Accel closes $60M India fund

Silicon Valley venture firm Accel has successfully established a beachhead in India, completing an expected $60 million close for a fund called Accel India that will invest in seed and early-stage startups in the country.

The effort is most notable because many Silicon Valley firms stick… Continue Reading

Accel opens an Indian outpost, with an eye toward $60M raise

Accel opens an Indian outpost, with an eye toward $60M raise

Venture capital is streaming to India. The latest fund to add its chips to the pile is Accel Partners, a successful Palo Alto firm that already has outposts in the United Kingdom and China.

Accel, rather than beginning from scratch, is taking over a local firm… Continue Reading