VC firm Peak XV's Surge Partner Anandamoy Roychowdhury quits

Anandamoy Roychowdhary, a partner at Peak XV Partners’ Surge program, has left the firm after a tenure spanning over 11 years.

His departure, effective Nov. 30, marks the second senior-level exit from the venture capital firm in less than a year, following Piyush Gupta’s exit earlier this year.

Career at Peak XV Partners

Roychowdhary joined the firm, previously known as Sequoia Capital India, in February 2013 as Director of Technology. Over the years, he transitioned into a role as a trusted advisor for technology in key portfolio companies such as Byju’s.

In June 2023, he was elevated to Partner in the Surge program, a startup accelerator initiative within Peak XV. 

While his decision to leave the firm has reportedly been in progress since May, Roychowdhary’s future plans remain undisclosed.

On X (formerly Twitter), he shared a poetic message reflecting on his departure: "Petal wafts from the rose, drawn by dreams of mastery. Cedes post Nov 30th."

" Petal wafts from the rose, drawn by dreams of mastery. cedes post nov 30th" . peakxv 2013-24

— Anandamoy Roychowdhary (@smdcmc) November 29, 2024

Roychowdhary’s exit comes amidst a series of strategic shifts at Peak XV Partners. The firm rebranded from Sequoia Capital India to its current name and reduced the size of its $2.85 billion fund by 16%, or $465 million.

The decision returned uninvested capital to sponsors and limited partners. Additionally, the firm revised its fund manager compensation structure to align with industry standards, adopting a 2/20 model with a potential carry "catch-up" to 30%.