Peak XV Partners, a India-focused venture fund, has realized $1.2 billion in exits since its separation from Sequoia last year. The firm has sold stakes in nearly a dozen portfolio companies, including Zomato, Mamaearth, and Truecaller, and has also sold holdings in private startups through secondary transactions and M&A. The firm's current funds total $2.85 billion.
Source: https://www.techmeme.com/river
2024-09-26 11:20:36 AM |
Y Combinator's S24 batch, also known as Demo Day, kicked off with 13 companies showcasing their AI-based solutions. The companies are working on various projects, including automating baggage movement at airports with robots, applying AI to estate planning and settlements, and automating clinical trial data. The event saw a dominance of AI companies, with sectors like fintech, healthcare, and web3 being relatively quiet.
Source: https://www.techmeme.com/river
2024-09-26 10:30:39 AM |