Global venture capital firm Accel Partners has closed a $305m fund dedicated to India.
Accel India IV will invest in India-based very early stage companies entrepreneurs and selectively pursue growth equity opportunities in the most promising technology companies across the country.
The investment focus area will be on consumer, enterprise software, mobile and healthcare businesses.
Since started investing in India in 2005, Accel has invested in BookMyShow, CommonFloor, Flipkart, Forus, FreshDesk, Mitra Biotech, MuSigma, Myntra, Power2SME, Proptiger and TaxiForSure exiting Myntra (acquired by Flipkart), TaxiForSure (acquired by Ola) and Virident (acquired by Western Digital).
FinSMEs
25/03/2015