Peak XV has increased the seed investment ceiling for its Surge accelerator program to $5 million, supporting a new cohort of 18 startups, according to TechCrunch. This marks a significant expansion from previous funding limits, aimed at fostering innovation and growth among early-stage companies.
Of the 18 startups in the latest Surge cohort, 13 are focused on global markets, with more than half headquartered in India. This highlights the program’s international reach and its emphasis on scaling startups beyond domestic boundaries.
For Japanese investors and market participants, this move underscores the growing importance of cross-border seed investments and the expanding startup ecosystem in Asia, particularly India, which continues to attract global capital and innovation.