# Peak XV

Type: Company

Source: Startup Intelligence Brief — https://getstartupbrief.com/entity/peak-xv
Canonical HTML page: https://getstartupbrief.com/entity/peak-xv

## Timeline

- **2026-08-08**: Pre-Series A Announcement — Superleap announces INR 36 crore pre-Series A funding led by Peak XV's Surge to build AI-native CRM category and expand enterprise go-to-market.
- **2026-06-30**: Updated DRHP Filed — Public filing of updated draft red herring prospectus for Rs 6,650 crore fresh issue IPO.
- **2026-06**: SEBI Approval — SEBI approved the IPO proposal earlier this month.
- **2025-12**: Confidential DRHP Filing — PRISM submitted confidential draft papers to SEBI for the current IPO.
- **2025-09**: Name Change to PRISM — Oravel Stays rebranded to PRISM to reflect global portfolio across stays and co-working.
- **2024**: G6 Hospitality Acquisition — Acquired Motel 6 and Studio 6 brands from Blackstone for US expansion.
- **2023**: Confidential DRHP Pre-filed — Company pre-filed draft IPO papers but did not proceed with the public issue.
- **2021-09**: First DRHP Filed — OYO filed a $1.2 billion IPO at an $11-12 billion valuation, later postponed due to market conditions.
- **2012**: OYO Founded — Ritesh Agarwal starts Oravel Stays, later rebranded as OYO.

## Recent coverage (5 stories)

### Wispr Flow's $280M Series B triples valuation to $2B in 9 months
2026-08-18 00:23:11 · Sentiment: Strongly positive · Impact: 7/10 · Sources: 2

For startup founders and VCs, Wispr Flow's rise from $700 million to $2 billion in nine months shows how fast capital is concentrating in AI application-layer companies. The $280 million Series B drew existing and new backers, bringing total funding to $361 million.
Full story: https://getstartupbrief.com/story/wispr-flow-2b-series-b-startup-valuation

### Superleap’s INR 36 Cr Pre-Series A Puts AI-Native CRM on the Startup Map
2026-08-08 16:57:12 · Sentiment: Neutral · Impact: 5/10 · Sources: 2

Bangalore-based Superleap has secured INR 36 crore in pre-Series A funding from Peak XV’s Surge to disrupt the CRM market with an AI-native platform. With a 10x growth trajectory and a founding team that previously built Unacademy’s in-house CRM, the startup is poised to challenge legacy incumbents in India.
Full story: https://getstartupbrief.com/story/superleap-36cr-pre-series-a-ai-native-crm

### After 3 IPO Attempts, OYO Parent PRISM Eyes $7-8 Bn Valuation
2026-06-30 06:41:30 · Sentiment: Positive · Impact: 7/10 · Sources: 2

PRISM, having raised $3.7 billion and pivoted to profitability, files its third IPO attempt at a $7-8 billion valuation—down from $11-12 billion. SoftBank retains 40% as the company seeks to go public without investor exits.
Full story: https://getstartupbrief.com/story/prism-ipo-startups-journey

### Peak XV's $1.3B AI Bet: A New Chapter for India's Venture Landscape
2026-02-21 00:06:02 · Sentiment: Positive · Impact: 8/10 · Sources: 2

Peak XV Partners has committed $1.3 billion to double down on AI and emerging technologies in India. This strategic pivot signals a massive shift toward deep-tech as the firm seeks to maintain its dominance amid intensifying competition from global VC titans.
Full story: https://getstartupbrief.com/story/peak-xv-1-3b-ai-investment-india-vc

### Nvidia Deepens India Footprint with VC Partnerships and $1B National AI Push
2026-02-18 20:53:10 · Sentiment: Positive · Impact: 8/10 · Sources: 3

Nvidia is strategically aligning with top-tier venture capital firms Peak XV and Accel India to accelerate the subcontinent's AI startup ecosystem. This expansion coincides with India's $1 billion National AI Initiative, signaling a shift toward sovereign AI models and localized infrastructure.
Full story: https://getstartupbrief.com/story/nvidia-india-ai-vc-partnerships-national-initiative

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This page is a machine-readable summary. Sentiment measures the directional read of each development for this entity, not the tone of the reporting; impact weights consequence, not syndication reach. See https://getstartupbrief.com/guides/methodology for the full editorial methodology.