Surge by Peak XV — Frequently Asked Questions
Answers to the questions founders most often ask about Surge by Peak XV — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
How much funding does Surge provide?
Surge invests seed capital ranging from $500,000 to $5 million (approximately ₹4.15 crore to ₹41.5 crore) from Peak XV.
What is the application deadline?
Surge has a rolling application process, meaning applications are accepted on an ongoing basis with no fixed deadline.
What stage of startups do you fund?
Surge focuses on early-stage startups that are ready to go from zero to one, helping them build foundational products and achieve initial market traction.
Is Surge limited to specific sectors or technologies?
No, Surge is open to a wide range of technology-driven sectors, seeking innovative solutions with high growth potential.
Can startups from outside India apply?
Yes, Surge is a global program welcoming founders from all nationalities, with a presence in US, India, Singapore, and UAE.
Does Surge require DPIIT or MSME registration?
No, there is no requirement for DPIIT or MSME registration mentioned.
Does Surge take equity?
Yes, Surge provides equity investment in exchange for seed capital.
What documents are needed to apply?
You will need to submit an online application with details about your startup, founding team, business model, market opportunity, and traction, along with a comprehensive pitch deck.
How do I apply?
Visit the Peak XV website and navigate to the Surge program application portal to submit your application and pitch deck.
Who is eligible to apply for Surge by Peak XV?
Surge by Peak XV is open to startups at any stage. It is open to startups registered anywhere in India.
Who offers Surge by Peak XV?
Surge by Peak XV is offered by Peak XV Partners, a venture-capital firm. It is provided as an investment.