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Venture Capital22 Oct 2024 12:41

Peak XV Partners Unveils Diverse Startup Cohort from 8 Countries

by Chan-yeol Lee
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Peak XV Partners, a venture capital firm, has announced its tenth Surge cohort, consisting of 14 early-stage startups from eight different countries. The selected startups span a range of industries, including AI, fintech, consumer products, and healthcare, as part of Peak XV’s accelerator program.

The startups hail from various regions, including India, the UK, the US, Singapore, China, the UAE, Australia, and the Philippines. This diverse group reflects Peak XV’s continued focus on fostering innovation across global markets, emphasizing emerging technologies and high-growth industries.

The Surge 10 cohort features 14 startups, including Amaani, Ambak, Auquan, and Brainfish. Amaani is the first participant from the Middle East. These startups span diverse sectors such as artificial intelligence, fintech, and consumer services, reflecting the program’s broad focus on emerging industries. A key highlight is the emphasis on AI, with several companies utilizing it to drive innovation in their respective fields.

Each startup in the cohort will receive up to $3 million in seed funding, along with access to Peak XV’s mentoring and resources. The program provides comprehensive support, including recruitment, product development, marketing, and technology assistance. Additionally, participants will benefit from mentorship from experienced global founders and operators and over $2 million worth of perks, such as cloud services and software tools.

The program, running from October 2024 to February 2025, includes a US-based immersion experience, allowing founders to connect with the Silicon Valley ecosystem. This opportunity aims to strengthen the startups’ global outlook and provide valuable networking experiences with key players in the industry.

According to Rajan Anandan, Managing Director of Peak XV and Surge, this cohort is one of the most geographically diverse, including startups from eight countries. He noted that Surge has played a key role in nurturing early-stage companies across India and Southeast Asia, with many previous participants now on the path to becoming major players in their industries.

Previously known as Sequoia Capital India & Southeast Asia, Peak XV Partners assists startups through its Surge platform, which is aimed at helping early-stage companies expand and scale. The latest Surge cohort will take part in a series of workshops focused on enhancing founders’ abilities and fine-tuning market strategies, covering key areas such as product development, sales techniques, and establishing a solid market presence.

The program runs from October 2024 to February 2025 and includes virtual and in-person workshops. 

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