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1947 Rise ☀️: 333
Transformed India, Peak XV and more!
1. 10 transformations of last decade put India’s economy on a rocket; target $8 trillion economy: Morgan Stanley
10 transformational changes that have happened in India over the last decade are now set to propel the country to doubling per capita income, doubling export market share, raising the share of manufacturing, boosting corporate profits, and significantly improving other economic health indicators, said Morgan Stanley..
In its latest report titled ‘How India has Transformed in Less than a Decade’, global investment bank accredited policy changes, such as DBTs, supply-side policy reforms, and modification of the IBC, that led to overwhelmingly positive changes, influencing India’s macroeconomic situation, global standing and local share markets for the better.
2. Sequoia India is now Peak XV Partners
Sequoia India and Southeast Asia, the largest venture capital firm in the region managing over $9.2 billion across 13 funds, will now be known as Peak XV Partners globally.
Peak XV will operate as a fully independent firm, the VC firm said in its statement.
The firm will continue to back founders from its current funds which include $2.5 billion ( ₹20,000 crore) of uninvested capital.
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