Rs 23,000 crore in a month: How an Asia fund became silent winner in India's hottest IPO streak

Peak XV Partners, formerly Sequoia India, is reaping significant rewards from India's recent IPO surge. Four key portfolio companies, including Groww and Pine Labs, generated nearly Rs 23,000 crore in listing value and substantial cash gains. This success highlights the firm's strategy of early, sustained investment in high-growth ventures, bolstering its distribution track record.