Accel India V Reaches US$450 Million Final Close (Asia)

Source: Live Mint  |  Author(s): Anirban Sen, Mihir Dalal

Global venture capital firm Accel Partners has reached a final close for its fifth India-focused fund with US$450 million in commitments. The fund will invest in the consumer internet, enterprise software, financial technology and health care sectors. Accel reportedly plans to begin investing from the fund in early 2017.