Peak XV Partners | Page 3

Along with Livspace, Country Delight, Believe, Pickup Coffee, and DALI, K12 Techno will become a part of Venturi Partners' portfolio of consumer-focused investments in India and Southeast Asia.

Existing investors Salesforce Ventures and Peak XV Partners also participated in the capital round, increasing Atlan's total fundraising to almost USD 206 million.

The startups listed below have raised the most money this week [April 26–May 3]. Here's a quick synopsis of them:

Here are the Indian startups that announced early-stage funding rounds.

Bengaluru-based luggage brand Mokobara aims to use the raised funds to expedite retail and global expansions in FY24.

IDG Ventures India changed its name to Chiratae Ventures in 2018 and Inventus India rebranded the company as Athera Venture Partners in 2022 to reiterate their vision and focus. In addition, Sequoia Capital changed its name this year to Peak XV Partners, taking its cue from Mount Everest, whose previous name was Peak XV until it was changed.

The Bengaluru-based startup's financial problems, which include overstating revenues, have surfaced less than a year after it raised $20.6 million in its Series A round.

Due to portfolio conflicts and market turbulence, Sequoia Capital announced last week that its India and China funds would separate and operate independently. Peak XV Partners will be the name of the India operations. The company's management is still the same.