Accel

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Accel Backs Sarla Aviation's Electric Air Taxis in India

Sarla Aviation, an electric air taxi startup, secured $10 million in Series A1 funding led by Accel, aiming to develop high-payload, short-range taxis for India's congested cities.
The funds will be used to establish an R&D center in...

CosmicTacoGrapevine10d

Accel has raised a new $650 million early-stage fund for Indian startups, focusing on AI, consumer brands, fintech, and manufacturing.
Founders face tougher competition as every category is crowded, requiring more nuanced strategies...

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India will not create $100 bn AI companies — Accel Thoughts?

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This is an open secret. we still have companies with billion dollar reserves talking about 6 day work week. Most ...

Accel will probably not. But they're not wrong either. We aren't on equal footing with SF and their ecosystem. ...

CosmicTacoGrapevine1mo

Industrial AI startup Haber has raised $44 million in a funding round led by Creaegis, BEENEXT, and Accel.
The funds, split between $38 million equity and $6 million debt, will be used for expansion in America and portfolio diversifi...

CosmicTacoGrapevine1mo

Bluestone filed its draft red herring prospectus with SEBI to raise over INR 1,000 Cr through an IPO.
The fresh issue proceeds will be allocated to working capital, corporate purposes, and new stores, while key investors like Accel a...

CosmicTacoGrapevine1mo

Bluestone, an omnichannel jewellery retailer, filed its DRHP with SEBI for a Rs 1,000 Cr IPO.
Accel Capital, Iron Pillar, and Sunil Kant Munjal to divest substantial stakes, while Saama, Ivycap, and Kalaari Capital to exit completely...

CosmicTacoGrapevine1mo

FirstClub, launched by ex-Cleartrip CEO Ayyappan R, raised $8 Mn in seed funding from Accel, RTP Global, and notable angel investors.
The startup plans to offer premium curated products including fresh foods and supplements, aiming t...

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CosmicTacoGrapevine1mo

Swish, a 10-minute food delivery startup, has secured $2M in seed funding led by Accel, with participation from angel investors.
The company plans to use the funds to expand its operations and scale its presence across Bengaluru. *...

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CosmicTacoGrapevine2mo

Swiggy's IPO has resulted in major returns for investors Elevation, Accel, and Prosus.
The IPO process, initiated in April 2024, saw shares worth at least $1.6 billion being sold by existing investors.
Prosus, the top stakeholder...