Shraeyansh Thakur, a Peak XV Companions investor, has exited the enterprise agency after 9 years to pursue entrepreneurship, marking the newest in a string of high-profile departures at considered one of India’s largest VC.
Thakur, who joined Sequoia Capital India (now Peak XV) in 2015, introduced his departure in a LinkedIn publish, citing his “lengthy dream” to construct an organization.
Thakur, who lead investments in companies like Unacademy and Atlys, will stay with the VC for a number of months to help portfolio firms.
His exit follows a sequence of high-profile departures on the agency, which has struggled to retain senior management since splitting from Silicon Valley’s Sequoia Capital in June 2023.
Peak XV Companions, India’s largest enterprise capital investor, has seen its fame challenged by governance crises at marquee portfolio firms like BYJU’S and Zilingo, alongside a broader market slowdown, The Captable had reported.
Thakur’s exit underscores a expertise drain at Peak XV. Managing Administrators Shailesh Lakhani and Abheek Anand, who oversaw key offers equivalent to Zetwerk and Blinkit, exited earlier this month after 17 and 12 years, respectively.
Thakur’s departure additionally provides to considerations about succession planning on the agency, which downsized its $2.85 billion fund by 16% in 2024 and minimize administration charges.
Whereas Peak XV has publicly denied rumors of extra partner-level departures, The Captable had reported that senior attrition has rippled past the funding staff to essential verticals, together with Surge (its flagship seed-stage program), advertising and marketing, coverage, HR, and IT operations.
The exits, which started shortly after its break up from Sequoia Capital in 2023, embody high-profile names equivalent to Piyush Gupta, Peak XV’s Singapore-based managing director, who left in March 2024 to launch secondary-focused Kenro Capital.
