Accel

Premji Invest and Accel are set to post strong gains from Amagi's IPO, with Premji Invest eyeing nearly 14x returns and Accel expected to benefit by about 41%.

The Mumbai-based company aims to use the fresh funds to enhance its AI-based offerings, including risk assessment, credit underwriting, fraud detection, portfolio tracking and debt recovery, while expanding into the Middle East and Asia-Pacific markets.

The funding round included participation from existing investors Accel, Blume Ventures, and Kae Capital, along with continued backing from 8i Ventures and DevC.

Funding highlights for the week of Nov 22 to 28, 2025.

Accel, Info Edge, and Riverwalk Holdings also participated in the round.

Under the Atoms AI Cohort 2026, each selected startup will receive up to USD 2 million in co investment.

This transaction comes shortly after Swiggy, another major investor, exited Rapido.

Prosus will match Accel's investment in each company, creating a seamless path of support from seed to scale.

According to the reports, Iron Pillar PCC is the largest investor exiting through the IPO, planning to sell 1.91 crore shares and expected to achieve an exit value about 2.6 times higher than Accel and Chiratae.

The latest round also saw participation from Tether Investments, Quona Capital, Wintermute, Helios Digital Ventures, Financial Technology Partners, Yolo Investments, Kazea Fund, and GC&H Investments.

The round also saw participation from Elevation Capital and Z47, formerly known as Matrix Partners India.

The below brands have announced their latest funding rounds.

The latest funding was raised from Prosus Ventures, Jump Crypto, and Accel.

This week's top funding deals (Sept 20–26) showcase innovation across AI, cleantech, agri-tech, edtech, and EV sectors.

According to people familiar with the matter, Vedantu is exploring the possibility of raising an additional USD 20 to 25 million over the next five to six months.

The round was led by Accel along with Bajaj Financial Securities Limited, StartupXseed Ventures, JSW Ventures, and the CK Birla Group.

CityMall, Seekho, Blue Tokai, and FirstClub also raised capital this week.

The Series A round was led by Accel and RTP Global, with participation from Blume Founders Fund, 2am VC, Paramark Ventures, and Aditya Birla Ventures.

In 2022, CityMall had secured USD 75 million in a round led by Norwest Venture Partners.

The Series C round's first close was led by Accel, followed by a second close led by Peak XV Partners, with significant participation from WestBridge Capital and Info Edge Ventures.

The below brands have announced their latest funding rounds.