"Peak XV's Surge Program Launches AI-Dominated Cohort 9 with 13 Startups"

Peak XV Partners' Surge program has unveiled its ninth cohort, with 10 out of 13 startups specializing in AI and deeptech sectors. The selection comes at a time when there is a perceived lack of depth in India's AI startup landscape, despite the growing global interest in the sector. The Surge program, which completes five years in early 2024, has become a highly influential early-stage investor in India and Southeast Asia, backing over 140 firms to date. The program offers seed funding of up to $3 million and access to extensive resources, setting it apart from other market offerings. The latest cohort also includes two Australian startups, as Peak XV actively evaluates opportunities in the country's software sector.