Shraeyansh Thakur, a long-time investor at Peak XV Partners, has stepped down after spending nearly a decade at the venture capital firm. His departure adds to a series of high-profile exits from Peak XV over the past year.
Sources indicate that Thakur is preparing to launch his own venture, though specific details remain undisclosed. Throughout his tenure, he played a crucial role as a board member and observer for several startups, including Atlys, Meesho, Cars24, Unacademy, Zetwerk, and Urban Piper, among others.
In a LinkedIn post, Thakur expressed gratitude for his time at Peak XV, stating, “After an incredible 9+ years at Peak XV / Sequoia India, I have decided to embark on a new entrepreneurial journey. The next 10 years are going to be India’s golden digital decade, and our founders now have true belief to create the world’s best companies from India.”
His resignation follows a series of notable departures from Peak XV. Last month, managing partners Shailesh Lakhani and Abheek Anand stepped down after serving for more than a decade. Earlier, Anandamoy Roychowdhary, a key figure at Peak XV’s Surge, exited after an 11-year stint, while former Managing Director Piyush Gupta left to establish his secondary-focused fund, Kenro Capital.
On the other hand, Peak XV has also seen some former members return. Rishen Kapoor, co-founder and CEO of SaaS startup Toplyne, rejoined the firm after his startup shut down.
Peak XV has been recalibrating its investment strategy in response to shifting market dynamics. In October last year, the firm trimmed its $2.85 billion fund by 16% to adopt a more measured investment approach amid rising valuations in the Indian market. This strategic adjustment came a year after its transition from Sequoia Capital to Peak XV.
Thakur’s next move will be closely watched, given his deep industry experience and the growing momentum in India’s startup ecosystem.
