Sequoia Capital India and Southeast Asia disclosed 15 early-stage startups it has selected for the seventh cohort of its accelerator program Surge, pushing ahead with new investments even as the deal activity has considerably slowed in the region.
Since its launch in March 2019, the accelerator has helped its participating startups collectively raise over $1.7 billion in follow-on funding, the venture firm said, with over 60% of companies from the first five cohorts raising their Series A and beyond.
The Surge program, which has backed over 250 startups, initially wrote checks of about $1 mill
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