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
- Shekhar Kirani of Accel (accel.com)
- Subrata Mitra (accel.com)
- Prashanth Prakash (accel.com)
- Mahendran Balachandran (accel.com)
- Dinesh Katiyar (accel.com)
- Anand Daniel (accel.com)
- Abhinav Chaturvedi. (accel.com)
- Barath Shankar Subramanian (accel.com)
- Sairam Krishnan (accel.com)
- Siddharth Ram (accel.com)
- Shrrinesh (accel.com)
- Accel India — 53 Investments, Portfolio, Team members (unicorn-nest.com)
- Our Series A In 1Password (accel.com)
- Seeing through the cloud: Humio’s Series A round (accel.com)
- Reinventing the Service Desk with AI: Our Series A in Spoke (accel.com)
- Why Keith Melnick, former KAYAK president, became The Zebra’s New CEO (accel.com)
- Our investment in Tines.io: Levelling up security operations through automation (accel.com)
- Our Series A in Webflow (accel.com)
- Flipkart: Realizing the India Opportunity (accel.com)
- Our investment in Hopin: Connecting people (accel.com)
- Scaling tips from John Chambers: Part 1 - Spotlight on culture and talent (accel.com)
- The Next Step of AI: Our Continued Investment in Scale (accel.com)
- Our Investment in Trade Republic: Investing in Smart Investing (accel.com)
- Our Series A Investment in Simility (accel.com)
- Our Investment in RiskRecon: Addressing Today's Cybersecurity Blindspot (accel.com)
- Spotlight on Engineering Team Building: Lessons learned from Algolia (accel.com)
- ForeScout's IPO (accel.com)
- Our investment in Personio: The new OS for SMBs (accel.com)
- Our Investment in Ada: Automating Customer Support with Personalized Experiences (accel.com)
- Our Series A in Gem (accel.com)
- Our Series A in Visor: Applying AI to Gaming (accel.com)
- Accel Origins Series: Qualtrics Co-Founder & CEO Ryan Smith (accel.com)
- To become a public company, start operating like one early on (accel.com)
- Our Series B in Radar (accel.com)
- The Accel Effect (accel.com)
- Welcome, Paula Judge (accel.com)
- Our Series A Investment in BrowserStack — a 6 Year Courtship (accel.com)
- Backing a Banking Revolutionary: Our Investment in Monzo (accel.com)
- Our Investment in Ethos: Reinventing Life Insurance (accel.com)
- Deepening Our Longstanding Commitment to India with Our Sixth Fund (accel.com)
- Our seed investment in Zenaton - building workflows should be easy (accel.com)
- Our Series A in Process Street (accel.com)
- Deepening Our Partnership with UiPath: Leading a $153 Million Series B (accel.com)
- Enterprise automation and conversational AI: Our investment in Rasa (accel.com)
- UiPath: The First European Cloud Decacorn is Born (accel.com)
- Securing Access in the Public Cloud: Our Investment in Ermetic (accel.com)
- Data intelligence platform e6data raised $10 M Series A funding from Accel (incubees.com)
- Myntra and Cultfit Co-Founder Mukesh Bansal's Nurix AI Raises USD 27.5 Mn From Accel and General Catalyst The Bengaluru-based startup will use the raised capital to enhance technology, expand R&D,... (entrepreneur.com)
- Mukesh Bansal’s latest venture Nurix AI bags $27.5M from General Catalyst, Accel Recommended Stories For You (yourstory.com)
- Mukesh Bansal’s Nurix AI bags $27.5 Mn from Accel, General Catalyst, Meraki Labs (entrackr.com)
- Nurix AI raised $27.5 M funding from Accel, General Catalyst, Meraki Labs (incubees.com)
- Payment unicorn Zepz raises $267 million from World Bank, Accel and TCV (techcabal.com)
- Simplismart bags $7M in Series A funding round led by Accel Recommended Stories For You (yourstory.com)
- Ex-Oracle and Google Engineers Get $7 Million From Accel for Public Launch of Simplismart to Empower AI Adoption (aithority.com)
- Accel (accel.com)
- Inside Accel India's $650 mn seventh venture capital fund (vccircle.com)
Featured Images: pexels.com