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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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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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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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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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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 Shailendra Singh stresses on free cash flow, building right culture at founders retreat
Money Control
·
1y ago
Medial
Around 250 founders supported by Peak XV Partners (formerly Sequoia) have gathered at a resort near Bengaluru in a significant meet-up. This event, occurring amid a challenging startup environment, marks the first such gathering after Peak XV's separation from Sequoia. The firm's Managing Director, Shailendra Singh, emphasized generating free cash flow, building the right culture, and solving problems over money. Singh expressed optimism about India's potential and Peak XV's path as a global venture firm. The retreat convenes notable founders from various top companies, discussing India's growth and longevity opportunities.
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Peak XV takes startups on a Silicon Valley trip in AI push
Startup News FYI
·
1y ago
Medial
Venture capital firm Peak XV, which separated from Sequoia Capital last year, is organizing an "immersion" trip for its portfolio companies from India, Southeast Asia, and Australia to Silicon Valley. Around 60 founders, many supported by Peak XV's Surge program, will join partner executives to meet industry leaders, visit AI research centers, and attend strategy sessions with OpenAI, Nvidia, and Sequoia partner Doug Leone. The "Immersion Week" is part of Peak XV's broader efforts to expand its offerings and network as competition grows among venture investors targeting AI startups.
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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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SaaS firm Nirmata raises $9.6 million from Peak XV’s Surge, others
Economic Times
·
5m ago
Medial
Nirmata, a software solutions provider, secured $9.6 million in funding led by Peak XV’s Surge, with participation from other investors. The San Jose company aims to expand its India operations, enhance its go-to-market strategy, and accelerate product development. Specializing in Kubernetes policy and governance, Nirmata's main product, Kyverno, has become a key tool in security and compliance for cloud-native applications. The company plans to double its workforce and reach 60-100 global customers.
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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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