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Peak XV Partners shifts focus to US market amid Southeast Asia challenges
Peak XV Partners, spun off from Sequoia Capital, is shifting its focus from Southeast Asia to global markets, particularly the US, as it seeks to invest in startups targeting international audiences. The firm has ramped up its US presence, conducting immersion tours and hiring senior executives, while facing significant leadership departures in Southeast Asia, raising questions about its regional strategy. Notable investments in the US include AI-driven companies like Abita Healthcare and RapidCanvas, indicating a strong emphasis on artificial intelligence in its portfolio.
Founded in 1984, Jardine Matheson Holdings Limited operates across various sectors, including automotive, financial services, and property, with a secondary listing on the Singapore Stock Exchange. In Singapore, notable large-cap stocks include DBS Group Holdings, OCBC, and Singtel, with market capitalizations exceeding S$10 billion, reflecting their stability and maturity in the market.
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