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🆕Accel closes its India fund with a corpus of $650 Mn. Accel has backed companies like Swiggy, Urban Company, Cure Fit, Stanza Living
🆕Accel closes its Indian fund with a corpus of $650 Mn. Accel has backed companies like Swiggy, Urban Company, Cure Fit, Stanza Living
🚨 Accel India has raised $650 mn from 131 investors for its 8th country-focused fund - SEC filing @AditiS90 had the scoop on the fund in August. Read our article on what's working for the venture firm - https://t.co/GvYh6e9nRW https://t.co/nufARPS9a0
Accel Partners has successfully closed its eighth fund focused on India, raising a total of $650 million from 131 investors, according to a securities filing. This new fund will continue Accel's strategy of investing in the Indian market, where it has previously backed notable companies such as Swiggy, Urban Company, Cure Fit, and Stanza Living. The announcement follows an earlier report in August regarding the fund's development.