While all the businesses in the world are finding it hard to run their operations and get any funding due to coronavirus crisis, Sequoia Capital’s accelerator, Surge has backed up 15 startups pan India and even in other Southeast Asian countries. Led by Shailendra Singh and Rajan Anandan, Surge has made $200 million investment in 7 companies bringing its total to 52 companies.

A 16-week accelerator program, Surge provides startups with scale up support as well as $1-2 Million in capital from Sequoia and investments from other investors. Surge provides a very resourceful community with investors and mentors that can help startups to solve the challenges at global level.

The funding has been made to Atlan, helps large enterprises to collaborate on data, Convosight, community management platform, DrinkPrime, innovative water purifier with subscription, online fitness app Fittr, digital procurement platform Procol, site reliability engineering platform Last9 and a consumer brand in Stealth.

Surge is a collective community platform which makes it more valuable than ever. It provides a platform to discuss and deliberate with some of the finest brains. The Surge app allows startup founders to take support in HR, rate investors, brainstorm growth hacks and get mentoring.

Surge has around 110 members from 52 startups who discuss with each other and share their resources. Even though Sequoia is investing, the startups still will be facing hard time as other investors will be saving money for their previous companies and new deals are less likely to be signed. This has also led to withdrawing of multiple deals for startups.

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