Venture capital firm Peak XV Partners has announced the 11th cohort of its early-stage accelerator programme, Surge, inducting 23 startups across AI, financial services, consumer, and developer infrastructure. This marks the third cohort since Peak XV spun out from Sequoia Capital into an independent entity.
“AI is leading the charge, not just in enterprise applications but by beginning to transform traditional industries from banking and healthcare to semiconductors and manufacturing,” said Rajan Anandan, Managing Director at Peak XV and Surge. “We are also seeing the next wave of fintech companies and exciting new consumer companies in India and our region. This cohort truly offers a glimpse of the future.”
AI continues to dominate the programme, with 12 startups focused on enterprise solutions, consumer-facing applications, and vertical-specific innovations. Fintech remains another core area, alongside emerging consumer brands and developer tools. Notable companies in the AI and financial services space include Finster, Ignosis, OnFinance, Vault Wealth, and Cybrilla. Enterprise and consumer-focused startups in this cohort include AIR Trading, JustAI, Pre6, Palo, Qbeast, Round1, SixSense, Thanks, Supanote, Tonbo.io, and Nirmata, while three AI startups remain in stealth mode. Consumer brands such as Aretto (footwear), Neude Skin (skincare), NEAU (apparel), and Ten X You (activewear) are also part of this batch.
Since its launch in 2019, Surge has supported over 170 startups and more than 400 founders across 18 sectors and 17 nationalities. Previous cohorts have collectively raised more than $3 billion in follow-on funding, with the top ten generating over $1 billion in annual revenues. Initially investing $1–2 million per startup, Surge has now increased the ceiling to $3 million to allow a broader range of founders to participate.
Beyond capital, the programme offers hands-on guidance across hiring, product development, technology, marketing, and fundraising, along with access to global immersion programmes, workshops, and mentorship sessions with prominent operators and investors. Past mentors and speakers have included industry leaders such as Sanjeev Bikhchandani (Info Edge), Harshil Mathur (Razorpay), Vidit Aatrey (Meesho), Amrish Rau (Pinelabs), Kunal Shah (CRED), Gokul Rajaram, Arvind Jain (Glean), and Aman Sanger (Cursor).
Peak XV Partners manages approximately $9 billion across 13 funds and has invested in over 400 companies spanning India, Southeast Asia, and global markets. With this 11th cohort, Surge continues to strengthen its role in nurturing the next generation of high-impact startups.
