Sequoia Capital India has selected 23 early-stage startups for its fifth cohort of Surge, its accelerator program for India and Southeast Asia, at a time when dealflow activity is at its peak in the region.
The new cohort, Surge’s largest to date, have collectively raised $55 million, the storied investment firm said Wednesday. The group also includes 10 women founders, another record for the accelerator program which started its journey in March 2019 and has backed 91 startups to-date.
The Surge program has enabled Sequoia Capital India — which has always backed early-stage startups but historically focused more on cutting checks in Series A and …
