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- These 14 Startups Just Raised $3M Each from Peak XV – Here’s What They’re Building (Part 1)
These 14 Startups Just Raised $3M Each from Peak XV – Here’s What They’re Building (Part 1)
$3M Seed Funding for Startups Pioneering AI, Fintech, and Healthcare
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Peak XV Partners has just unveiled its 10th cohort of Surge, their seed-stage platform aimed at backing early-stage startups. This latest batch is a diverse collection of 14 startups from around the world, with a focus on cutting-edge sectors like AI, fintech, developer tools, consumer brands, and healthcare. Each selected startup is eligible to receive up to $3 million in seed funding, giving them a robust foundation for growth.
Why It Matters: Surge 10’s Focus on AI and Fintech
This cohort is notable for its strong emphasis on AI, with six of the 14 startups specializing in various AI applications. Rajan Anandan, Managing Director of Peak XV Partners, explained, “This is the most diverse cohort in terms of both geography and sector focus.” Companies from India, the UAE, the U.S., Australia, and more will receive full-stack support, from product development to marketing, as well as resources valued at over $2 million.
In addition to the AI-driven companies, this cohort introduces developer tools, fintech platforms, consumer brands, and even offline healthcare—a first for Surge. “We are excited about the range of innovations these startups are bringing to the table, especially in AI and fintech,” Anandan noted.
Let’s spotlight some of the groundbreaking startups in this cohort.
Startups Based in India: Powering Fintech and Healthcare
Ambak (Founded in 2023, Delhi NCR): A fintech platform revolutionizing the home loan industry by connecting homebuyers and distributors with lenders for more transparent, efficient processes.
The Health Factory (Founded in 2018, Mumbai): This health-focused startup is transforming India’s bread market with its high-protein, vegan, and zero-maida offerings.
SalarySe (Founded in 2020, Delhi NCR): A fintech startup empowering India’s 100 million salaried employees to manage their finances through credit-on-UPI, alleviating financial stress.
Dezy (Founded in 2019, Bengaluru): This health tech platform is redefining dental care by blending convenience, technology, and expertise.
Tailcall (Founded in 2022, Mumbai): Tailcall enhances developer productivity by simplifying API integrations, cutting infrastructure costs, and boosting efficiency.
With its mix of startups offering breakthrough solutions, Surge 10 is poised to create waves in sectors that are ripe for disruption, particularly AI, fintech, and healthcare.
Stay tuned for Part 2.
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