business

Why Accel is bullish on Bharat founders, where it will deploy $650 million and more

Accel, one of the most prominent investors in Indian startups has raised a $650 million (around Rs 5,500 crore) early-stage fund, its eighth for India, to back “disruptive and category-defining” businesses. With this fund, Accel plans to focus its investments in key sectors like artificial intelligence (AI), consumer, fintech, and manufacturing. Accel's Anand Daniel and Shekhar Kirani spoke to Moneycontrol's Chandra R Srikanth on The Bharat opportunity Finding the next Flipkart, Freshworks, Swiggy Impact of AI on SaaS Succession planning Why starting up today requires more nuanced thinking compared to a decade ago

first published: Jan 6, 2025 08:25 pm