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Peak XV Partners, an investment firm, has successfully raised $1.3 billion for its latest independent India fund. This new fund, the ninth for the firm since its establishment in 2006, is notably smaller than its predecessor. Over the years, Peak XV Partners has supported tech startups in India, including Zomato, Meesho, Groww, and Razorpay. With this recent funding round, the firm has now accumulated nearly $10 billion in capital across its various funds since its inception.
Source: Tech-Economic Times