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Peak XV's scale-up programme Surge unveils 10th cohort of early-stage startups – CNBCTV18


Zomato and Mamaearth-backer Peak XV has announced 14 names that will form the 10th cohort of its startup accelerator programme, Surge.

The venture capital firm has created the latest cohort with a continued focus on startups operating in artificial intelligence (AI), complemented by fintech, consumer and healthcare.

Surge 10 includes startups from India, Australia, Singapore, the Philippines, China, the UAE, the UK and the US, signalling the programme’s expanded geographical focus to include Asia-Pacific and the Middle East.

The startups that have made it to the cohort are Amaani, Ambak, Auquan, Brainfish, Clout Kitchen, Dezy, Dubbing Ai, OrbitShift, Parseable, SalarySe, Tailcall, The Health Factory, Wobot and a stealth company in the speciality healthcare space.

Amaani is the first company from the Middle East region to be admitted to a Surge cohort since the programme started in 2019.

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Over the last five years, Surge has grown to a community of more than 350 founders, over 150 startups and 17 sectors.

According to Peak XV, startups from the Surge programme have collectively raised over $2 billion in follow-on funding, with Atlan, Scaler, Skillmatics, InVideo, Khatabook, Multiplier, the Minimalist and Lambda Test featuring among the standouts from previous cohorts.

The Surge 10 programme will run from October 2024 to February 2025, featuring a mix of in-person and online sessions and events focused on founder development, go-to-market strategies, product, sales refinement, brand building and more.

The programme will culminate with an immersion experience in the US, providing founders with exposure to the Silicon Valley ecosystem, where they will visit the OpenAI and Notion campuses in February.

The previous cohort, Surge 09, had visited the NVIDIA campus earlier this year and met the chip company’s founder and CEO, Jensen Huang.

Also read: 8i Ventures nets 12X return with full exit from M2P Fintech, eyes IPOs from portfolio



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