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Ex Peak XV trio launches Mettle Capital aiming $400 million for Indian Series A and B startups

Startups
Published on 14 May 2026
Ex Peak XV trio launches Mettle Capital aiming $400 million for Indian Series A and B startups

They plan to deploy capital by September October

Three former Peak XV Partners have launched Mettle Capital, targeting a $350–400 million venture fund to back Indian startups. The firm will focus mainly on Series A and B rounds, with selective seed investments. After aiming to close fundraising within the next quarter, it expects to start deploying capital by September–October.

  • Mettle Capital launched by three ex Peak XV partners
  • Targets $350 to $400 million for the new fund
  • Invests primarily at Series A and B, plus selective seed bets
  • Plans to close funding in a quarter and deploy by Sep Oct
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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