Accel Closes $650 Million Eighth India Fund

CosmicTaco · 2025-01-02T09:11:59.885641+05:30

- Accel has raised a record $650 million for its eighth India fund, matching its previous fund size. This move will deepen its focus on India, particularly non-metro companies. - Accel's latest fund success follows the IPOs of portfolio companies Swiggy and Blackbuck, with Swiggy's $1.35 billion IPO being a standout. - Accel's strategic early investments, including in Flipkart and Swiggy, have delivered massive returns, exemplifying its approach to early-stage investing. Source: [Moneycontrol](https://www.moneycontrol.com/news/business/startup/accel-closes-eighth-india-fund-with-650-million-capital-pool-12901652.html)

Accel has raised a record $650 million for its eighth India fund, matching its previous fund size. This move will deepen its focus on India, particularly non-metro companies.
Accel's latest fund success follows the IPOs of portfolio companies Swiggy and Blackbuck, with Swiggy's $1.35 billion IPO being a standout.
Accel's strategic early investments, including in Flipkart and Swiggy, have delivered massive returns, exemplifying its approach to early-stage investing.

Source: Moneycontrol