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Peak XV Partners has raised .3 billion for its first independent India fund following the split from Sequoia Capital. The new vehicle, ninth for the firm since 2006, will be almost half the size of its previous fund. The investment firm has backed Zomato, Meesho, Groww and Razorpay, with nearly 0 billion raised across funds since 2006. https://economictimes.indiatimes.com/tech/funding/peak-xv-partners-raises-1-3-billion-for-first-independent-india-fund-after-sequoia-split/articleshow/128613631.cms #India #Tech #News #PeakXV #VC

ValleyNXT Ventures launches Bharat Breakthrough Fund-I with Rs 400 crore to back seed to pre-Series A deep-tech startups. The SEBI-registered Category I VC fund will invest in space, defence tech, robotics, AI/ML, cybersecurity and biotech. https://entrackr.com/snippets/valleynxt-ventures-floats-rs-400-cr-fund-to-back-seed-to-pre-series-a-startups-11110461 #Tech #India #DeepTech #VC