Peak XV Secures $2.5 Million Investment in Companion Labs

Peak XV Secures .5 Million Investment in Companion Labs



Companion Labs: Innovative Consumer AI Experiences for India’s Diverse Audiences

Companion Labs: Consumer AI Experiences for India’s Diverse Communities

Companion Labs, a company focused on consumer AI, is creating interactive entertainment experiences tailored for India’s diverse vernacular audiences. Recently, the company secured $2.5 million in a seed funding round that was led by Peak XV’s Surge, alongside contributions from All In Capital, UntitledVC, DeVC, and other angel investors. This funding announcement follows the company’s participation at the India AI Impact Summit 2026 in Delhi, where Companion Labs was showcased in the summit’s prominent Impact AI PitchFest.

The funds raised will be directed towards accelerating product development, enhancing AI capabilities, and further refining its offerings as it aims for successful market integration.

Founders and Vision

Founded in early 2025 by Akshay Jhanwar and Ajit Pol, Companion Labs is dedicated to building innovative consumer AI experiences designed for India’s culturally rich and linguistically diverse populace. The startup utilizes AI-driven characters and stories, allowing users to immerse themselves in alternative lives, careers, and aspirations rooted in local cultures.

Immersive, Character-Driven Experiences

Based in Pune, the startup operates at the crossroads of AI and entertainment. It creates immersive experiences that empower users to explore diverse life paths through AI-generated narratives. Companion Labs perceives AI as an artistic medium, facilitating opportunities for individuals to experience parallel existences within beautifully contextualised worlds influenced by language, culture, and personal ambitions.

Focus on Vernacular Languages

Companion Labs aims to develop its projects with a foundational approach tailored for India. The experiences are meticulously crafted to encompass the linguistic, cultural, and social subtleties of Tier 2, Tier 3, and Tier 4 communities. The startup is concentrating on regional languages such as Tamil, Telugu, Gujarati, Punjabi, Marathi, and Bengali, with a target audience comprising a young, aspirational, and digitally inclined demographic.

Long-Term Objectives

In the long run, Companion Labs aspires to establish a new genre of AI-centered entertainment uniquely fashioned for India’s vernacular internet users.


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