Peak XV Partners and HongShan Capital led a $48m Series B round in MarqVision.

Peak XV Partners, a venture capital and growth investing firm investing across India and Southeast Asia and HongShan Capital, a VC firm focused on seed stage, mid stage, late stage, and growth investments in the fintech sector, led a $48m Series B round in MarqVision an AI-powered software company that provides brand protection services to help companies combat counterfeits, piracy, and impersonation online with participation from Salesforce Ventures and Coral Capital. “Increasingly, top-tier investors are looking for technology companies that leverage AI not just to enhance productivity, but to fundamentally transform service delivery,” Lee explained. “AI is expanding the total addressable market for software from efficiency tools into the execution of the work itself — unlocking a market opportunity of over $10 trillion. While many early-stage companies are experimenting with AI to disrupt labor-intensive service industries, very few have reached the early-growth stage with the scale and traction,” Mark Lee, MarqVision Founder & CEO.