Peak XV’s Surge 11 features 23 startups across AI, fintech, and consumer tech

Peak XV Partners has unveiled the eleventh cohort of Surge, its rapid-scale-up program for early-stage founders. Surge 11 brings together 23 startups spanning India, Southeast Asia, and global markets, working across AI, fintech, consumer innovation, and developer infrastructure.

This edition of Surge reflects the shifting priorities of the startup ecosystem. Out of the 23 companies, 12 are AI-first ventures building across vertical, enterprise, and consumer use cases. They are joined by 4 fintech innovators, 4 new-age consumer brands, and 3 infrastructure and developer tools startups.

The 11th Surge cohort features Finster, Ignosis, OnFinance, Vault Wealth, and Cybrilla in the AI and financial services space. Other startups offering enterprise and consumer-focused solutions include AIR Trading, JustAI, Pre6, Palo, Qbeast, Round1, SixSense, Thanks, Supanote, Tonbo.io, and Nirmata. The batch also includes three AI startups currently operating in stealth mode.

Founded in 2019, Surge has emerged as one of the most impactful early-stage platforms globally. To date, Surge startups have raised more than $3 billion in follow-on capital, with the top ten companies generating over $1 billion in cumulative annual revenues. The program’s community now spans over 170 startups and 400 founders, representing 17 nationalities and 18 sectors.

Commenting on the new cohort, Rajan Anandan, Managing Director, Peak XV and Surge, said: “At Surge, we believe the seed stage is where the magic begins. Surge 11 reflects the extraordinary entrepreneurial energy across our region. AI is leading the charge, but we are also seeing new waves of fintech and consumer innovation. This cohort truly offers a glimpse of the future.”

Beyond seed funding of up to $3 million, Surge combines global immersion programs, mentorship, and hands-on guidance across product, engineering, culture, and fundraising.