Accel targets $125m India venture fund
Accel Partners is targeting a $125 million fund that will be dedicated to India, The Business Standard reported. The California-based venture capital firm is understood to have sounded out various large fund-of-funds about its plans.
The new venture fund comes as Accel is seeking to raise $400 million for an India-focused growth capital vehicle. The firm entered India in 2008 through the acquisition of Bangalore-based early-stage...
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