One more senior exit at Peak XV. What’s behind the churn at India’s largest venture-capital firm?

Harshjit Sethi, managing director at Peak XV and the firm’s AI investment lead, has resigned, marking yet another senior exit. His departure follows the exits of longtime partners Shailesh Lakhani and Abheek Anand, raising fresh questions about India’s largest venture-capital firm.

And the timing is striking: Peak XV is also on the verge of its biggest payday yet, with upcoming IPOs from Groww, Pine Labs, and Meesho that could deliver billions.

In this episode, we look at the paradox of Peak XV’s best year colliding with its worst, and what it means for its global ambitions.

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