Accel seeks to raise $650m for latest India-focused fund

Accel seeks to raise $650m for latest India-focused fund

Bengaluru, India. Photo by Dinker Gulati on Unsplash.

Silicon Valley venture capital firm Accel is looking to raise $650 million for a new India-focused fund that will continue to back early-stage startups in the country, according to its filing with the US Securities and Exchange Commission.