Peak XV cuts $2.8 billion startup fund by 16% – Times of India
[ad_1] MUMBAI: Peak XV Partners (formerly Sequoia India) has cut the size of its $2.8-billion fund allocated for investments in India and Southeast Asia by 16% or $465 million. The move comes as high valuations in Indian private markets have slowed down closure of startups’ late-stage growth deals. The exuberance of public markets, which have…