# Peak XV Partners

Type: Company

Source: AI Intelligence Brief — https://getaibrief.com/entity/peak-xv-partners
Canonical HTML page: https://getaibrief.com/entity/peak-xv-partners

## Timeline

- **2026-03-16**: Series C Funding — Secured $36 million led by Susquehanna Asia VC to accelerate AI roadmap.
- **2024**: Series B Funding — Raised $20 million co-led by Peak XV Partners and Elevation Capital.
- **2024**: Global Expansion — Expanded operations into the UAE, US, UK, and Australia.
- **2021**: Company Founded — Mohak Nahta launches Atlys; raises seed funding from Andreessen Horowitz.

## Recent coverage (4 stories)

### Elevation Capital bets $500M on India's AI app layer, dismissing global lag claims
2026-07-24 01:38:26 · Sentiment: Bullish · Impact: 7/10 · Sources: 2

Elevation Capital's $500 million ninth fund exclusively targets AI startups at the application layer, challenging the narrative that India is behind in AI. The partners emphasize undersupplied expertise and a billion-user market, framing India as a soon-to-be AI powerhouse.
Full story: https://getaibrief.com/story/elevation-500m-ai-app-layer-india

### Sarvam AI Raises $234M to Train Frontier AI Models with 30B-105B Parameters
2026-06-16 00:29:36 · Sentiment: Very Bullish · Impact: 8/10 · Sources: 8

The funding will advance Sarvam's research on next-gen AI models up to 105 billion parameters, targeting agentic AI, coding, and cybersecurity. Its end-to-end stack includes open-source models tailored for Indian languages, aiming for affordable, sovereign intelligence at India's scale.
Full story: https://getaibrief.com/story/sarvam-ai-234m-frontier-models-30b-105b

### Sarvam’s $234M raise fuels sovereign AI: models from 30B to 105B params, agentic roadmap
2026-06-15 15:54:09 · Sentiment: Very Bullish · Impact: 7/10 · Sources: 2

For AI practitioners, Sarvam’s funding means acceleration of open-source, India-trained models with a focus on agentic AI, coding, and cybersecurity. The HCLTech partnership provides real-world deployment channels.
Full story: https://getaibrief.com/story/sarvam-sovereign-ai-models-funding

### Atlys Secures $36M Series C to Scale AI-Driven Visa Infrastructure
2026-03-17 00:29:16 · Sentiment: Bullish · Impact: 7/10 · Sources: 4

Atlys has raised $36 million in a Series C funding round led by Susquehanna Asia VC to accelerate its AI-native visa processing platform. The capital will fuel international expansion and the development of automated document verification and eligibility assessment tools.
Full story: https://getaibrief.com/story/atlys-raises-36m-series-c-ai-visa-processing

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