May 18, 2024

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Peak XV takes startups on Silicon Valley journey in AI push

2 min read

Peak XV, enterprise capital agency Split from Sequoia Capital final yris taking its portfolio firms to India, Southeast Asia and Australia on an “immersion” journey to Silicon Valley to fulfill various trade giants this week, the newest within the enterprise agency’s broader choices and networking flex.

Nearly 60 founders, a lot of whom are backed by Peak XV Powerfully Impactful Program SurgeHe will be a part of the agency’s companions on the journey to fulfill trade leaders and go to AI analysis facilities, in accordance with a participant briefed on the matter.

According to an e mail despatched to portfolio startups seen by TechCrunch, the week included executives from OpenAI and Nvidia, in addition to technique classes with Sequoia companion Doug Lyons and talks from skilled operators like Unifor chief Umesh Sachdev and DoorDash advisor Gokul Rajaram .

The program, referred to as “Immersion Week” internally, is the newest glimpse of Peak

India, one of many largest startup ecosystems, presently lacks depth in deeptech and AI startups. Very few gamers in India are trying to construct fundamental language fashions. Sarvam AI, one such startup, Announced $41 million in funding late final yr Led by Peak XV and Lightspeed India and partnered with Microsoft final week.

Investors say many present startups in India are strategizing whether or not to develop new capabilities and discover prospects overseas – and that is the place a visit like ‘immersion’ might show useful.

Peak XV has taken an aggressive strategy since its cut up final yr, quickly constructing its bench energy and networking capabilities throughout all geographies.

Peak XV didn’t instantly reply to a request for remark Monday morning. But in an e mail to portfolio firms over the weekend, Peak XV advised founders the journey would “focus on building world-class products” and achieve “a glimpse into the AI ​​world.”


(TagstoTranslate)AI(T)Asia(T)Australia(T)Doug Lyon(T)India(T)Peak XV(T)Peak XV Partners(T)Peter Kemps(T)Shailendra Singh(T)Southeast Asia

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