New Delhi, Feb 26 (PTI) – Venture capital firm Peak XV has announced the launch of the new startup cohort Spark 03, featuring 14 companies with a notable presence of 16 female founders. The cohort showcases a strong focus on Artificial Intelligence (AI) and healthtech, with four companies dedicated to each sector. The remaining startups in the group are actively involved in developing software as a service (SaaS), consumer platforms, and B2B ventures.
Peak XV’s managing director, Sakshi Chopra, expressed enthusiasm for the selected founders, highlighting their ambitious vision, innovative thinking, and extensive operational experience. The cohort marks the third installment of Spark, which has already nurtured 48 founders and 41 startups spanning over ten diverse sectors within a span of three years.
The lineup includes AI-driven companies like RaptorX.ai, enhancing cyber risk assessment for businesses, and healthtech solutions such as BabyMD, a comprehensive pediatric service provider. With a strong portfolio and a history of overseeing investments in over 400 companies across various domains, Peak XV continues to pave the way for emerging entrepreneurs striving to make a mark in the industry.