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Accel Partners

online-payment-shopping-ecommerce
Indonesia payments player Xendit raises $150m Series C

Indonesian digital payments infrastructure provider Xendit has raised a $150 million Series C round led by Tiger Global Management at a valuation of around $1 billion.

  • Southeast Asia
  • 16 September 2021
saas-software-enterprise
India's FreshWorks targets $912m US IPO

Freshworks, which earlier this year lost its status as India’s most valuable software-as-a-service (SaaS) start-up, is looking to raise up to $912 million through a US IPO.

  • South Asia
  • 16 September 2021
India media SaaS platform Amagi raises $100m

Accel Partners, Avataar Ventures, Norwest Venture Partners, and Premji Invest, have committed $100 million in funding to Amagi, an India-based software-as-a-service (SaaS) platform aimed at TV broadcasters.

  • South Asia
  • 14 September 2021
homelane
India home interiors player raises $50m Series E

IIFL Asset Management has led a $50 million Series E round for Indian interior design start-up HomeLane.

  • South Asia
  • 13 September 2021
India's Eruditus raises $650m at $3.2b valuation

India’s Eruditus Executive Education, operator of professional upskilling portal Emeritus, has raised a $650 million Series E round led by Accel and SoftBank Vision Fund 2 at a valuation of $3.2 billion.

  • South Asia
  • 16 August 2021
software-code-01
Accel-KKR buys majority stake in New Zealand's Unimarket

Accel-KKR, a PE firm created by Accel Partners and KKR, has acquired a majority stake in New Zealand’s Unimarket, a diversified procurement marketplace, for an undisclosed sum.

  • Australasia
  • 05 August 2021
darpan-sanghvi-myglamm
Deal focus: MyGlamm leverages brand awareness

The Indian direct-to-consumer beauty brand claims to stand out from the competition thanks to broad product coverage and a content-driven customer acquisition engine. Its Series C investors appear to agree

  • South Asia
  • 03 August 2021
cosmetics-makeup-beauty-3
Accel leads Series C top-up for India's MyGlamm

Accel has led a Series C top-up for MyGlamm, an India-based direct-to-consumer (DTC) beauty products marketplace, taking the overall round to INR5.3 billion ($71.1 million).

  • South Asia
  • 28 July 2021
swiggy-infographic-india
Vision Fund, Prosus lead $1.25b round for India's Swiggy

SoftBank Vision Fund 2 and Prosus Ventures have led a $1.25 billion funding round for Swiggy, an India-based on-demand delivery platform.

  • South Asia
  • 21 July 2021
India-founded SaaS start-up BrowserStack raises $200m

KPCB growth-stage spinout Bond has led a $200 million Series B round for BrowserStack, a software testing platform established by two Indian entrepreneurs.

  • South Asia
  • 18 June 2021
pharmacy-drugstore-medicine-drug
India's Tata Digital makes healthcare, fitness investments

Tata Group’s digital unit has continued its investment spree, dipping into India’s healthcare and fitness spaces with the acquisition of telemedicine platform 1mg Technologies and a $75 million commitment to CureFit.

  • South Asia
  • 11 June 2021
New Zealand's Seequent sold to US trade buyer for $1b

Accel-KKR, a private equity firm created by Accel Partners and KKR, is set to exit New Zealand engineering software provider Seequent to a US strategic in a deal worth $1 billion.

  • Australasia
  • 15 March 2021
construction-building
Tiger leads $100m Series C for India's Infra.Market

Tiger Global Management has led a $100 million Series C round for India’s Infra.Market, valuing the construction materials marketplace at $1 billion.

  • South Asia
  • 26 February 2021
fintech-financial-technology-01
India’s Zolve raises $15m seed round

Accel and Lightspeed Venture Partners have led a $15 million seed round for Zolve, an India-based digital bank focused on cross-border services.

  • South Asia
  • 22 February 2021
Vintage update: India 2011-2013

A selection of India-based assets that remain in the portfolios of Accel Partners, Aditya Birla Private Equity, BanyanTree Finance Private, Faering Capital, and Helion Venture Partners

  • South Asia
  • 16 February 2021
pool-video-game
Flipkart buys India mobile gaming start-up Mech Mocha

Indian e-commerce marketplace Flipkart has bought Mech Mocha, a local mobile gaming start-up that has previously received VC funding from Blume Ventures, Accel Partners, and China’s Shunwei Capital.

  • South Asia
  • 04 November 2020
99designs
Australia's 99Designs acquired by European trade buyer

Australia’s 99Designs, a global graphic design marketplace, has been acquired by Ireland-based Cimpress, the owner of marketing services firm Vistaprint. It sets up at least one VC exit.

  • Australasia
  • 06 October 2020
airmeet
Asia-focused events platform Airmeet raises $12m

Sequoia Capital India has led a $12 million Series A round for US-based and Asia-focused virtual events platform provider Airmeet.

  • South Asia
  • 16 September 2020
Blackbird joins $18m round for Australia's Propeller

Blackbird Ventures has joined a A$26 million ($18.3 million) round for Propeller Aero, an Australian data analytics provider focused on drone surveying at industrial worksites.

  • Australasia
  • 21 July 2020
girl-student-india
India's Vedantu raises $100m round Series D

Indian online tutoring service Vedantu has raised $100 million in a Series D round led by US hedge fund Coatue Management.

  • South Asia
  • 17 July 2020
IDG, Accel back take-private of Hong Kong’s Sky Solar

IDG Capital Partners and Accel Partners have joined a take-private bid for Sky Solar Holdings that values the Hong Kong-based and NASDAQ-listed power provider at around $2.5 billion.

  • Greater China
  • 27 May 2020
online-payment-credit-card-laptop
Indian fintech Juspay raises $21m Series B

Juspay, a developer of mobile payment solutions for online businesses, has raised $21.6 million in a Series B round led by Vostok Emerging Finance, a Swedish investment firm.

  • South Asia
  • 01 April 2020
Avaana Capital co-founder takes over reins at India's Coverfox

Sanjib Kumar Jha, co-founder of private equity firm Avaana Capital, has been appointed CEO of struggling Indian online insurance marketplace Coverfox.

  • South Asia
  • 25 March 2020
stanza-living
US GP joins Series C for India’s Stanza Living

US-based Equity International has joined a Series C round of undisclosed size for India’s Stanza Living, a technology-enabled hospitality and student housing services provider.

  • South Asia
  • 04 March 2020
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