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Peak XV has reaped $1.2B in the year since it split from Sequoia


Peak XV Partners, the largest India-focused venture fund, has realized about $1.2 billion in exits since it separated from Sequoia last year.

Unsurprisingly, AI companies dominated the day, with startups looking to apply the technology to problems like estate planning and automating clinical trial data. Y Combinator CEO Garry Tan wants to bring the famed accelerator’s Demo Day presentations back as in-person events by the end of the year. Onstage during its Connect 2024 developer conference, Meta showed Hyperspace, a feature that lets users scan real-life spaces and explore them in VR.

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