Peak XV folds Surge into broader early-stage investing amid executive exits, fewer cohorts

Peak XV Partners is reshaping its Surge seed-investing platform. The venture capital firm is integrating Surge more closely with its overall early-stage investment operations. This move follows team exits and a slower cohort intake. Surge will now offer up to $5 million per company. This recalibration aligns with broader trends among venture firms adjusting their seed-stage strategies.