Accel raises $650m for seventh India fund
Accel Partners has raised USD 650m for its seventh India VC fund, which will also make early-stage investments in Southeast Asia. The firm’s total assets under management in the region now top USD 2bn.
It continues a steady increase in fund size with each vintage. Accel secured USD 550m in commitments for Fund VI in 2019. Funds III, IV and V closed on USD 157m, USD 325m, and USD 450m in 2011, 2015, and...
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