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Ex Peak XV trio launches Mettle Capital while fintechs scramble for licences
Technology
Published on 14 May 2026
A new VC vehicle is taking aim
Three former Peak XV Managing Directors have launched Mettle Capital to back Indian startups, marking a sharp new chapter after their abrupt exit from the VC firm. The move lands amid intensifying fintech pressure, with players now hunting for licences as regulatory clarity and funding dynamics shift quickly across the sector.
- Three former Peak XV MDs form Mettle Capital
- Focus is on backing Indian startups
- Fintechs face growing licence hunting pressure
- Regulatory and funding shifts reshape the sector
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times