Shraeyansh Thakur, an investor at Peak XV Partners, has resigned after working there for almost ten years. In the last 12 months, this is the fifth high-profile departure from Peak XV.

One of the individuals, who asked to remain anonymous, stated, "Shraeyansh Thakur has chosen to exit the firm and is likely to begin his own endeavor soon."

He served as a board member and observer for companies such as Atlys, Meesho, Cars24, ApnaMart, Unacademy, Zetwerk, Urban Piper, and Bijnis when he was employed at Peak XV.

Shailesh Lakhani and Abheek Anand, Managing Partners of Peak XV, resigned last month after more than ten years in office. Before that, Piyush Gupta, the managing director at the time, left after seven years to start his secondary-focused fund, Kenro Capital, while Anandamoy Roychowdhary, a partner at Peak XV's Surge, left after more than 11 years.

Following the closure of his three-and-a-half-year-old business, Rishen Kapoor, Co-Founder and CEO of SaaS startup Toplyne, has rejoined Peak XV Partners. Peak XV cut its $2.85 billion fund by 16% in October of last year as part of a strategic move to invest more cautiously in the face of high Indian market valuations.

A year had passed before Sequoia Capital changed its name to Peak XV when this occurred.

"After an incredible 9+ years at Peak XV / Sequoia India, I have decided to embark on a new entrepreneurial journey. The next 10 years are going to be India’s golden digital decade and our founders now have true belief to create the world’s best companies from India," said Thakur in a Linkedin post.