Peak XV ups Surge seed investment ceiling to $5M, unveils 18-startup cohort
Thirteen of the 18 startups in Peak XV’s latest Surge cohort are targeting global markets, while more than half are based in India.
AI & ML
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Adobe acquires Indian market intelligence startup Rilo
This is Adobe's second acquisition out of India after Rephrase.ai in 2023
India’s Ringg gets backing from Peak XV as it pushes voice AI past the phone call
Ringg has raised $10 million from Peak XV as a part of its Series A extension.
AI code-testing startup Blacksmith’s valuation jumps almost 10x in less than a year
Blacksmith says revenue has grown more than tenfold over the past year.
Helion, the Sam Altman-backed fusion startup, raises $465M to build a power plant for Microsoft
Fusion startup Helion is racing to complete a power plant for Microsoft by 2028. A fresh infusion of cash should help with that.
General Catalyst just led a $63M bet on India’s travel payments market
Scapia, an Indian startup that combines travel booking with co-branded credit cards and mobile payments, said the deal doubles its valuation.
AI voice startup Vapi hits $500M valuation after winning Amazon Ring over 40 rivals
Vapi says its enterprise business has grown 10-fold since early 2025 as companies shift customer support and sales calls to AI agents.