tech
February 3, 2026
Peak XV says internal disagreement led to partner exits as it doubles down on AI
Peak XV is transitioning board roles and opening a U.S. office while continuing to view India as its largest market.
TL;DR
- Peak XV Partners is experiencing senior leadership departures, including Ashish Agrawal, Ishaan Mittal, and Tejeshwi Sharma.
- The departures are attributed to an internal disagreement, with Agrawal, Mittal, and Sharma planning to launch a new venture capital firm.
- Peak XV is increasing its focus on AI investing and expanding its presence in the U.S., while maintaining India as its largest market.
- The firm recently promoted Abhishek Mohan to general partner and Saipriya Sarangan to chief operating officer.
- Peak XV's portfolio saw significant exits in late 2025, generating substantial gains.
- Managing Director Shailendra Singh stated that the firm manages over $10 billion across 16 funds and has invested in about 80 AI-linked companies.
- Singh emphasized the need for deep technical understanding in AI investing and plans to hire AI-native talent.
- The firm plans to open a U.S. office within 90 days.
- Previous senior departures include Harshjit Sethi, Shailesh Lakhani, Abheek Anand, and Pieter Kemps.