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: venture
IndiGo to set up LLP for venture capital investments in early stage firms
IndiGo’s Chief Financial Officer Gaurav Negi said it will be going for regulatory approvals for setting up the LLP and that internal discussions are happening about the possible investments. InterGlobe Aviation will set up a venture capital arm to make investments in early stage companies that are into aviation, consumer and allied sectors. … Continue reading IndiGo to set up LLP for venture capital investments in early stage firms
Foxconn EV venture targets India and Thailand for new small car plant
Foxconn’s venture attempting to build a standardised electric vehicle platform is targeting India or Thailand for the production of a small battery-powered car under development, the unit’s chief executive said. The Taiwanese company’s EV platform unit Mobility in Harmony (MIH) would be willing to work with its parent or another company to build… Continue reading Foxconn EV venture targets India and Thailand for new small car plant