Startup Honor - Your...ย โขย 6m
With $650 million in investor commitments, Accel, an early-stage investor of Flipkart and Swiggy, has closed its eighth fund dedicated to India. With this, Accel will have committed over $3 billion in investments in India overall, as per reported by ET. Accel plans to use this funding to strengthen its support for both new business endeavors and portfolio firms in a variety of industries. Full article - https://startuphonor.com/accel-raises-650-million-for-eighth-india-fund/ #accel #indiafund
Believe me, itโs not...ย โขย 6m
Accel closed its 8th India fund with a $ 650 M corpus. Since entering India in 2008, Accel has been a key investor in some of the most influential startups. ๐A few early investments of Accel that have become behemoths today - - Myntra: Seed inv. i
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Accel in India has come a long way. Entered 2008โ acq. Erasmic Venture Fund โtransforming EVFโs $10 M seed fund into 'Accel Venture Fund I'. Fund II closed in 08' with $60 M. Fast forward to today, the latest fund has 10xโed, closed at a $650 M co
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Medialย โขย 6m
Top News of the day. Related to Startups or Buisnesses Startup hiring: Indian startups are expected to increase hiring by 20โ30% in 2025, as funding improves and layoffs decrease. Startup funding: Funding for India's EV sector has decreased by al
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Q1 25 - Startups have secured just over $3.1 B in funding, across 232 deals. Several VC firms have recently closed or launched new funds in the last quarterโคต๏ธ - Bessemer VP โ Closed a $350 M India Fund II - Accel โ Raised $650 M for India Fund VIII
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There are more than 800 VC firms in India, but do you know about India's oldest VC firm? ๐ VenturEast is often labeled as the first full-fledged VC firm founded in India. - Founded by Sarath Naru in 1997, VenturEast currently manages assets worth
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