razorpay-confidential-ipo-filing-sebi-5-6b-valuation

### Indian VC Funding Hits $358M in Mid-March Surge Led by Weaver Services
2026-03-21 01:01:01 · Sector: startups · Sentiment: Positive · Impact: 6/10 · Sources: 2

Indian startups secured $358 million in venture capital during the third week of March, a significant jump from the previous week's $143 million. While the surge was largely driven by Weaver Services' $155 million round, the ecosystem continues to face headwinds from geopolitical instability and a scarcity of late-stage capital.
Full story: https://getstartupbrief.com/story/indian-startup-funding-weekly-roundup-march-2026

### Atlys Secures $36M Series C to Scale Global Visa Automation Platform
2026-03-17 01:19:04 · Sector: finance · Sentiment: Neutral · Impact: 5/10 · Sources: 2

Atlys has raised $36 million in a Series C funding round led by Susquehanna Asia VC, with strategic participation from MakeMyTrip. The capital infusion aims to accelerate the company's mission to automate the global visa application process as international travel demand reaches new heights.
Full story: https://getfinancebrief.com/story/atlys-series-c-funding-visa-automation

### Atlys Secures $36M Series C to Scale Visa-as-a-Service Infrastructure
2026-03-17 01:18:28 · Sector: saas · Sentiment: Neutral · Impact: 5/10 · Sources: 2

Atlys has raised $36 million in a Series C round led by Susquehanna Asia VC, with strategic participation from MakeMyTrip. The capital will accelerate the expansion of its automated visa processing platform as it targets the global travel-tech SaaS market.
Full story: https://getsaasbrief.com/story/atlys-36m-series-c-funding-susquehanna-makemytrip

### Atlys Secures $36M Series C to Scale Global Visa Processing Infrastructure
2026-03-17 01:17:23 · Sector: startups · Sentiment: Neutral · Impact: 5/10 · Sources: 2

Atlys, a digital visa processing platform, has raised $36 million in a Series C round led by Susquehanna Asia VC. The funding, featuring strategic participation from MakeMyTrip, will accelerate global expansion and the development of AI-driven automation tools for international travel compliance.
Full story: https://getstartupbrief.com/story/atlys-36m-series-c-funding-susquehanna-makemytrip

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