Founded by Shruti and Manish Kumar last September, the start-up connects kiranas to a wide range of consumer goods and brands.įounded by Abhishek Kankani, Kushagra Vaish, and Palash Golecha this March, Dyte is a developer-friendly real-time audio and video calling software development kit (SDK). The start-up aims to “democratize” mentorship itself, making it easier for everyone through a community platform where people can find, book, and meet mentors around the world.Īn agent-led B2B wholesale platform for FMCG goods, the firm’s mission is to encourage and empower people to set up their own hyper-local micro-distribution businesses by providing them with better profit margins, access to a large assortment of brands and SKUs, and supply consistency. Mentors can list their availability on a shared calendar for mentees to select and schedule virtual sessions with them. The start-up counts among its investors names like LetsVenture and angel investors including Haldiram’s (Vevek Ventures), Nadir Godrej, and Sanjiv Rangrass.įounded by Felix Lee and James Baduor earlier this year, the start-up offers mentees a global community of high-quality mentors, starting with designers and product managers. It uses real-time data and matches it with proprietary personalized farm-level crop recipes to achieve optimal growing parameters throughout the production cycle. We now come to some of the start-ups which feature in the cohort:įounded by Agam Khare and Prateek Rawat in 2020, the firm is focused on developing plant bioscience and AI-driven adaptive platform for precision agriculture, aiming to help horticulture growers radically transform yields, grade, and nutritional value of produce. They have developed products and services to help other companies, including small and medium enterprises (SMEs) work smarter, better, and seamlessly across borders, according to Sequoia Capital India.Īnother five companies operate in the lifestyle market building solutions around advanced farming, gaming, and revolutionizing consumer wellness, spearheaded by shifts in women’s health, personal care and hygiene, mindfulness, and self-improvement.įour firms are engaged in the education space, providing digital monitoring, training of skills, and virtual, borderless internships, equipping developers with big data and data science capabilities. “At this inflection point of global regrowth, we are excited to be part of the journey of our founders and their companies, many of which we believe will grow into large, enduring businesses,” Anandan added.įounders will receive around $1 million to $2 million of seed capital as well as company-building workshops, a global curriculum, and support from a community of exceptional mentors and founders.ġ3 out of the 23 start-ups in the fifth cohort are involved in fintech, payments, communications, logistics, and Software as a Service (SaaS).
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The firm added that nearly half of the start-ups from the first three cohorts grew to raise their Series A financing rounds. At this inflection point of global regrowth, we are excited to be part of the journey of our founders and their companies,” said Rajan Anandan, managing director, Surge and Sequoia Capital India. These leaders have displayed grit, exceptional talent, and relentless purpose in shaping the world. “We are incredibly proud of all 23 companies who have joined Surge 05 and the founders who have forged their businesses in sectors that have seen tremendous tailwinds. What makes Surge all the more important is that it helps Sequoia Capital identify start-ups with potential at their early stages, helping increase the probability of broadening its portfolio with more winners. The two-year-old Surge has backed 91 start-ups to date and has a community of 203 founders in 15 sectors.
The start-ups have collectively raised $55 million. The fifth (and largest) cohort of venture capital firm Sequoia Capital India’s accelerator program for India and SouthEast Asia, Surge has been announced, featuring no less than 23 early-stage start-ups and 10 women founders.
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