Accel Partners Adds Neeraj Bharadwaj as Managing Director in India

Accel Partners, a global venture capital and growth equity firm with offices in Palo Alto, Ca., London, UK, Bangalore, India, announced that Neeraj Bharadwaj has joined the firm as a Managing Director.

Neeraj joins Accel from Apax Partners India, where he was Managing Director and Country Head.

At Apax, he helped set up India operations, and prior to that was a Partner in the U.S.. Prior to joining Apax Partners in 1999, Neeraj held positions at McKinsey & Company, Goldman Sachs and Morgan Stanley.
Neeraj holds an MBA with distinction from Harvard Business School, and graduated summa cum laude with a BS in Economics from the Wharton School of the University of Pennsylvania.

At Accel, he will be responsible for scaling the growth stage effort, which will target $10m-50m investments in mid-sized Indian companies across different sectors. This initiative will complement Accel’s existing venture capital activity in India, which targets smaller investments and active involvement in high potential early stage companies.

As stated by Peter Wagner, a Partner in Accel’s Palo Alto office who helped lead the formation of Accel India in 2008, the Indian market is a key element of the company’s global strategy.

Commenting on the announcement, Neeraj Bharadwaj said: “This is an exciting time for growth capital investing in India given the nation’s economic growth and the emergence of first generation companies competing successfully with the incumbents in key markets.
“Accel has the ideal platform to assist these companies, and a stellar track record of building market leaders in media, technology, retail and other high-growth sectors”. 

FinSMEs

19/10/2009

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