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Today β€” 5 January 2025Main stream

Accel could raise billions for India, but it’s sticking to $650 million

5 January 2025 at 16:30

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 β€œmulti-billion dollars,” said Shekhar Kirani, partner at Accel, in an interview with TechCrunch. But unlike peers who […]

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Before yesterdayMain stream

Accel closes $650 million for new India fund

1 January 2025 at 00:33

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 β€” which has backed companies including e-commerce group Flipkart, food delivery platform Swiggy, and software group Freshworks […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

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