Peak XV Partners appoints former Fractal executive Shelly Singh as an operating partner in its US office to bolster its focus on AI deals and support portfolio companies.
Why it matters
This appointment signifies Peak XV Partners' strategic deepening of its commitment to the AI sector, particularly within the competitive US market. By bringing in an experienced executive from a prominent AI company like Fractal, Peak XV aims to enhance its ability to identify promising AI startups and provide valuable operational support to its portfolio companies, ultimately driving growth and innovation in the AI landscape.
A venture capital firm that invests in startups is hiring a new person with experience in AI companies. This person will help the firm find and support other AI companies they invest in.
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