Peak XV’s early Pine Labs bet lands $1 billion+ in likely gains
Published on: Nov. 14, 2025, 6 a.m. | Source: The Economic Times
According to two people in the know, the venture capital firm had invested around $35 million in total into Pine Labs and liquidated around $550 million through stake sales over multiple funding rounds. At a pre-IPO level, Peak XV held 20.25% in the company, with its stake valued around $570 million.
