Peak XV has Rs 16,000 crore for investment; AI to be in focus: Rajan Anandan

Venture capital firm Peak XV Partners has “about Rs 16,000 crores of dry powder” ready for investment in startups, managing director Rajan Anandan said on Thursday.

“There’s no shortage of capital. We just want more people starting up in AI. Just within Peak XV, we have over 25 AI investments that we’ve made till date,” he said.