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Новости за 02.10.2024

Big IT expects growth momentum to continue in September quarter

Economictimes.indiatimes.com 

India’s software service providers will report their July-September quarter results in the coming week, and analysts expect them to be better than the first quarter on the back of deal revival and an improvement in business sentiment in North America.

Peak XV downsizes its $2.85 billion fund by 16% a year after Sequoia US-India split

Economictimes.indiatimes.com 

Venture capital firm Peak XV Partners, formerly Sequoia Capital India, has pared the size of its $2.85 billion fund by 16% more than a year after it split from Silicon Valley-based investor Sequoia Capital. Peak XV’s eighth India and Southeast Asia-dedicated fund will see its corpus being cut by $465 million with the bulk of the reduction coming in its growth-stage.