TLDR:
Peak XV’s Piyush Gupta, a senior operating leader, is leaving the venture capital firm by the end of April to start a secondary-focused VC fund. He was instrumental in various investment deals during his tenure at Peak XV.
Key Points:
- Piyush Gupta is leaving Peak XV to start a secondary-focused VC fund.
- During his time at Peak XV, Gupta has been involved in significant investment deals, including Mastercard’s investment in Peak XV-backed Pine Labs and CPPIB’s investment in Byju’s.
Peak XV’s Piyush Gupta, a senior operating leader who joined the firm in 2017, will be leaving by the end of April to start a secondary-focused VC fund. Although not an investing partner, Gupta played a crucial role in various investment deals during his tenure at Peak XV. These deals include Mastercard’s investment in Peak XV-backed Pine Labs and CPPIB’s investment in Byju’s. Gupta plans to focus on secondary transactions, which are on the rise in India as investors seek exits from older bets.
