Thursday, March 30, 2023

Sequoia India and Southeast Asia’s Surge support 12 new businesses.

Sequoia India and Southeast Asia’s Surge programme, which features 30 active founders from 12 firms, opened its eighth cohort. “Surge 08” startups are pioneering climate technology, artificial intelligence, metaverse, digital health, new consumer brands, and new e-commerce methods.

Sequoia India and Southeast Asia said that the program’s handpicked network of businesses now includes eight cohorts, over 300 founders, and over 130 startups in 16 categories.

“Surge 08 entrepreneurs are inventing next-gen products and businesses that have the potential to revolutionise their sectors over the next decade,” stated Rajan Anandan, Managing Director, Sequoia India & Southeast Asia, and Surge.

“We are pleased to be a part of their early company-building journeys,” Anandan said. These diverse founders bring distinct experiences and talents to create ambitious and differentiated products and platforms to solve their problems. Surge provides up to $3 million in seed financing, company-building seminars, a global curriculum, and mentorship from top entrepreneurs and mentors.

Half of Surge 08 firms feature a female founder, including an AI and natural language processing PhD holder focused on AI in healthcare and two Indonesian medical practitioners using technology to democratise health and wellness services. The leading VC firm stated the entrepreneurs are in ‘Surge 08’, a 16-week hybrid company-building programme.

Sequoia Capital India and Sequoia Capital Southeast Asia actively partner with founders of BYJUs, CRED, Druva, Freshworks, Groww, Mamaearth, Pine Labs, Polygon, Razorpay, Truecaller, Zomato, and others.

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