India, Sept. 25 -- VC firm Peak XV Partners has launched the eleventh cohort of its accelerator and incubation programme, Surge. Twenty three startups from India, US and South East Asia have been featured in this cohort, the VC firm announced.12 startups in this cohort are based out of India.

Aligning with recent startup trends, more than half of the early-stage startup cohort features startups hailing from the AI sector. While 12 startups are focussing on building innovations in the AI space, four fintech and consumer brands startups have also been featured.

Besides, three startups are building infrastructure and developing tools platforms. Important to mention that three startups selected in the cohort are operating in stealth mode. ...