Peak XV launches Spark 03 with 16 female founders

Spark, a program by Peak XV Partners for female founders, has announced its latest cohort with 14 startups and 16 female founders. 

This cohort has four companies building AI solutions in travel, fraud detection, wholesale trade and e-commerce. Another four are focused on healthcare, and the remaining companies are building SaaS, B2B, and consumer businesses. 

The list includes RaptorX.ai, FOBOH, Traverse, Wordsworth AI, BabyMD, Soulside, Evenly, Profit Peak, Fix My Curls, Meritic, Melvvi, and CHOSEN. One company is currently in stealth.

The Spark Fellowship is a four-month-long program that includes a $100K equity-free grant. As per the firm, it is open to all female founders who are in the early stages of starting up. At Spark, founders get access to domain knowledge, mentorship, a curated community of female founders and exclusive events. Each startup will also get $1 million in perks from other companies from cloud credits to devtools, analytics and much more.

In less than three years, Spark has grown to 48 founders and 41 startups across 10 sectors.

Peak XV’s MD Shailendra Singh, Sakshi Chopra, Mohit Bhatnagar, GV Ravishankar, and Rajan Anandan are the mentors for the program.