Hints and tips:
Related Special Reports
...Singh said Peak XV would distribute most of that back to its limited partners....
...The divorce resulted in three separate businesses: HongShan in China, Peak XV in India and south-east Asia and Sequoia Capital in the US....
...HongShan, Sequoia Capital and Peak XV — the India and south-east Asia fund which also split from the Silicon Valley giant — do not have non-compete provisions that would prohibit competition between the...
...Shareholders, which include Qatar’s sovereign wealth fund, Dutch-listed tech investor Prosus, VC firm Sequoia’s former India arm Peak XV and the Chan Zuckerberg Foundation of Meta founder Mark Zuckerberg...
...Sequoia’s former China unit has opened a Singapore office (on Peak XV’s turf), while Singh sees opportunities in the US....
...The private market is still suffering from the hangover from its 2021 bubble, which saw likes of SoftBank, Tiger Global and Sequoia India (now known as Peak XV Partners) invest heavily in young companies...
...Stripe, the payments plumbing company, at its private valuation peak clocked in at $95bn. Klarna, the money-losing buy now, pay later start-up, once hit $45bn....
...Peak XV said: “The opportunities for collaboration [with HongShan] are far greater than the scope for competition.”...
...As a result, its assets under management have nosedived from a peak of $226bn in 2018 to $98bn....
...Byju’s was backed by heavyweights including Qatar’s sovereign wealth fund, Dutch-listed investor Prosus, Sequoia’s former India arm Peak XV and the Chan Zuckerberg Initiative of Meta founder Mark Zuckerberg...
...But it already has seasoned backers: venture capital firms Peak XV (formerly Sequoia Capital India & South-East Asia), and Speciale Invest, which focuses on science- and engineering-based innovation, have...
...GV Ravishankar of Sequoia India, now named Peak XV Partners, and Russell Dreisenstock of Prosus, the international investment arm of South African company Naspers, have both resigned from the board of Byju...
...The total was close to the lowest level in two years, half of its $2.6tn peak and a drop of more than 40 per cent since May....
...Nvidia stock closed 10 per cent off its recent peak yesterday, despite a steady flow of news about all the life-changing AI models just around the bend....
...Sequoia Capital India is now called Peak XV....
...Ark has recently highlighted to its US investors the expected capital gains tax write-offs given the losses its funds have accumulated....
...Because Citadel (the separate hedge fund) had taken an equity stake in Melvin Capital, or something....
...That will put it in direct competition with Peak XV Partners, the company that was until the split known as Sequoia India & Southeast Asia....
...S&P Dow Jones removed Nigeria from the Select Frontier index due to “significant delays in capital repatriation” for those selling Lagos-listed stocks....
...The lenders allege it wired the money to Camshaft Capital last year....
...But its speciality business agreed to insure thermal coal mining company Global Mining Holding Company, LLC, and its subsidiary Signal Peak Energy for up to $2mn, for the two years to November 2023, according...
...Its viability depended on further restructuring and a search for more capital over the next 12 months, the company said earlier this month....
...Vuong has ploughed his wealth into the carmaker, pledging in April to inject $2.5bn in new capital....
...At its peak, Byju’s employed as many as 50,000 people....
...The others were venture capital firm Sequoia India (now Peak XV) and the Chan-Zuckerberg Initiative, Meta founder Mark Zuckerberg’s philanthropic fund....
International Edition