Now, Peak XV’s Shraeyansh Thakur Quits To Turn Entrepreneur

In yet another exit at Peak XV Partners, Shraeyansh Thakur, an investor at the VC firm, has decided to quit to embark on an entrepreneurial journey.

Announcing his exit on LinkedIn, Thakur said, “After an incredible 9+ years at Peak XV / Sequoia India, I have decided to embark on a new entrepreneurial journey.”

However, he added that he would continue to be with Peak XV for the “next several months”. He didn’t specify what kind of venture he is looking to launch.

According to Thakur’s LinkedIn profile, he joined the VC firm (Sequoia Capital India then) in 2015. He is an active investor and a member of the board of startups such as Meesho, CARS24, DailyHunt, Unacademy, Zetwerk, among others.

Prior to joining the VC firm, Thakur worked as an analyst with RBS and Standard Chartered Bank.

The development comes at a time when Peak XV has seen a series of top-level exits in the past. Last month, Shailesh Lakhani and Abheek Anand, two managing directors at Peak XV, announced their departure from the firm.

In November last year, Anandamoy Roychowdhary quit. Prior to that, Piyush Gupta left the VC firm after a seven-year tenure to float his new secondaries-focussed fund, Kenro Capital.

Sequoia Capital India entered India in 2006 by acquiring a team at WestBridge Capital. Since then, it has become a prominent investor in the Indian startup ecosystem. It has backed a number of big names like CRED, Meesho, Groww, Mamaearth, and Unacademy, among others.

In 2023, Sequoia Capital went through a major restructuring and divided its operations into three entities. Its India and South Asia operations were rebranded as Peak XV Partners.

Peak XV recently offloaded 1% of its stake in Freshworks for $52 Mn (around INR 454 Cr). Moreover, it made 10X returns, valued at INR 800 Cr, from its Minimalist exit following the D2C skincare brand’s acquisition by FMCG major Hindustan Unilever.

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