Peak XV’s latest Surge batch is 77% AI and deeptech startups
https://techcrunch.com/2023/10/22/peak-xv-latest-surge-batch-is-77-ai-and-deeptech-startups/
AI and other deep technologies are the prevailing themes in the new early-stage cohort from Peak XV Partners, as the largest India and Southeast Asia-focused VC fund intensifies its search for opportunities in a sector garnering international frenzy.
Ten out of 13 startups in the latest cohort of Surge, Peak XV’s powerfully influential early-stage program, specialize in AI and other deeptech sectors, the fund said on Monday. The unveiling of Surge’s ninth cohort — and the selection of its startups — comes at a time when a growing global sentiment suggest a dearth of depth in India’s AI startup landscape.