Active Stocks
Thu Mar 28 2024 15:29:14
  1. Tata Steel share price
  2. 156.10 2.13%
  1. ICICI Bank share price
  2. 1,095.75 1.08%
  1. HDFC Bank share price
  2. 1,446.65 0.41%
  1. ITC share price
  2. 427.85 -0.04%
  1. Power Grid Corporation Of India share price
  2. 277.15 2.25%
Business News/ Companies / News/  Accel launches learning platform for entrepreneurs
BackBack

Accel launches learning platform for entrepreneurs

Like its peers, Accel had put new deals on hold at the start of the pandemic in late March, but it soon resumed investing. It remains very bullish about the next decade

The platform, called seed-to-scale, will offer a startup playbook comprising insights, learning programmes, commentary, and networking to entrepreneurs.Premium
The platform, called seed-to-scale, will offer a startup playbook comprising insights, learning programmes, commentary, and networking to entrepreneurs.

MUMBAI: Early-stage fund Accel Partners said it has launched a learning platform for new entrepreneurs to expand their fledgling ventures.

The platform, called seed-to-scale, will offer a startup playbook comprising insights, learning programmes, commentary, and networking to entrepreneurs. The platform is available to all entrepreneurs, even those outside Accel’s portfolio.

Over the past 15 years, Accel has specialised in investing in five areas, including consumer, business-to-business, enterprise software, fin tech, and health tech, said Anand Daniel, a partner at Accel.

"We’ve learnt what works and what doesn’t. There are playbooks customised for each of these verticals that we have developed that we share with our portfolio of around 200 companies. We’ve distilled down these learnings and realised that there are a few things that all founders want, and those are the ones we want to package and make it very easy for (all) founders to access. That’s why we’re (launching) seed-to-scale," Daniel said.

The learning platform is not intended to be "a generalised information platform but a hands-on playbook" for entrepreneurs, he said.

Accel is one of the largest and most prolific early-stage funds in India. In December, it had raised $550 million for its sixth India fund.

Like its peers, Accel had put new deals on hold at the start of the pandemic in late March, but it soon resumed investing. Daniel said Accel remains "very bullish" about the next decade.

"Right now, we’re going through a tough time. However, if you look at (how far) we’ve come—VC investments used to be 0.2% of gross domestic product, now it’s 0.45, which is on a par with a country like the US. So it’s a thriving ecosystem," he said.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Corporate news and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Published: 25 Aug 2020, 06:08 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App

Chat with MintGenie