The early-stage venture capital arm of Peak XV Partners, Surge Ventures, led the Rs 43.71 crore (or $5.2 million) initial fundraising round for SalarySe, an app that provides financial assistance to salaried workers.

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.

Gan.ai, a video creation platform utilizing generative artificial intelligence, announced has secured $5.25 million in seed funding. Surge, Sequoia

Health and home-focused house-of-brands, Pratech Brands has raised $3 million from Sequoia India’s `Surge’, to build a health and wellness