Anirudh Mullick, the Director of Human Resources (HR) at Peak XV Partners, is set to leave the company after over 14 years of service, sources familiar with the matter confirmed to IndianStartupNews (ISN). Mullick, who joined the firm in 2010, played an instrumental role in shaping the firm’s human capital strategy, being promoted from Vice President (VP) to a key leadership position. He was also the first hire in the company’s human resources team.
Throughout his tenure, Mullick reported directly to the Chief People Officer, Saipriya Sarangan. According to sources, he may be venturing into the world of consulting, with plans to start his own Human Capital consulting firm after his successful run at Peak XV Partners.
Mullick’s departure adds to the growing list of high-level executives who have recently left the investment firm. His exit follows that of Gayatri Yadav, the Chief Marketing Officer (CMO), as well as Managing Director Piyush Gupta and Surge Partner Anandamoy Roychowdhary. Moreover, Shweta Rajpal Kohli, the company’s Chief Public Policy and Communications Officer, also left to start her own firm. These departures have occurred within a 12-15 month period.
During his long tenure, Mullick was central to the growth of Peak XV Partners, especially in hiring top-tier talent. As stated on his LinkedIn profile, he led a team of talent specialists responsible for recruiting high-impact professionals for Sequoia-backed companies across India, Southeast Asia, and the Middle East and North Africa (MENA) regions. His work extended beyond just recruitment; Mullick played a vital role in helping portfolio companies hire CXOs, board members, and key leaders in engineering and product development.
Reflecting on his career, Mullick shares: “While MNCs often hire clones, startups hire company builders and hyper-growth leaders. I saw how a single leader could change the trajectory of a company. I witnessed how dreams turned into reality and reality evolved into thriving companies.”
Before joining Peak XV Partners, Mullick worked at Executive Access for more than seven years, from 2003 to 2010.
Peak XV Partners has not responded to inquiries about Mullick’s departure. However, recent reports indicate that the firm returned around $465 million of capital to investors as part of a strategic move to downsize its fund and adopt a more selective investment approach. Despite the high-profile departures, Peak XV’s investment team remains stable, allowing the firm to continue backing promising startups. Additionally, the firm is now hiring for more junior roles as it doubles down on its focus within the startup ecosystem.
