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.

10 transformations of last decade put India's economy on a rocket; target $8 trillion economy…

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.

Sequoia India is now Peak XV Partners

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A podcast 🎙

1947 VC ✨

From Boxing Champion to Venture Capitalist ⭐️

Inside the ring with Annelie Ajami.
Our conversation is live.

We covered:
- Early life
- The founding story of Anamcara
- Fundraising experience & challenges
- Biggest mistakes and lessons learned.
- Tech ecosystem in Europe
- Portfolio companies
- Fostering personal connections with Founders
- What is Annelie's day like?
- Finding energy outside of work
- Psychology and manifestations
- Beyond work
And much more!

Full conversation: https://bit.ly/3MNCsMj

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Worth your attention

1. Bus Transport Tech Co Chalo Raises $45m Link

2. Spacetech startup Pixxel raises $36 million in funding from Google, others Link

3. Less than 50% of Indian unicorns will end up making money for their investors: A91 Partners’ Abhay… Link

4. There is no real ecosystem for deep tech in India: Accel’s Prashanth Prakash Link

5. EV startup River raises $15 million led by Al Futtaim Group Link

6. Startup funding tanks 79% in 5 months of 2023 as funding winter worsens Link

Hey there, awesome folks! Big props for checking out my piece. If you’ve got any thoughts, feedback, or questions, hit me up on Twitter!