Accel Partners

Accel's Subrata Mitra, an early backer of the e-commerce giant Flipkart, said that startups should pick a problem they believe will stand the test of time.

Global AI Conclave: AI for Bharat will need philanthropic investment in the initial stages, say Accel and Karya

Venture capital firm Accel’s founding partner Prashanth Prakash AI models can distil and synthesise information at a simpler level by building new interfaces like chatbots that can communicate through voice in Indian languages

Decarbonisation platform Accacia raises seed funding led by Accel and B Capital

Both B Capital and Accel Partners raised new funds of around $250 million and $650 million respectively earlier this year

Fund will have a 10-12 year life cycle, won’t strategise based on the last 6-8 months : Bertelsmann India Investments’ Makkar

BII recently invested in two future-of-work themed start-ups from its newly announced fund of $500 million to be invested into Indian start-ups in the next few years.

Kotak Investment Advisors launches Fund of Funds, targets Rs 1,500-crore fund raise

The Fund will be exploring multiple sectors including consumer, technology and healthcare

Eduardo Saverin’s B Capital closes $250 million fund to invest in early-stage startups

The latest fund will be focused on finding start-ups across digital healthcare, enterprise software, fintech and logistics, among other growing industries

Scripbox raises $21 million in funding from Accel Partners, others

The company has grown aggressively through the COVID period, and its assets under management (AUM) stand at close to Rs 5,000 crore, with cumulative transactions exceeding 8.1 million to date.

Here are the investors who have exited from Flipkart

Shekhar Kirani of Accel, Deep Nishar of SoftBank and IDG Ventures besides a large number of pension funds Investors have exited the e-commerce giant.

Ready to cook: Fingerlix raises USD 7 mn from Accel and Zephyr

The company competes with existing players such as MTR, Aashirvaad, Weikfield and others in the ready to cook mixes market.

FabHotels raises $25 mn from Goldman Sachs, Accel Partners

The funds will further accelerate the nationwide expansion plans of FabHotels, a company release said.

Swiggy raises $80 million from Naspers, others

The funding will give the Bangalore-based firm enough strength to compete with rival Zomato and Foodpanda

Mech Mocha raises $5 million from Accel Partners and others

In December 2015, it raised USD 1 million seed round funding led by Blume Ventures and Flipkart

Flipkart-backed startup raises $70 million in Series C round

The company claims to have over 1 lakh truckers on its platform and serves MNCs like Unilever, Coke, ITC, Pepsi and others

Young Turks @ Let's Ignite 2017

Young Turks partnered with the third edition of Let's Ignite 2017 in Bengaluru, ran by Let's Venture which is a platform for Angel Investors to find and discover startup investments. The theme for Let's Ignite this year was exits.

Fund-raising by PE and VC firms declines 6% in 2016: Report

Fund raising activity in the PE and VC space witnessed a decline of 6 percent in 2016. PEs and VCs raised closed to USD 24.1 billion in 2016 as compared to USD 25.7 billion in 2015.

Sachin Bansal, Binny Bansal and others invest $5.8 m in SigTuple

The company provides a data driven, machine-learned, cloud-based solution to improve the accuracy and efficiency in disease diagnosis. To gain insights from data the company have a machine learning platform called Kurma.

2017 will be a defining year for Flipkart: Sachin Bansal

2017 will be a defining year for Flipkart as the company is looking to take "decisive lead" in the Indian market, its co-founder Sachin Bansal has said.

Housing sales grow 12% in July-Sep to 54,721 units in 9 cities

Sales, however, fell by 1 percent from 55,500 units in the previous quarter in nine cities - Mumbai, Kolkata, Chennai, Hyderabad, Bengaluru, Ahmedabad, Gurgaon, Noida and Pune.

Moglix raises Rs 28 cr from Accel Partners, others

Ratan Tata backed Moglix today said it has raised Rs 28 crore from investors led by Accel Partners, Jungle Ventures and SeedPlus.

AceBot.ai secures USD 650,000 seed funding from Accel Partners

Despite launching roughly six months ago, AceBot has already made a name for itself within the Slackbot ecosystem through the way it makes things like managing daily to-dos, tracking expenses, running polls, and collecting ratings so easy.

Indian SaaS market to cross USD 50 bn: Report

"In a market with demand fulfilment largely led by US, India's competitive advantages will help Indian SaaS companies see strong growth and create USD 50 billion in value over the next 10 years," says a joint report by Google and Accel Partners released on Friday.

Budget 2016-17 for MSMEs - Positive Measures, True Potential Still Untapped

The Union Budget 2016-17 laid special emphasis on job creation and outlined measures to facilitate ease of doing business whilst simultaneously ...

Budget 2016-17 for MSMEs - Positive Measures, True Potential Still Untapped

The Union Budget 2016-17 laid special emphasis on job creation and outlined measures to facilitate ease of doing business whilst simultaneously ...

Flipkart denies media report of Accel selling $100 mn stake

Accel, the first venture investor in Flipkart, remains the second-largest shareholder after New York-based hedge fund Tiger Global Management following the deal, the Economic Times reported.