India, Feb. 11 -- Shailesh Lakhani and Abheek Anand, the two managing directors at Peak XV Partners, are set to leave the VC firm, sources close to the matter told Inc42.

Notably, Lakhani and Anand have been with the VC firm for more than 17 years and 12 years, respectively.

Taking to X, Lakhani said, "As my time at Peak XV/Sequoia India reaches 17.5 years, I've decided it's the right moment to step back from the firm. It has been an incredible journey-one that began in August 2007, when India's startup ecosystem was in its infancy, to today, where it stands as one of the most vibrant in the world. I wouldn't have traded this courtside seat for anything."

He said that he will now spend time with family while professionally, he has reac...