We were first investors with Kunal in both Freecharge and @CRED_club and have had a front row seat, watching Kunal create new categories. Cred would not be here without Kunal’s incredible vision and leadership.
Cred is in a terrific spot today. With strong market share in core categories, incredible distribution and user love, significant revenue scale, a world class team working together for many years and a rock solid balance sheet.
I am excited about the next phase of Cred, which will be about consistent and profitable compounding and an accelerated journey to IPO. Looking forward to working with Miten and the team on this next phase.
@peakxvpartners@CRED_club@kunalb11@miten@mickymalka
Three years ago today, we rebranded as Peak XV (Peak Fifteen), the original name of Mount Everest. The name speaks directly to our ambition: to aim for the highest peak there is, and to partner deeply with world-class founders making the climb.
Over the last few years, we have continued to evolve, expanding our presence across regions, deepening our work in AI and deeptech, and partnering with founders building for global maxima.
Today, we are unveiling a refreshed brand identity and website that reflect this evolution while staying rooted in the values and beliefs that define us.
Our new logo and visual system are inspired by Everest and the climb itself: the rugged terrain, the essential tools, and the shared discipline, resilience, and belief required to reach the summit.
Explore our new look at https://t.co/qtGk07EGPd and watch our latest brand film below.
We're as optimistic about the future as we've ever been.
Never settle in the foothills.
@sjs_day1@RajanAnandan@i_sakshichopra@abhishek_mohan@mobhat@gvravishankar@rohitagar_wal
Three New Funds for Exceptional Founders in India, APAC and beyond 🚀
We are pleased to announce the closing of $1.3 billion in new capital commitments across our India Seed, India Venture, and APAC funds.
Along with significant uninvested capital in our existing Growth fund, we are excited about our ability to back outlier founders building category defining companies, across multiple stages, as we have done for two decades.
We are immensely grateful for the steadfast commitment from our Limited Partners (LPs) for our inaugural Peak XV funds. Many of our LPs are leading non-profit endowments and foundations, and serving them adds a special meaning to our work.
We understand every fundraise is a responsibility to the founder ecosystem and to our LPs, and we are relentlessly committed to serving them.
This is the most exciting time we have witnessed in our lifetimes. AI is transforming the world at an unprecedented pace, and while the initial breakthroughs were concentrated in Silicon Valley, AI opportunities are now abundant in India and APAC. The size, scale and sophistication of technology startups is deeply inspiring across both India and APAC.
India’s FinTech ecosystem is already one of the most advanced in the world and the Consumer opportunity has decades of compounding ahead. The combination of technical innovation, deepening markets, quality of talent and increasing global ambition makes this an amazing time to be investing in the region.
For those special founders who have a vision to change how something works and who combine ambition with execution, hustle with resilience and who wish to serve the world ahead of themselves, we are here to partner with you. 🙌
@sjs_day1@mobhat@gvravishankar@RajanAnandan@i_sakshichopra@rohitagar_wal@abhishek_mohan
@akshaybd@anmolm_@amitabhk87 This was a truly insane night! 😂 You were the definition of “just figure it out and get it done” - now a fun memory but back then crazy stress. Imagine the possible headline “Uber CEO deported day before meeting with PM” 😂
backgammon nerd sidequest alert: I bought eXtremeGammon the preeminent backgammon engine & looking for right "re-founding" CEO
discrete mathematics, neural nets, game theory, heavy UX, social, gambling, all the good stuff..
ANY TIPS? - https://t.co/sCOtLj2vVD
@emilmichael@SeanDuffyWI@realDonaldTrump Ahhhh - you would have been fab! But no doubt that there will be many other avenues to contribute and keep crushing it :) 💪