CosmicTaco

Peak XV's Lucrative Porter Exit: 10X Returns

CosmicTaco · 2025-05-17T13:07:46.012990+05:30

- Peak XV Partners has achieved a substantial return, exiting its investment in Porter with a payout close to INR 1,200 Cr from an initial investment of INR 116 Cr. - Porter recently became a unicorn after securing $200 million in funding, with significant secondary share sales from Peak XV and Kea Capital. - New investors Kedaara Capital and Wellington Management joined the funding round, with Porter planning to expand operations and support MSMEs. - Peak XV has a history of lucrative exits and has raised over $22.99 billion in investments since its founding in 2006. - The VC firm is focusing on raising its first independent fund post-Sequoia separation, aiming for $1.2 - 1.4 billion. Source: [Inc42](https://inc42.com/buzz/peak-xv-scores-nearly-10x-return-from-porter-exit/)

Peak XV Partners has achieved a substantial return, exiting its investment in Porter with a payout close to INR 1,200 Cr from an initial investment of INR 116 Cr.
Porter recently became a unicorn after securing $200 million in funding, with significant secondary share sales from Peak XV and Kea Capital.
New investors Kedaara Capital and Wellington Management joined the funding round, with Porter planning to expand operations and support MSMEs.
Peak XV has a history of lucrative exits and has raised over $22.99 billion in investments since its founding in 2006.
The VC firm is focusing on raising its first independent fund post-Sequoia separation, aiming for $1.2 - 1.4 billion.

Source: Inc42