Marquee venture capital (VC) firm Sequoia Capital India has joined the unique club of Indian VCs, having in-house startup accelerators including Blume Ventures and Axilor Ventures, with the launch of its accelerator program - Surge. Sequoia Capital today announced a 16-week accelerator program for startups in India and Southeast Asia that will also offer $1.5 million in seed funding along with the required support for growth. \u201cEarly design choices \u2013 the first few hires, the early product features, finding the early-adopting customers \u2013 can make or break a company. This stage also coincides with the most challenging fundraises,\u201d \u00a0Sequoia\u2019s managing director Shailendra Singh said in a blog on LinkedIn. Interestingly, the accelerator is also looking to invite startups that just have an idea or a plan in form of a PowerPoint presentation even as early-stage startups that have a product-market fit and raised seed funding can also apply. Apart from capital, founders will have access to community network, company building support and cross-border experience to launch or scale-up their startups, the accelerator website stated. The funding will be either in equity or convertible note even as the accelerator will also charge program fee in the form of equity a small percentage of equity. The accelerator will host two cohorts annually with 10-20 in each of them. \u201cFounders will also participate in many other workshops, experience sharing sessions with mentors, work closely with experts from various fields like technology, marketing, recruiting, legal & finance and the Surge team itself,\u201d Singh said. Singh said that startups in sectors ranging from consumer internet, media, enterprise software, or healthcare to financial services\/fintech and direct to consumer brands can apply. Last year, Blume Ventures partnered with the US-based Benhamou Global Ventures (BGV) and Emergent Ventures to launch accelerator for B2B startups called Arka Venture Labs. In 2014, Infosys co-founders Kris Gopalakrishnan and SD Shibulal launched Bengaluru-based Axilor Ventures to fund and accelerate early stage startups. Also, in October last year, Mumbai-based seed fund Artha Ventures had reportedly announced setting up a startup accelerator in following six months. Surge has so far on-boarded mentors including Byju\u2019s Byju Raveendran, FreeCharge\u2019s ex-founder Kunal Shah, Girish Mathrubootham from Freshworks, GO-JEK\u2019s Nadiem Makarim, Google India and Southeast Asia head Rajan Ananadan, Mad Street Den\u2019s Ashwini Asokan, OYO\u2019s founder Ritesh Agarwal, Uber\u2019s APAC region chief Amit Jain, WhatsApp\u2019s former chief business officer Neeraj Arora, Deepinder Goyal from Zomato etc.