Peak XV Backing Bigger Bets As Founder Ambitions Grow: Mohit Bhatnagar

15 Oct 2026, 11:03 am · 14h ago · 1 min read · YourStory

Speaking at TechSparks 2026 in Bengaluru, Peak XV Partners Managing Director Mohit Bhatnagar noted that Indian founders are increasingly aiming to build $50 billion to $100 billion enterprises. Bhatnagar highlighted that the domestic startup ecosystem has matured significantly, supported by public market appetite for tech listings such as Zomato. Peak XV has recorded 37 IPOs in India, with 22 occurring over the last five years. The cumulative market capitalization of publicly listed Indian startups has reached approximately $170 billion, compared to a fraction of that figure a decade ago.