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Meet Indian startups that made it to Peak XV’s Surge 10 cohort
VCCircle
·
8m ago
Medial
Four Indian startups have been selected for the tenth cohort of the seed-stage accelerator platform, Surge, by venture capital firm Peak XV. The cohort also includes startups from various other countries. Each startup will receive up to $3 million in seed funding and full-stack support from Surge. The programme will focus on founder development, go-to-market strategies, product refinement, and brand building. The Indian startups include Ambak, which compares and arranges home loans; Dezy, a healthtech startup in dental care; The Health Factory, offering health-focused baked goods; and SalarySe, a fintech startup.
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Meet The 14 Startups From Peak XV’s ‘Surge 10’
Inc42
·
8m ago
Medial
Peak XV Partners has announced its selection of 14 startups for its Surge 10 cohort. Each startup will have the opportunity to receive up to $3 million in seed funding. The cohort will focus on various sectors including AI, developer tools, consumer brands, fintech, and healthcare. The Surge 10 programme will take place from October 2024 to February 2025, featuring a combination of in-person and online sessions and events.
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Decoding the 9th cohort of Peak XV’s Surge
Entrackr
·
1y ago
Medial
Peak XV Partners' Surge has launched its ninth cohort, consisting of 13 startups with a focus on AI and deeptech. The startups cover various sectors including advanced manufacturing, quantum computing, climate tech, and health tech. Seven of the startups are based in India, four in South East Asia, and two in Australia. Notable startups in the cohort include Ethereal Machines, Elivaas, Incore, Mindgrove, Newtrace, and ZeroK. Funding details and valuations of some startups are disclosed, with investments led by Peak XV Partners.
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Peak XV’s scale-up programme Surge opens application for its 10th cohort
YourStory
·
1y ago
Medial
Peak XV's Surge program is launching its 10th cohort in India in October, targeting AI startups in search of seed funding. The application deadline is August 15, 2024. The venture capital firm's AI portfolio consists of 28 companies in various AI technology stacks, including foundational models, AI tools and infrastructure, consumer and professional AI applications, and enterprise and specialized vertical AI domains. The previous Surge cohort had a focus on AI and deep tech, with startups specializing in advanced manufacturing, quantum computing, climate tech, and health tech.
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Deep tech, AI, Quantum Ventures lead Peak XV Surge’s ninth cohort
Economic Times
·
1y ago
Medial
Surge, Peak XV Partners' scale-up program for early-stage startups, has chosen 13 ventures for its ninth cohort, focusing on deeptech, artificial intelligence, advanced manufacturing, and quantum computing. This is Surge's first cohort since Peak XV Partners was established after the split from Sequoia Capital. Surge has shifted its sectoral mix to more advanced technologies, such as semiconductor companies and AI startups, reflecting the changing ecosystem in India and the broader region. Surge has previously backed over 140 startups, with a total of $2 billion raised post-program.
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Peak XV's Surge selects 14 startups for tenth cohort; focuses on AI, financial services
Economic Times
·
8m ago
Medial
Surge, the early-stage startup program by Peak XV, has selected 14 startups for its tenth cohort in fields such as AI, financial services, consumer sectors, and healthcare. This cohort marks Surge's second since Peak XV's split from Sequoia Capital and is the most diverse in terms of geography and sectors represented. Surge has supported over 150 startups across 17 sectors since its launch in 2019. The program provides seed funding of up to $3 million and offers mentorship and support in various areas for founders.
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Indian startups seen raising $10-12 billion this year: Peak XV’s Rajan Anandan
Economic Times
·
1y ago
Medial
Indian startups are expected to raise around $10-12 billion in funding this year, which is seen as sufficient to build the country's ecosystem, according to Rajan Anandan, Managing Director of Peak XV Partners. This estimate follows a period of exuberance in 2021 and 2022 during which India received $60 billion in funding. Anandan also noted that around $20 billion of private capital is currently uninvested and committed to the Indian market. The report suggests that in the coming years, there will be at least 100 Indian startups aiming for initial public offerings.
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Companies News Today Live Updates on March 4, 2025: Peak XV’s Surge now backing startups in US, UK, Australia, China
Livemint
·
4m ago
Medial
Peak XV’s Surge is now investing in startups across the US, UK, Australia, and China. Stay informed with the latest updates on company financials, strategic acquisitions, and market trends. This includes insights into mergers, acquisitions, financial results, and leadership changes influencing various industry landscapes.
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Peak XV’s Shailesh Lakhani and Abheek Anand to step down
Entrackr
·
5m ago
Medial
Peak XV’s managing partners Shailesh Lakhani, a 17-year veteran of the firm, and Abheek Anand, who co-led investments in Southeast Asia, have decided to step down. Lakhani has confirmed his departure from the venture capital firm through a post on micro-blogging platform X. “As my time at Peak XV/Sequoia India reaches 17.5 years, I’ve decided it’s the right moment to step back from the firm. It has been an incredible journey—one that began in August 2007, when India’s startup ecosystem was in its infancy, to today, where it stands as one of the most vibrant in the world. I wouldn’t have traded this courtside seat for anything,” said Lakhani. Anand has not made an official statement regarding his resignation, but TechCrunch first reported it this afternoon. Lakhani and Anand were appointed as Managing Directors of Peak XV during the company's rebranding from Sequoia Capital. This is a developing story. Stay tuned for updates.
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Peak XV Spark Shortlists 14 Startups For its Third Cohort
Inc42
·
1y ago
Medial
Venture capital firm Peak XV Partners has announced the third cohort of its women entrepreneurs-focused Spark program. The cohort includes 14 startups with 16 female founders. The four-month program offers access to mentorship, domain knowledge, a curated community of female founders, and exclusive events. Each startup will also receive an equity-free grant of $100,000 and over $1 million in perks from other companies. The startups span various sectors including AI, healthtech, SaaS, B2B, and consumer businesses. Notable startups in the cohort include RaptorX.ai, BabyMD, CHOSEN, Fix My Curls, Profit Peak, and Wordsworth AI.
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Meet the latest female-founded startups in Peak XV's third cohort of Spark
VCCircle
·
1y ago
Medial
Peak XV Partners recently announced its third cohort of female-founded startups in their Spark program. This cohort features startups in various industries such as AI, travel, fraud detection, wholesale trade, e-commerce, and healthcare. Spark aims to support and empower female entrepreneurs in their journey and provide them with access to valuable resources and mentorship. The program is part of Peak XV Partners' efforts to promote diversity and inclusion in the startup ecosystem.
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