Shraeyansh Thakur Resigns from Peak XV Partners

Shraeyansh Thakur, an investor at Peak XV Partners, has announced his resignation after nearly a decade of service at the venture capital firm, according to sources familiar with the matter. This resignation signifies the fifth notable departure from Peak XV in the past 12 months.

According to an anonymous source, “Shraeyansh Thakur has chosen to leave the firm and is expected to initiate his own venture shortly.”

Throughout his time at Peak XV, he held positions as a board member and observer for various startups including Atlys, Meesho, Cars24, ApnaMart, Unacademy, Zetwerk, Urban Piper, and Bijnis, among others.

Inquiries directed to both Peak XV and Thakur did not receive any responses prior to the publication of this article.

In a post on LinkedIn, Thakur stated, “After an incredible 9+ years at Peak XV / Sequoia India, I have made the decision to begin a new entrepreneurial path. The next decade is poised to be India’s golden digital decade, and our founders now possess genuine conviction to build the world’s best companies from India.”

Last month, the managing partners of Peak XV, Shailesh Lakhani and Abheek Anand, also stepped down after more than ten years in their roles. Prior to these exits, Anandamoy Roychowdhary, a partner from Peak XV’s Surge, left following an 11-year tenure, while Piyush Gupta, who was Managing Director, departed after seven years to establish his secondary-focused fund, Kenro Capital.

In an interesting turn of events, Rishen Kapoor, the co-founder and CEO of SaaS startup Toplyne, has rejoined Peak XV Partners following the closure of his three-and-a-half-year-old venture.

Last October, Peak XV amended its $2.85 billion fund, cutting it by 16% as part of a tactical shift to invest more cautiously in light of the heightened valuations present in the Indian market. This adjustment occurred a year after Sequoia Capital transitioned its branding to Peak XV.