Sequoia Capital India and Sequoia Southeast Asia have launched the second cohort of the Sequoia Spark Fellowship, a $100,000 equity-free grant and mentorship programme to support »women entrepreneurs«.
Spark 02 comprises 12 female founders from across sectors and industries like climate tech, healthtech, SaaS, B2B, web3, consumer internet, and D2C.
“The Sequoia Spark fellowship programme is born out of the desire and commitment to increase the number of female founders in the region and play a role in enabling the early stages of their journey, especially when access is such a challenge,” said Sakshi Chopra, MD, Sequoia India.
Spark 01 was a cohort of 15 companies and 20 female founders.
As of December 2022, 10 of 15 startups have raised their seed and Series A rounds from venture capital firms and angels across the region, and one has been acquired by Wipro, totalling $51 million of capital post-Spark, the venture capital firm said in a media statement on January 18.
