Accel India Portfolio and Ventures has been a driving force behind India's growth story, with a focus on investing in startups that have the potential to disrupt markets and create new opportunities. Accel India has a portfolio of over 100 companies, including Flipkart, which was acquired by Walmart for $16 billion.
With a strong presence in India, Accel India has been able to tap into the country's vast talent pool and provide support to its portfolio companies. Accel India's investment in Flipkart is a testament to its ability to identify and back successful startups.
Accel India's focus on investing in startups with a strong potential for growth has led to significant returns for its investors. The fund's success in India has also helped to create a thriving startup ecosystem.
Accel India's portfolio companies have created thousands of jobs and have had a significant impact on the Indian economy.
Areas of Investment
Accel India has a diverse portfolio of investments across various industries.
The fund primarily invests in the internet, software, B2B, FinTech, and marketplace sectors.
Here are some of the key areas of investment for Accel India:
- Internet
- Software
- B2B
- FinTech
- Marketplace
These areas of investment are a key part of Accel India's strategy, and the fund has seen success in these sectors.
Industries/Sectors
Accel India focuses on investing in tech startups, particularly in the early seeding rounds and growth stages.
They have invested in several notable companies such as Cloudera and Dropbox, both of which received funding in their early stages.
Accel's growth capital investments are more focused on firms that are developed and need a bigger amount of capital to grow, such as Qualtrics and DJI.
Some examples of Accel's seed and early stage investments include Jet.com and Webflow.
Accel has also invested in established companies like Atlassian, which required a bigger amount of capital to grow.
Accel's Investment Portfolio
Accel's Investment Portfolio is a diverse range of companies across various industries.
The fund has invested in notable startups such as Vokal, Indifi Technologies, and Coverfox Insurance, which are all based in India.
Accel India's typical investment rounds involve 5-6 partakers, with Accel, Jungle Ventures, and Rajan Anandan often financing startups together.
In the next rounds, the fund is usually obtained by Sequoia Capital India, Qualcomm Ventures, and Omidyar Network.
The standard case for the fund is to invest in startups that are 4-5 years old, but startups with 4 or 5+ founders have a meager chance of getting investment.
Here are some notable Accel investments from 2021:
Accel's Seventh Venture Capital Fund
Accel's Seventh Venture Capital Fund was launched in 2014, marking a significant milestone in the company's history.
With a focus on investing in innovative startups, Accel's Seventh Fund had a target size of $450 million, a substantial increase from its previous funds.
Accel's Seventh Fund was led by Jim Breyer, a seasoned investor with a keen eye for spotting emerging trends and opportunities.
The fund's investments spanned across various sectors, including software, e-commerce, and fintech, demonstrating Accel's commitment to backing a diverse range of startups.
One of the notable investments made by Accel's Seventh Fund was in Flipkart, which would go on to become one of India's leading e-commerce players.
Accel's partnership with Flipkart was a significant one, providing the startup with the necessary funding and support to scale its operations.
The success of Accel's Seventh Fund can be attributed to its strategic investments in innovative startups, which not only generated strong returns but also helped shape the Indian startup ecosystem.
Accel's Seventh Fund was a testament to the company's ability to adapt and evolve in response to changing market conditions and emerging trends.
Frequently Asked Questions
What are the exits of Accel India?
Accel India's notable exits include CrowdStrike, a cybersecurity firm, and Freshworks, a software company. These successful exits demonstrate Accel's expertise in identifying and investing in innovative startups.
How big is Accel India fund?
The Accel India fund is expected to exceed $700 million in size, pending limited partner responses. Its final size will be determined over the next few months.
Sources
- https://avinashraghava.medium.com/why-accel-remains-the-best-fund-for-founders-in-india-2b98d5bab9fa
- https://unicorn-nest.com/funds/accel-india/
- https://parsers.vc/fund/accel.com/
- https://eqvista.com/accel-portfolio-and-top-investments-in-2021/
- https://www.vccircle.com/accel-india-raises-650-mn-for-seventh-venture-capital-fund
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