3one4capital, Bessemer Ventures Partner, General Atlantic, InnoVen Capital, LetsVenture, Peak XV Partners, India Quotient, 9Unicorns, Pravega Ventures, and Accel are the Top Fintech Investors For Startups in India.
Rajan Anandan, the managing director of venture capital firm Peak XV Partners, disclosed on Thursday that the firm has "approximately Rs 16,000 crores of dry powder" readily available for investment in businesses.
The early-stage venture capital arm of Peak XV Partners, Surge Ventures, led the Rs 43.71 crore (or $5.2 million) initial fundraising round for SalarySe, an app that provides financial assistance to salaried workers.
Sam Altman, CEO of OpenAI, creator of ChatGPT, and Peak XV Partners (previously Sequoia India and SEA) led a $2.3 mn seed financing round for AI startup Induced.
Rohit Agarwal, who was previously a principal investor, has been promoted by Peak XV Partners to the position of managing director. Shailendra Singh, Abheek Anand, and Rohit Agarwal, according to Peak XV Partners, are the three MDs on the investment team in the Singapore office.