Peak XV takes startups on a Silicon Valley journey in AI push

Peak XV, the enterprise capital agency that split from Sequoia Capital last year, is taking its portfolio corporations from India, Southeast Asia and Australia on an “immersion” journey to Silicon Valley this week to fulfill a number of business titans, the newest within the enterprise agency’s broadening choices and networking flex.

About 60 founders, many backed by Peak XV’s powerfully influential program Surge, will be a part of companions from the agency on the journey to fulfill business leaders and go to AI analysis facilities, based on a participant briefed on the matter.

The week consists of technique periods with executives from OpenAI and Nvidia in addition to Sequoia companion Doug Leone, and talks from seasoned operators like Uniphore chief Umesh Sachdev and DoorDash advisor Gokul Rajaram, based on an e-mail the agency despatched to portfolio startups seen by TechCrunch.

This system, internally dubbed “Immersion Week,” is the newest peek at Peak XV’s broadening roster past writing checks as competitors intensifies amongst enterprise traders in search of entry to probably the most promising AI startups globally.

India, one of many largest startup ecosystems, at present lacks the depth in deeptech and AI startups. Only a few gamers in India try to construct foundational massive language fashions. Sarvam AI, one such startup, announced a $41 million funding late last year led by Peak XV and Lightspeed India and scored a partnership with Microsoft final week.

Traders say that many present startups in India are strategizing on what new capabilities to construct and to find prospects abroad — and that’s the place a visit like ‘Immersion’ can show useful.

Peak XV has taken an aggressive method since its break up final 12 months, quickly constructing out its bench energy and networking capabilities throughout geographies.

Peak XV didn’t instantly reply to a request for remark Monday morning. However within the e-mail to portfolio corporations over the weekend, Peak XV informed founders the journey would “focus on building world-class products” and gaining “a glimpse into the AI world.”

Peak XV Managing Administrators Shailendra Singh, Rajan Anandan, Harshjit Sethi, Ashish Agrawal, and Surge Associate Pieter Kemps are amongst these internet hosting the week, based on the particular person briefed on the matter.