Hello,One of India’s largest VC firms is bleeding executive talent.Managing Directors at Peak XV—Ashish Agrawal, Ishaan Mittal, and Tejeshwi Sharma—have left the company to set up their own venture capital firm. PeakXV added that this move was taken amid its focus on artificial intelligence and to make space for AI-native investors.Meanwhile, Indian markets are rallying in relief after US President Trump announced a trade deal to cut tariffs to 18% from 50% in exchange for India halting Russian oil purchases and lowering trade barriers.India has agreed to buy petroleum, defence products, and aircraft from the US, while partly opening up its agriculture sector, according to a Reuters report. Additionally, the country has lowered tariffs on imported cars to address Washington’s immediate demands.Along with lifting stock markets, the deal also provided much-needed support for the rupee, which has been in the doldrums as Asia’s worst-performing currency in January.Lastly, despite some siloed progress, the gender gap in Indian workplaces is far from being bridged. YourStory’s flagship women-focused event, SheSparks—scheduled for March 14 at IIT Delhi—aims to bring together women from all industries and walks of life to confront these realities while charting practical paths forward.Don’t miss your chance to be a part… Read MoreYourStory RSS Feed
