Accel

Prosus will match Accel’s investment in each company. Earlier each company would get around $250,000 to $1 million in funding but now they’ll be able to raise around $500,000 to $2 million at the early stage.

Prosus to pump $350 million in Uber rival Rapido; Accel likely to join as investor

As it happens, both Accel and Prosus are key investors in food and grocery delivery platform Swiggy, which just sold its entire stake in Rapido to avoid any conflict of interest.

Dhiwise pivots to Rocket, raises $15 million from Salesforce Ventures, Accel and Together

The company will use the capital to strengthen R&D, expand product capabilities and expand globally footprint with new headquarters in Palo Alto, California

VC exits shifting towards public markets, says Accel partner Abhinav Chaturvedi

Accel is an investor in Urban Company, which made a stellar market debut on September 17 listing with gains of more than 57%

India’s deep tech push gets $1 bn boost from Indian and US VCs, first bets already in play

The alliance seeks to bridge long-standing capital gaps in deep tech by channelling funds into high-cost, high-impact areas such as semiconductors, AI, robotics, space, defense, and medical devices.

FirstClub in talks to raise $20 million from Accel, Paramark Ventures, others, as investors double down on quick commerce

Targeting India’s top 10% of consumers, FirstClub offers member-only clean-label groceries with 30-minute delivery. It is now looking to scale from Bengaluru to Delhi and Mumbai

BlueStone IPO: Late-stage investors Prosus, Peak XV stare at paper loss; early backers Accel, Kalaari Capital, others exit handsomely

Prosus’ over 4 percent stake in BlueStone is worth roughly Rs 355 crore, Info Edge’s over 2 percent comes to around Rs 198 crore, while Steadview and Think Investments hold stakes valued at Rs 81 crore and Rs 85 crore respectively.

E-pharmacy Truemeds raises $85 million in funding led by Accel, Peak XV

The capital will fund expansion of fulfillment centers beyond metros, bolster engineering and product teams, and establish a new Bengaluru office to leverage India’s tech talent pool.

Former Civil Aviation Secretary Rajiv Bansal joins air taxi startup Sarla Aviation as strategic advisor

The move comes at a critical phase for Sarla Aviation as it prepares to scale operations and begin flight testing of its electric air taxi prototype.

CodeKarma raises $2.5 million in pre-seed round from Prosus, Accel, Xeed Ventures

The AI-native code intelligence platform aims to help developers and AI agents build better, self-improving software

India will see manufacturing unicorns within 3-4 yrs, says Accel’s Prashanth Prakash

Prakash said the VC industry has undergone a clear shift in the last six to nine months, with investors increasingly open to backing companies in asset-heavy, complex sectors such as defence, robotics, semiconductors, and aerospace.

VCs rethinking deep tech: Something’s changed in the last 6-9 months, says Accel

Accel is now actively investing in companies with proprietary technology and intellectual property (IP) at the core of their business models.

Venture capital Accel backs Indian cybersecurity startups to chase innovation over pricing power

Accel has backed six cybersecurity startups, including Akto and Seezo, both of which are gaining ground globally with AI-native, differentiated products.

Accel’s Anand Daniel, SoftBank’s Sumer Juneja step down from Swiggy board

Swiggy has also appointed Faraz Khalid, CEO of Noon, as an independent director on its Board.

Curefoods IPO: Exit feasts, attrition alarms, and growth plans decoded

The DRHP reveals sharp attrition, mounting expenses and a business model heavily reliant on aggregators despite strong topline growth.

Urban Company IPO: Offer size, financial report card, risk factors and other takeaways

Accel, one of Urban Company's earliest backers, is poised for a bumper payout. Its exit value is a staggering 16.7x higher than Tiger Global’s, 5.7x higher than VY Capital’s and nearly double that of Bessemer India. Elevation Capital is also looking at a windfall

Bizongo faces scrutiny after auditors flag potential fraud

The auditors have raise concerns over possible financial discrepancies, prompting Bizongo to launch an internal investigation via existing consultant PwC while dealing with leadership changes and escalating lender disputes.

Accel promotes Pratik Agarwal and Rachit Parekh to Partner

Both joined the firm in 2019 as Principals and have since played a key role in shaping its early- and growth-stage investment strategy in India.

RapidClaims raises $8 million in Series A from Accel and Together Fund

Founded in 2023 by Dushyant Mishra, RapidClaims has seen 6x growth in the last four months and expects to expand 5x in the coming quarters.

Used car marketplace Spinny raises $131 million in fresh funding led by Accel Leaders Fund

Existing investors such as Elevation Capital, Tiger Global, and Fundamentum Partnership also participated in the round.

Specialty chemical startup Scimplify raises $40 million in Series B funding from Accel, Bertelsmann

This fresh capital will accelerate Scimplify’s export expansion beyond the 16 countries it currently serves, while also strengthening its presence in key industries such as life sciences, crop sciences, and industrial chemicals.

India can leverage DeepSeek’s AI moment to build its own breakthroughs: Accel’s Prayank Swaroop

The DeepSeek moment of innovation has succeeded in sparking global interest around the reduced cost of building large language models (LLM). However, deeper scrutiny has also revealed shortcomings such as simple reasoning, contextual generation of content, and political bias, Swaroop said.