✉news BusinessStartups first seen 7 h ago, last 53 min ago, peak #3
Peak XV Raises Surge Seed Investment Cap to $5M
Original: Peak XV ups Surge seed investment ceiling to $5M, unveils 18-startup cohort
Venture firm Peak XV Partners has increased the maximum seed investment for its Surge accelerator program to $5 million and announced a new cohort of 18 startups. The move is being reported by TechCrunch and is seen as a sign of intensifying competition for early-stage deals among major venture investors backing startups in India and Southeast Asia.
Why now: A major venture firm raising its seed cheque size and unveiling a new startup cohort is notable news for founders and investors tracking early-stage funding.
Peak XV PartnersSurgeTechCrunch
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