Partnership | DSA x FT Professional - Leaderboard

Silicon Valley VC Accel raises $650m for eighth India fund — same as predecessor

Silicon Valley VC Accel raises $650m for eighth India fund — same as predecessor

Photo: Pixabay

US venture capital firm Accel, which has backed a slew of unicorns in India including Flipkart and Swiggy, has mopped up $650 million (approximately Rs 5,500 crore) for its eighth India fund, show regulatory filings with the US Securities and Exchange Commission (SEC).

Edited by: Pramod Mathew

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter