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Spark 03 launched by Peak XV with 16 female founders

Peak XV Partners’ Spark program for female entrepreneurs has revealed the members of its most recent cohort, which consists of 16 female founders and 14 startups.

Four businesses in this cohort are developing AI solutions for the travel, wholesale trade, fraud detection, and e-commerce industries. The remaining companies are concentrating on developing SaaS, B2B, and consumer businesses, while four more are centered around healthcare.

A few of the apps on the list are Fix My Curls, Meritic, Melvvi, CHOSEN, Soulside, Evenly, BabyMD, RaptorX.ai, FOBOH, Traverse, Wordsworth AI, and BabyMD. For now, one company operates covertly.

The $100K equity-free grant is part of the four-month Spark Fellowship program. According to the company, it’s available to all female entrepreneurs who are just getting started.

Founders at Spark have access to exclusive events, a curated community of female founders, mentorship, and domain knowledge. Additionally, each startup will receive perks worth $1 million from other businesses, including cloud credits, devtools, analytics, and much more.

Spark has expanded to 48 founders and 41 startups across 10 sectors in less than three years.

The program’s mentors include Sakshi Chopra, Mohit Bhatnagar, GV Ravishankar, Rajan Anandan, and MD Shailendra Singh of Peak XV.

 

 

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