Accel, the early-stage venture capital major, is planning to make investments in as many as 25 Indian startups this year, and may launch an India-focused fund in the next couple of years, an executive at the firm said. The firm had made 17 investments in 2023 and 51 in 2022, according to data… Continue reading Venture capital major Accel aims to invest in 25 Indian startups: Prashanth | Start Ups
Tag: Accel
AWS, Accel announce ML Elevate 2023 to support generative AI startups
Cloud service provider Amazon Web Services (AWS) and venture capital firm Accel have announced ML Elevate 2023, a six-week accelerator programme aimed to empower startups building generative artificial intelligence (AI) applications. Generative AI applications have captivated developers and enthusiasts alike with their ability to comprehend and generate realistic conversations, stories, images, videos, and… Continue reading AWS, Accel announce ML Elevate 2023 to support generative AI startups
Exit from Flipkart brings windfall for Tiger Global, Binny Bansal & Accel
Walmart, the world’s largest retailer, has paid $1.4 billion to buy out US-based Tiger Global’s investment in e-commerce firm Flipkart, according to sources. The transaction puts Flipkart’s valuation at $35 billion, against nearly $38 billion in 2021 when it raised funds from Japan’s SoftBank, Walmart, and other investors. Tiger Global, Flipkart co-founder Binny… Continue reading Exit from Flipkart brings windfall for Tiger Global, Binny Bansal & Accel