Thank you grapevine to inform entire eco system whic h VC to avoid

Analyst

Literally any other VC fund would have been a better choice. Peak XV (f.k.a sequoia india) will make sure to intervene and destroy the company.

Investor

Exclusive: Peak XV acquires over 21% stake in Grapevine

Exclusive: Peak XV acquires over 21% stake in Grapevine- Grapevine

Welcome to Indian Startups's Private Community

https://entrackr.com/2023/10/exclusive-peak-xv-acquires-over-21-stake-in-grapevine/

Grapevine received funding 🎊

Technical Director

Welcome to News Discussion's Private Community

This platform is now gonna scale, but isn’t 21% too much? Thoughts pls.

PeakXV holds over 21% of Grapevine

Product Manager

Anonymous social media platform Grapevine has raised its seed round led by Peak XV Partners (formerly Sequoia India).

Peak XV acquires 21% stake in Grapevine!

Software Engineer

What does this mean for users at Grapevine? Is this data collection for the future. Anonymous messaging services but what is the ultimate end goal here.

Thoughts

Customer success

Did sequoia have an ownership target? How does your team and you feel post the funding? What can we expect as a next step? How soon will the monetisation bug kick in?

https://entrackr.com/2023/10/exclusive-peak-xv-acquires-over-21-stake-in-grapevine/

Grapevine funding analysis

Product Owner

Congratulations Grapevine team.. Finally, they raised funding from Peak XV Partners.. Time to DM founders for a job 😂

Grapevine Raised Funding 💸💸

Equity research

It announced fundrise from peakXV (previously Sequoia).

From what I can deduce, they diluted a bit too much. But, I hope that the founding team makes a good one from this!

Cheers Michael bhai!

Badhai ho grapevine!

With a graveyard of troublesome start-ups!

Peak XV to invest in grapevine?

Growth Manager

As reports suggest that grapevine is raising money from Peak Fifteen (previously Sequoia), will they allow negative posts about their portfolio companies on the platform?

Peak Fifteen has a record of controlling the media narratives for their portfolio companies before, hope they don't kill this platform!

A thought on grapevine 💭

- Peak XV sold 1.23 Cr shares worth INR 610.98 Cr, while Sequoia Capital Global offloaded 28.71 Lakh shares worth INR 142.12 Cr.
- Morgan Stanley and ICICI Prudential bought shares worth INR 119.67 Cr and INR 142.49 Cr, respectively.
- Honasa's shares slumped 5.48% on the BSE after touching a record high of INR 546.5 earlier in the week.
- The startup's profit after tax jumped 62.9% to INR 40.2 Cr in Q1 FY25, with operating revenue growing 19.3% YoY to INR 554 Cr.
- Brokerages remain bullish on Honasa's house of brands strategy, with Emkay giving a price target of INR 525 by June 2025. 

 Source: [Inc42](https://inc42.com/buzz/fireside-ventures-peak-xv-others-dump-honasa-shares-worth-inr-1602-cr/)

Exclusive: Peak XV acquires over 21% stake in Grapevine

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