✉news BusinessStartups first seen 5 h ago, last 23 min ago, peak #3
Peak XV raises Surge seed funding cap to $5 million
Original: Peak XV ups Surge seed investment ceiling to $5M, unveils 18-startup cohort
Venture capital firm Peak XV Partners has increased the seed investment ceiling for its Surge accelerator programme to $5 million and introduced a new cohort of 18 startups. The move strengthens one of the most prominent early-stage funding programmes in India and Southeast Asia, offering founders larger initial cheques amid renewed competition for promising startups in the region.
Why now: The larger cheque sizes and new cohort signal rising confidence and competition in early-stage venture funding in India and Southeast Asia.
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