The quick scale-up programme Surge by Peak XV for early-stage companies has announced that its 10th cohort will begin in India in October. August 15, 2024 is the deadline for applications. The Surge project will end in October in the United States.

Piyush Gupta, managing director of Peak XV Partners, is reportedly departing the company at the end of this month. Sources close to the situation claim that Gupta is launching a fund with a secondary focus after leaving Peak XV.

Venture capital firm Peak XV—formerly known as Sequoia Capital India—announced the launch of the Spark 03 startup cohort, which consists of 14 startups led by 16 women.

Marketplace for home furniture, decor, and accessories Vaaree secured $ 4 mn in seed financing led by Surge, a fast scale-up programme from Peak XV (formerly Sequoia Capital India & SEA) with participation from PeerCapital, All In Capital, and Better Capital.

As part of its ninth cohort, Surge, Peak XV Partners' scale-up programme for early-stage startups, picked 13 startups with an eye on deep technology, artificial intelligence, technological advancement.

Aampe, a platform for AI messaging and user engagement, secured $7.5 million as part of new funding led by Matrix Partners India and Peak XV Partners (previously Sequoia Capital India).