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Early-stage investor & advisor

📢 New Secondary VC Fund Launched 🌟 🚀Piyush Gupta, an operating leader at Peak XV Partners, is leaving to launch his own secondary-focused VC fund, sources tell TechCrunch exclusively. 🤝Gupta joined Peak XV, formerly known as Sequoia Capital India & SEA, in 2017, leading the influential venture firm’s strategic development team. Before joining Peak XV, he focused on similar things – mergers, acquisitions, and IPOs – at Morgan Stanley and Deutsche Bank for more than a decade. 🏃♂️Gupta, who led strategic development at Peak XV is departing on amicable terms. While not an investing partner, he played a vital role in programs like Pitstop, connecting investors with portfolio startups. 🎌Peak XV announced plans for a perpetual fund at its recent gathering, while Gupta gears up to launch his secondary-focused fund. Despite his departure, Peak XV intends to collaborate with Gupta on transactions involving its portfolio firms. 📈Secondary transactions are surging in India, with Peak XV witnessing exits like Pine Labs, Zomato, and GoColors through such deals. Gupta's involvement in various transactions, including PayPal's investment in Pine Labs and CPPIB's investment in BYJU'S’s, highlights his expertise in the field. Gupta's move signifies the growing trend of professionals venturing into secondary-focused funds. ✅ Looking to raise capital for your #fund and increase the international pool of your LP #investors?   🤝 Need warm #LP introductions?   📝 Selling #secondaries to increase liquidity?   🧐 Looking for co-investments?   ▶ G+QUANT's link for inquiries and fund decks: https://lnkd.in/gjC_EuTE #VentureCapital #SecondaryTransactions #StartupEcosystem 🌱💼

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