India, Feb. 10 -- Inside Peak XV's Uneasy State

Peak XV Partners can't seem to keep its top partners around. Earlier this month, the VC major saw three senior-level exits amid simmering tensions over power concentration, carry, and legacy inside the firm. So, why is Peak XV suddenly facing a succession test?

A Pattern Of Exits: What looks like a sudden departure seems to have been building for close to two years now. At least eight partners have left Peak XV in the last 12-18 months, alongside 50 employees across incubator Surge, as well as marketing, product and advisory roles.

The Faultlines: At the heart of the departures lies the classic struggle over influence and economics. Insiders describe decision-making at Peak XV as highly c...