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The funding round was led by Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital.
Ashish Agrawal, Ishaan Mittal and Tejeshwi Sharma are leaving to start a new venture capital firm.
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.
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.
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.
