Peak XV Partners Shaken: 3 Star Executives Exit Amidst Groww Investment Profit Dispute

• Three top executives, Ashish Agrawal, Ishan Mittal, and Tejasvi Sharma, have suddenly left Peak XV Partners to start their own fund.
• Ashish Agrawal was instrumental in the highly successful Groww investment, which yielded a 75x return (Rs 17,300 crore) for Peak XV Partners.
• Ishan Mittal also had a successful bet on Razorpay, a fintech company preparing for listing.
• The departures stem from 'economic disagreements' over the handling of profits and carried interest from the Groww investment within the new fund structure.
• The dispute escalated rapidly, with Ashish Agrawal making the initial decision to leave, followed by the other two executives.