๐Ÿš€ Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. ๐Ÿ”ฅ
Login

Back

VCGuy

Believe me, itโ€™s not...ย โ€ขย 5m

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. ๐Ÿ“„A few early investments of Accel that have become behemoths today - - Myntra: Seed inv. in October 2007, raised from Erasmic Venture Fund(merged with Accel) - Flipkart: Led a $800k seed in June 2008, reportedly exited with returns of ~20-25x - Freshworks: $1 M Series A in 2011, participated in every follow-on round before FW went public. Reportedly owns a $2.7 - $3 B stake. - Swiggy: A $2 M cheque in Feb 2015, with follow-ons amounting to ~75 M, returns of ~35x - Ola Cabs: Inv in Mar 2015 in a series E of $403 M ๐Ÿ’กOutside the US(134 inv. to date), India has been Accel's biggest focus(87 inv. to date). โญ๏ธAccel 2024 investments, sourced from Tracxn -

6 replies22 likes
10
Replies (6)

More like this

Recommendations from Medial

Image Description
Image Description

VCGuy

Believe me, itโ€™s not...ย โ€ขย 2m

Accel in India has come a long way. Entered 2008โ†’ acq. Erasmic Venture Fund โ€”transforming EVFโ€™s $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 10xโ€™ed, closed at a $650 M co

See More
4 replies16 likes
2
Image Description
Image Description

VCGuy

Believe me, itโ€™s not...ย โ€ขย 9m

Swiggy's upcoming IPO will be a multibagger win for early VC investors. ๐ŸŽฏDetailed insights will be available once their DRHP is public, but if you look at the history - - Elevation Capital: Investment of $5.9 M turned into $61.8 M (~10x returns) -

See More
3 replies17 likes
2

Mahendra Lochhab

Content creatorย โ€ขย 2m

Tiger Global-backed used-car marketplace unicorn SpinnySpinny Datalabs_in-article-icon has reportedly raised $131 Mn (about INR 1,121 Cr) in a round led by US-based Accel Leaders Fund.

0 replies1 like
Image Description

Startup Honor

Startup Honor - Your...ย โ€ขย 5m

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

See More
1 replies4 likes
Image Description

CA Saloni Jaroli

Grow & Glowย โ€ขย 3m

โœ… What is the last date for filing Income Tax Returns for individuals in India?

2 replies4 likes

Upendra Kumar

My Workspace | Favor...ย โ€ขย 8m

Stock Market Platform's Empowering Youths With Advanced Features To Expand Interest In F&O [Futures & Options] Trading Terminology Strategically Investments With Good Returns...

0 replies2 likes
Image Description
Image Description

Chamarti Sreekar

Passionate about Pos...ย โ€ขย 28d

Perplexity AI is reportedly closing in on a $500 million funding round at a $14 billion valuation. Thatโ€™s nearly 5x growth in under a year. ๐Ÿ“Œ Summary โ€“ Perplexity in talks for $500M @ $14B โ€“ Accel to lead round โ€“ ARR just under $100M โ€“ Competing

See More
3 replies14 likes
Image Description

Vihaan Subbaiah

Rationale before eve...ย โ€ขย 3m

Considering good returns and the 0% tax on agricultural earnings. What percentage of your portfolio would you be interested to invest in managed agricultural investments ?

1 replies3 likes
Image Description

Vivek kumar

On medialย โ€ขย 5m

Hereโ€™s a short overview of major funding agencies and their operations: 1. Sequoia Capital (USA) Invested In: Apple, Google, Airbnb, WhatsApp. Source of Funds: High-net-worth individuals, pension funds. Returns: WhatsApp investment generated $6.3

See More
3 replies14 likes
5
Image Description

Anil Baviskar

Hey I am on Medialย โ€ขย 6m

hi wveryone I m anil I m a share broker in search of investores

1 replies1 like

Download the medial app to read full posts, comements and news.