Accel India raises $650 mn for seventh venture capital fund2 min read . Updated: 02 Mar 2022, 03:23 PM IST
- The seventh fund is higher than the $550 million it raised for its sixth vehicle in 2019 and $450 million it raised for its fifth fund in 2016.
Accel India, an early backer of startups such as Flipkart and Freshworks, on Wednesday said it has raised $650 million in commitments for its seventh fund to invest in new opportunities across India and Southeast Asia.
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