Accel India cutting down investments?
After sequoia rebranding, funds leaving the country, hearing that accel is looking to cut down on India investment corpus. Big news for a top global fund to step back.
Kendall Carmden
Stealth
a year ago
So?
Accel reducing its activity in India is a big negative sign from global funds towards Indian startups
Not true, from what I hear
They are definitely continuing to invest and still giving out cheques
Pace for all has been slower owing to the market
What do you mean by cut down on India investment corpus? (Reducing fund size? How would that work...)
Blair Carmden
Stealth
a year ago
They just hired ex Swiggy CXO to their team to ramp up deals
Coy Denver
Student
a year ago
I’m pretty sure that Accel has the best DPI /TVPI ratios of major VCs in india. If they’re gonna be cutting back, i’d be surprised.
