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Accel Partners

Dragoneer leads $10m round for India's ZopNow

Dragoneer Investment Group has led $10 million funding round for Indian online grocery retailer ZopNow. Existing investors Accel Partners, Qualcomm Ventures and Times Internet also participated.

  • South Asia
  • 14 April 2015
Indian online tea seller raises $6m

Indian tea retailer Teabox has raised $6 million in a Series A round led by JAFCO Asia, with participation from Keystone Group and Dragoneer Investment Group, and existing investor Accel.

  • South Asia
  • 25 March 2015
Accel raises $305m for India fund

Venture capital firm Accel Partners has raised $305 million for its fourth country-focused fund to invest in Indian start-ups.

  • South Asia
  • 25 March 2015
Tiger Global, Accel commit $5m to India's ChargeBee

US-based Tiger Global has led a $5 million Series B round for India-based subscription billing system developer ChargeBee. Existing backer Accel also participated.

  • South Asia
  • 12 March 2015
Ola and TaxiForSure share a ride

Car ownership in India is very low; according to the country’s 2011 census, passenger vehicle penetration is just 4.9% overall and a mere 9% for urban areas. For a country of 1.3 billion, suffering from poor public transport, it means the demand for...

  • South Asia
  • 11 March 2015
Accel, Matrix invest $111m in NZ accounting software firm

Accel Partners, and existing investor Matrix Capital, have together invested NZ$147.2 million ($111 million) in New Zealand-listed accounting software developer Xero.

  • Australasia
  • 25 February 2015
Google Capital backs India real estate platform CommonFloor

Google Capital has provided a new round of funding for CommonFloor.com, an India-based property listings website.

  • Venture
  • 09 January 2015
News Corp invests in PE-backed India property platform

News Corp has paid $30 million for a 25% stake in the parent of PropTiger.com, an India-based online property marketing platform backed by SAIF Partners and Accel Partners.

  • Real estate
  • 25 November 2014
China’s Sky Solar raises $44.2m in scaled back US IPO

Sky Solar Holdings, a Hong Kong-based independent power producer (IPP) backed by IDG-Accel China Capital, has raised $44.2 million through a US IPO after scaling back the size and pricing of the offering.

  • Cleantech
  • 17 November 2014
IDG-backed Sky Solar seeks up to $150m in US IPO

Sky Solar Holdings, a Hong Kong-based independent power producer (IPP) backed by IDG-Accel China Capital, plans to raise up to $150 million through a US IPO.

  • Exits
  • 24 October 2014
Accel, Ribbit lead $35m round for Australian invoice app

Australia-based invoicing app Invoice2go has received $35 million in a Series A round of funding led by Accel Partners and Ribbit Capital. The company was founded in 2002 but this is its first external funding.

  • Venture
  • 26 September 2014
India's Power2SME raises $7m Series C round

Power2SME, an Indian group buying start-up, has raised a INR420 million ($6.87 million) Series C round from existing investors Accel Partners, Kalaari Capital and Inventus Capital.

  • South Asia
  • 16 September 2014
Accel leads new round for India's TaxiForSure

Accel Partners has led a Series C round of investment for Indian car rental and taxi booking site TaxiForSure.com.

  • Early-stage
  • 22 August 2014
SAIF leads $25m round for India's BookMyShow

SAIF India has led a INR1.5 billion ($25 million) round of funding for Bigtree Entertainment, the company behind cinema and events ticketing site BookMyShow.

  • Early-stage
  • 19 June 2014
Tiger Global leads $31m Series D round for India's Freshdeck

Tiger Global Management has led a $31 million Series D round of investment in India's Freshdesk, a provider of a software-as-a-service (SaaS) customer support platform.

  • Early-stage
  • 13 June 2014
Accel-backed India medical advisory service bought by Ebix

Healthcare Magic, an India-based medical advisory service that won early backing from Accel Partners, has been acquired by NASDAQ-listed on-demand software and e-commerce services provider Ebix.

  • Exits
  • 29 May 2014
Bessemer leads Series B round for India’s TaxiForSure

Bessemer Venture Partners has led a $10 million Series B round of funding for Indian car rental and taxi booking site TaxiForSure.com.

  • Venture
  • 05 May 2014
India start-up targets tea change

Building a business around tea was a logical move for Kaushal Dugar when he left his job as a corporate finance analyst in Singapore to become an entrepreneur back home in India. It has been part of the family business for 80 years. But tea plus e-commerce...

  • South Asia
  • 26 March 2014
Kalaari leads $10m round for Indian online jeweler

Kalaari Capital has led a $10 million round of funding for India-based online jeweler Bluestone.com. Existing investors Accel Partners and Saama Capital also took part in the round.

  • Venture
  • 19 March 2014
China’s Sungy Mobile buys VC-backed app store Getjar

Sungy Mobile, a VC-backed Chinese app developer that went public on NASDAQ last year, has acquired GetJar, a US-based mobile ad network. GetJar previously raised three rounds of VC funding, two led by Accel Partners and the third led by Tiger Global.

  • Technology
  • 13 February 2014
Premji tries Myntra on for size

The growth of Indian e-commerce is well documented and recent estimates by online marketplace and industry poster child Flipkart illustrate just how much farther it has to go. According to Sachin Bansal, Flipkart’s co-founder and CEO, e-commerce grew...

  • Venture
  • 12 February 2014
Helion, Accel invest a further $1m in MySmartPrice

Helion Venture Partners and Accel Partners have invested $1 million in a Series A round for Indian price comparison website Mysmartprice as the company expands its product categories offering.

  • South Asia
  • 23 January 2014
Accel, Tiger Global invest $10.3m in India's CommonFloor

Accel and Tiger Global have upped their stake in Indian online real estate portal CommonFloor, together investing an additional INR640 million ($10.3 million) in the company.

  • South Asia
  • 21 January 2014
Cloud billing platform ChargeBee gets Series A backing from Accel

Accel Partners has led an $800,000 Series A round of investment in ChargeBee, an Indian start-up that helps companies manage their subscription billings.

  • South Asia
  • 14 January 2014
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