Shailesh Lakhani and Abheek Anand, long-time managing directors at Peak XV Partners, are set to leave the venture capital firm. This marks the first top-level exit since Peak XV's spin-off from Sequoia in 2023.
The duo will continue on board with existing portfolio companies but will not make new investments. Lakhani's and Anand's future plans include focusing on AI and moving to San Francisco.
Peak XV still has a strong leadership team with 10 managing directors, despite recent senior exits in operations and portfolio services.