Peak XV Partners, formerly known as Sequoia Capital India & Southeast Asia, will be setting up a new US-based team in the second half of 2023, according to sources aware of the matter.
The new team will be tasked with supporting its existing Indian and Southeast Asian startups, many of which are building cross-border teams to enter the US. This includes a sizeable portion of its Indian portfolio which comprises many software and SaaS startups with ambitions to enter North America, or who’ve already launched operations in the US.