Accel Partners announces $155-M India fund
Accel Partners announces $155-M India fund
Posted by: Prashanth Hebbar in in the news on Nov 16, 2011
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Its raining funds. Close on the heels of Intel Capital's $40 million fund for Asia, Accel Partners is announcing a $155 M fund for India.
This fund, third in its half-decade of operations in India, is the largest and focuses on early stage startups, reports Techcrunch.
Accel's marquee investee in India is Flipkart. The fund has a deep interest in technology, security, health and biotech, and retail sectors.
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