Peak XV announces Surge 11: 23 Startups Shaping the Future of AI, Fintech & Consumer Innovation
MUMBAI, September 25, 2025: Peak XV today announces the launch of Surge 11, bringing together 23 pioneering companies that are reimagining the future for consumers, developers, and enterprises across India, APAC, and global markets.
Surge’s eleventh cohort includes 12 AI startups building across vertical, enterprise, and consumer AI. Alongside them are 4 fintech innovators, 4 consumer brands, and 3 infrastructure and dev tools companies.
Since its inception in 2019, Surge has become one of the most impactful early-stage platforms globally. Surge companies have raised over $3 billion in follow-on funding, with the top ten startups generating more than $1 billion in cumulative annual revenues.
The Surge community has now grown to 170+ startups and 400+ founders, spanning 17+ nationalities and 18+ sectors. Surge combines seed capital with unmatched global access, bringing hands-on guidance from Peak XV’s investment and operating teams alongside structured programming focused on product, engineering, sales, marketing, culture, fundraising and other key foundational elements of building enduring companies.
“At Surge, we believe the seed stage is where the magic begins, and Surge 11 reflects the extraordinary entrepreneurial energy across our region. 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. We are also seeing the emergence of new consumer AI companies which is incredibly exciting. But AI is not the full story – we are now 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,” said Rajan Anandan, Managing Director, Peak XV and Surge.
One element of Surge is the founder immersion where founders learn directly from some of the most influential builders across our region and globally. Some of our speakers and mentors in previous cohorts include Sanjeev Bikhchandani of Info Edge; Harshil Mathur of Razorpay; Vidit Aatrey of Meesho; Amrish Rau of Pinelabs; Kunal Shah of CRED, Gokul Rajaram; Arvind Jain of Glean, and Aman Sanger of Cursor.
The founder immersion for Surge 11 culminates in the US where founders engage directly with global leaders in technology. Previous immersions have included Sam Altman at Open AI HQ, Jensen Huang at NVIDIA HQ, and operators including Carl Eschenbach, CEO of Workday, and Sridhar Ramaswamy, CEO of Snowflake.
Past Surge founders also lead sessions for current founders, including Prukalpa Sankar of Atlan; Sagar Khatri of Multiplier; Bahadir Ozdemir of Airalo; Dhvanil Sheth of Skillmatics; Mohit Yadav of Minimalist; Sanket Shah of InVideo and Asad Khan of LambdaTest.
Surge also continues to bring in world-class investors to guide founders on scaling and fundraising, including Doug Leone of Sequoia Capital, Vinod Khosla of Khosla Ventures, and Chetan Puttagunta of Benchmark.