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Peak XV Unveils AI-Heavy Surge 11 Cohort of 23 Startups

The AI-heavy lineup underscores Surge's pull with founders during Peak XV's post-split fundraising.

Overview

  • The new intake spans India, the Asia-Pacific region and other markets, comprising 12 AI-led startups, four fintech ventures, four consumer brands and three infrastructure or developer-tools companies.
  • AI companies in the cohort target areas such as manufacturing, semiconductors, finance and consumer marketing, marking Surge’s most AI-first selection to date.
  • Notable founders include Sachin Tendulkar with sportswear brand Ten X You, Olympic medalist Grant Brits at AIR Trading, ex-Google DeepMind engineer Siddhant Jayakumar at Finster, the SixSense team for semiconductor AI, Vault Wealth’s Middle East-based fintech founders and former Pinterest and Twitter growth leaders at Just AI.
  • Peak XV is investing up to $3 million per company, with Surge providing seed capital, hands-on mentorship and a founder immersion that includes sessions with top tech leaders and a U.S. component.
  • Surge alumni have raised over $3 billion in follow-on funding and the top ten generate more than $1 billion in annual revenues, as the cohort launch follows recent senior exits including Pieter Kemps and ongoing efforts to raise the firm’s first fund since the Sequoia split.