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venture fundsTechCrunch
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75% Informative
Peak XV, the largest India and Southeast Asia -focused venture firm, is reducing the size of some of its funds and lowering fees.
The firm, which raised $2.85 billion funds in mid-2022 , informed its backers on Tuesday evening that it would cut $465 million from its 2022 vintage funds.
Peak XV’s rationale stems from growing apprehension about the frothy public market performance in India and a perceived dearth of venture-scale opportunities.
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