2 posts tagged ‘Accel India’
Accel could raise billions for India, but it’s sticking to $650 million
TechCrunch,
Accel has maintained its India fund size at $650 million for its eighth vehicle, even as other venture firms in the region are racing to raise increasingly larger pools of capital. The firm had ample opportunity to raise “multi-billion dollars,” said Shekhar Kirani, partner at Accel, in an interview with TechCrunch. But unlike peers who […] © 2024 TechCrunch. All rights reserved. For personal use only.
Accel closes $650 million for new India fund
Accel has raised $650 million for its eighth India fund as the U.S. venture firm expands its investment strategy in the South Asian market. The new fund follows the firm’s seventh India fund secured in March 2022. Accel — which has backed companies including e-commerce group Flipkart, food delivery platform Swiggy, and software group Freshworks […] © 2024 TechCrunch. All rights reserved. For personal use only.