Spark Fellowship led by Peak XV, a four-month program crafted to support early-stage startups owned by women entrepreneurs has revealed its recent cohort. There are total 14 startups and 16 female founders were chosen for Spark Fellowship.

By this, they will be given a $100,000 equity-free grant, mentorship services from top industrial leaders, and entry to powerful founders community and more than $1million valuable capital resources.

At the same time as the startups placed in third batch of Spark are working in the areas such as SaaS, B2B, & consumer products and partially focused on Artificial Intelligence.

Along with them are RaptorX – an AI-driven fraud detection & prevention platform for businesses and Soulside – a startup focused on mental health.

Within the last three years, Spark Fellowship program has picked startups collection which includes 41 startups and 48 founders across 10 various sectors in the market.

In the meantime, the leading Venture Capital firm Peak XV has $9 billion in balanced capital resources across 13 funds. Previously known as Sequoia Capital India & Southeast Asia, the VC Company Peak XV has invested in up to 400 companies across various categories. The company’s portfolio highlights 20 IPOs and has built $4.6 billion in realized outlets.

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