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Peak XV raises Surge seed cap to $5M, reveals 18-startup cohort

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Peak XV Partners has increased the maximum seed investment under its Surge accelerator program to $5 million. The firm has simultaneously announced its latest Surge cohort, comprising 18 startups. More than half of the selected startups are headquartered in India. However, 13 of the 18 companies are targeting global markets rather than focusing solely on domestic opportunities.

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