Today, we announce five Grand Challenges in Material Science. We’re also committing $1M in prize money to anyone who can solve these challenges.
AI can solve Millennium Prize problems in math. Can it do the same in material science?
To find out, we reached out to 10 leading professors to identify the hardest open problems in the field.
A) India venture missing early winners in likes of Ather, Skyroot was a generational fumble.
B) Appetite for DeepTech today is 10x higher than what it was just couple of years ago.
C) DeepTech succeeding is not at the expense of any other sector and can mutually co-exist
D) We still have a long way to go and need to do a much better job of supporting founders & taking more bold risks.
…all 4 things can be true at once…
We first partnered with Rahul Shinghal and the @tazapay team in 2020 before the company was incorporated. Tazapay joined @_surgeahead with an ambitious mission to make cross-border payments simple.
Along the way, we have had the privilege of doubling down on that partnership by leading the company’s Series A in 2023 and co-leading the Series B in 2025.
Over the next six years, Tazapay built virtual accounts, payouts, stablecoins infra and cross border payments gateway - all in one unified stack - on top of a strong foundation of licenses and registrations across Singapore, the United States, Canada, Australia and Hong Kong.
Tazapay infrastructure now covers money movement rails in more than 100 markets. They are far along their original mission, and have expanded their goals that they will now work on together with Circle Group, Inc (NYSE: CRCL).
Huge congratulations to the Tazapay team as they begin this new chapter with Circle.
We’re grateful to have been alongside you on this journey!
@aakash_kpr
Fragmentation (across model, cloud, hardware, harness) is emerging as a structural feature of this AI cycle -- Truefoundry enables, manages and accelerates this fragmentation.
Congrats @nikunjbjj and @truefoundry on an important release!
@peakxvpartners@_surgeahead
Across Peak XV’s 80+ AI portfolio companies, we've partnered with many next-generation AI startups at the seed stage.
These companies are:
- transforming industries such as financial services, healthcare, manufacturing, and professional services
- reimagining every process in the enterprise, from sales and marketing to product development, HR, and finance
- building breakthrough developer tools and AI infrastructure, and advancing sovereign AI
If you’re building in AI, from anywhere in the world, apply to Surge for up to $5M in seed funding and full-stack support.
🔗Apply: https://t.co/CXi3QVo7r4
Surge Open House is BACK! 🚀 We’re inviting the most audacious founders and builders for an evening to discover what Surge & Peak XV can unlock for you.
Here’s how we partner at Surge from day zero:
- Up to $5M in seed capital from Peak XV, with a dedicated investment team from seed through IPO
- Hands-on operator support on everything from hiring to GTM
- A world-class company-building immersion with the most iconic global founders and leaders
RSVP to join us:
📍Bengaluru · Tue, Jul 14: https://t.co/vGMCx0vg5D
📍Delhi · Wed, Jul 15: https://t.co/5H2g4DjtCV
📍Singapore · Wed, Aug 5: https://t.co/XOEL6xaO8m
Today we're launching Intercept: a $500M philanthropic initiative to make respiratory infections, like the common cold and flu, a thing of the past.
We treat respiratory infections as a minor nuisance, but that’s really not the case. Most of us will spend 5% of our lives (!) sick from these viruses, they kill 1M people a year, cost $600B annually in productivity, and periodically threaten civilization through pandemics.
So, if they’re such a big problem, why haven’t we dealt with them yet? Last year we convened ~40 leading scientists, pharma R&D leaders, biotech investors, and regulatory experts to better understand that.
We heard two main reasons:
(1) First, it’s just technically very challenging: respiratory viruses represent hundreds of distinct, mutating strains across several families. Fortunately, recent breakthroughs make this newly possible.
(2) Second is a lack of funding: broad-spectrum solutions have historically been underfunded, in part because they’re not a great fit for most philanthropic or commercial funding (and while COVID generated a burst of activity around preventing and understanding respiratory infections through an influx of new funding, that hasn't been sustained).
We think that with enough focus and funding, this might be solvable. Intercept is a $500 million philanthropic initiative that will take advantage of new tools to catalyze the development and deployment of two types of products: broad-spectrum preventatives and air cleaning technologies.
This problem is undoubtedly difficult. But it’s more tractable now than it’s ever been. We think we should give it our best shot.
We’re enormously grateful to our anchor funders: @stripe, @AnthropicAI, @TheFluLab, @FoundationOAI and individuals from Jane Street.
And, I’m very excited to be building this with @incredutility and the rest of the team.
Our first VC episode, honoured to have @pushpakkedia from Peak XV partners.. 46 minutes of pure insight on VC, startups and startup hiring..
Save it for the weekend here: https://t.co/lW6eCEPxJ9
Big day for all of us at Sarvam.
I want to start by thanking my team for shouldering this mission with immense belief, urgency, and care.
Reflecting on the last few years of the founding journey, my conviction has only deepened:
- AI will be far more consequential than most of us realize even today
- The value loops of this new world cannot be owned by a couple of companies
- Country of India scale cannot rent intelligence. We have to build it ourselves
We are going to push hard across every layer of the company, but the thing that excites me most right now is our shot at building frontier-class AI systems from India. We are assembling the team, the compute, and the deployment engine to make this happen.
I also want to thank our new investors. HCLTech’s partnership opens joint opportunities to bring our research and platform to many of HCLTech’s clients - this is also a unique template to bring together India’s strengths. BVP brings to the team the rare combination of being at the forefront of India's biggest tech shifts for the past two decades while globally having partnered with category defining enterprise AI companies.
Onwards
Seed is where we love to begin long-term partnerships with founders. 🌱
Surge is Peak XV’s approach to seed investing, bringing together capital, a dedicated investment team, operator support, company-building immersion and a vibrant community of early-stage companies.
Today, Surge can invest $500K to $5M in seed funding to support founders building from zero to one.
We’ve also launched a new Surge website, with a fresh look and a clearer view of what Surge offers founders today. https://t.co/1YxbExKCoF
🔼 More capital: $500K to $5M in seed funding
🌏 More global support: for founders building across domestic and international markets
🤝 More access: company-building immersion with leading global founders, operators and investors
Surge 12 launches later this year, and we’ll be hosting Open Houses across cities in the coming months. More soon!
Our next chapter is just getting started 🚀
@RajanAnandan@sjs_day1
Three years ago today, we rebranded as Peak XV (Peak Fifteen), the original name of Mount Everest. The name speaks directly to our ambition: to aim for the highest peak there is, and to partner deeply with world-class founders making the climb.
Over the last few years, we have continued to evolve, expanding our presence across regions, deepening our work in AI and deeptech, and partnering with founders building for global maxima.
Today, we are unveiling a refreshed brand identity and website that reflect this evolution while staying rooted in the values and beliefs that define us.
Our new logo and visual system are inspired by Everest and the climb itself: the rugged terrain, the essential tools, and the shared discipline, resilience, and belief required to reach the summit.
Explore our new look at https://t.co/qtGk07EGPd and watch our latest brand film below.
We're as optimistic about the future as we've ever been.
Never settle in the foothills.
@sjs_day1@RajanAnandan@i_sakshichopra@abhishek_mohan@mobhat@gvravishankar@rohitagar_wal
Stoked for this launch -- TAL is the most intelligent talent agent for India's most ambitious professionals.
This is one of the most compelling use cases of consumer AI. @OnTheGrapevine have put in a lot of love in this release.
Check it out!
cc @kriti_kg@RajanAnandan
We’ve raised $4.1M to let AI find the right job for everyone.
So today, we’re launching TAL.
3 years and 1M+ users on Grapevine taught us this:
The internet today works for companies.
Not for talent.
Job boards, applications, resumes, ats.
The system was built to help companies process people.
But people are not pipelines.
You are not a resume.
You are not an application.
You are not a candidate.
You are talent.
TAL is your talent agent.
I’m not sure if anyone looked at the x axis of this chart, but its a % of total calls.
There are dozens of posts saying “its still early” or circling the empty area, implying that all the bars are going to get to 100% 😅
Three New Funds for Exceptional Founders in India, APAC and beyond 🚀
We are pleased to announce the closing of $1.3 billion in new capital commitments across our India Seed, India Venture, and APAC funds.
Along with significant uninvested capital in our existing Growth fund, we are excited about our ability to back outlier founders building category defining companies, across multiple stages, as we have done for two decades.
We are immensely grateful for the steadfast commitment from our Limited Partners (LPs) for our inaugural Peak XV funds. Many of our LPs are leading non-profit endowments and foundations, and serving them adds a special meaning to our work.
We understand every fundraise is a responsibility to the founder ecosystem and to our LPs, and we are relentlessly committed to serving them.
This is the most exciting time we have witnessed in our lifetimes. AI is transforming the world at an unprecedented pace, and while the initial breakthroughs were concentrated in Silicon Valley, AI opportunities are now abundant in India and APAC. The size, scale and sophistication of technology startups is deeply inspiring across both India and APAC.
India’s FinTech ecosystem is already one of the most advanced in the world and the Consumer opportunity has decades of compounding ahead. The combination of technical innovation, deepening markets, quality of talent and increasing global ambition makes this an amazing time to be investing in the region.
For those special founders who have a vision to change how something works and who combine ambition with execution, hustle with resilience and who wish to serve the world ahead of themselves, we are here to partner with you. 🙌
@sjs_day1@mobhat@gvravishankar@RajanAnandan@i_sakshichopra@rohitagar_wal@abhishek_mohan
Drop 7/14: Introducing Sarvam Arya - our multi-agent orchestration platform, built from the ground up with robust systems engineering principles and frontier AI-assisted developer experience.
We illustrate the Arya advantage on a common ETL task of extracting structured data from unstructured documents. Arya system with GPT 4.1 mini achieved ~5x higher accuracy at ~10x lower cost compared to Claude Code with agent swarm.
Read more about Arya in this thread and our blog: https://t.co/UVodZcgMLd