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The funding round was led by Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital.
The coordinated exit of Ashish Agrawal, Ishaan Mittal and Tejeshwi Sharma comes at a time when Peak XV is in the middle of closing its first fully independent fund of $1.2-$1.5 billion.
Ashish Agrawal, Ishaan Mittal and Tejeshwi Sharma are leaving to start a new venture capital firm.
The AI startup had last raised $13 billion as part of its Series F funding round in September last year.
This report by The Head and Tale is the most comprehensive, portfolio-first examination of Peak XV's fintech and financial services playbook to date.
Over the past three years, millions of young investors bought their first stock on Groww. Now, it's listing itself to the very users who made it India’s largest broker.
Earlier in February, Sesame had showcased its early demo of its voice model through two characters: Maya and Miles.
New investors CapitalG and Sapphire Ventures also joined the funding round.
The top VC firm over the past year has seen a series of exits of its managing directors, including Shailesh Lakhani, Abheek Anand, Piyush Gupta.
Foxhog and its CEO Tarun Poddar are swiftly stepping into government corridors, IIT campuses, and media conclaves – all to burnish their image as a VC player.
The fresh capital takes the company's total equity fundraise across seed, Series A and Series B rounds in the last 10 months to about $93 million.
The Noida-headquartered company has been reportedly planning to float its IPO by the end of this year.
And for those curious minds, The Head and Tale has learnt that the settlement wasn’t unanimous.
