Peak XV has injected approximately ₹160 crore into five promising early-stage AI startups at the India AI Impact Summit. Peak XV has announced fresh investments in five early-stage artificial intelligence startups.
The fresh investments were made at the Impact AI PitchFest, part of the India AI Impact Summit 2026, where founders presented to investors, operators and ecosystem leaders.
In total, the VC firm has invested around ₹160 crore in the startups, it said in a statement on Tuesday.
“India’s AI opportunity will not be defined by who builds the biggest models, but by who builds products that work at population scale,” said Rajan Anandan, Managing Director, Peak XV.
“With over 900 million Indians online, the real opportunity lies in solving real needs, helping people find jobs, grow income, and build businesses using AI. This focus on meeting the real needs of Indian users and building products at population scale is what will define India’s leadership in AI,” Anandan added.
The five startups backed by Peak XV include Companion Labs, Kello, Memfold AI, Round1, Zoop, who are building solutions across consumer entertainment, hiring, productivity and commerce.
Companion Labs builds entertainment-led AI experiences for vernacular audiences, while Kello is a career intelligence platform that has mapped 32 million professionals.
Memfold AI develops AI-native workspaces, and Round1 replaces resume filters with AI-led interviews. Zoop operates an AI-powered live commerce platform enabling offline sellers to transact via live video with AI support.
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