Peak XV ups Surge seed investment ceiling to $5M, unveils 18-startup cohort
Peak XV Partners raised the per-investment limit of its seed platform Surge from $3 million to $5 million and announced 18 start-ups in Surge 12. Investment in the batch exceeds $50 million, and the companies have collectively raised more than $90 million. Only five focus on India, while the other 13 target global markets.