Peak XV’s big bets on Indian startups; How Tally stayed relevant for 40 years
Indian startup founders are increasingly aspiring to build companies worth $50 billion or even $100 billion, a shift that is prompting venture capital firms such as Peak XV Partners to take bigger risks, according to its Managing Director Mohit Bhatnagar.
Peak XV, a venture capital firm, is making larger investments in Indian startups. The firm's Managing Director, Mohit Bhatnagar, attributes this strategy to the rise in ambition among Indian founders and the increasing acceptance of startups in India's public markets. During a fireside chat at TechSparks 2026, Bhatnagar highlighted the transformative impact of AI, emphasizing that startups should focus on building for the global market while maintaining a presence in India.
Meanwhile, Tally Solutions, an accounting software company founded in 1986, has managed to remain relevant for nearly four decades. Tally's Managing Director, Tejas Goenka, and Executive Director, Nupur Goenka, discussed the company's enduring success at TechSparks 2026. Central to Tally's longevity, Nupur Goenka pointed to the company's commitment to ownership, including its in-house database, memory manager, and proprietary programming language.
Tejas Goenka emphasized the importance of low post-purchase costs, a principle that guided the company's early days when each release was shipped with a one-person support team. Looking ahead, Tally intends to expand into new regions, particularly the Middle East and Africa, recognizing this as an opportunity to create a significant technology company in India.
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