Accel | Page 3

Business News

Nabhdrishti Aerospace Secures USD 3 Mn to Advance Indigenous Propulsion Technologies

The fresh capital will fuel the development and testing of Nabhdrishti's next-generation engine prototypes, accelerating its mission to indigenise propulsion systems and make clean energy solutions more affordable.

By Entrepreneur Staff

Business News

Scimplify Secures USD 40 Mn Series B Funding to Expand Global Specialty Chemical Manufacturing

By Entrepreneur Staff

Business News

This Week in Startup Funding: Key Investments (Feb 22–28)

By Minakshi Sangwan

Business News

Lightspeed and Accel Back Bridgetown Research with USD 19 Mn to Expand AI Agents

By Entrepreneur Staff

Business News

Spyne Raises USD 16 Mn in Series A to Transform Automotive Retail with AI

This new funding will enable Spyne to accelerate its growth, particularly focusing on expanding its footprint in the US and developing cutting-edge AI solutions to transform automotive retail.

By Entrepreneur Staff

Business News

CHK, Shoppin, and Gallabox Secure Early-Stage Funding to Fuel Growth

Below are the Indian startups that have disclosed their recent investment rounds.

By Entrepreneur Staff

Business News

BPR Hub, JoySpoon, and Postudio Raise Early-Stage Funding

The following startups have announced their latest funding rounds, showcasing significant milestones in their growth journeys.

By Entrepreneur Staff

Business News

Accel Fuels Sarla Aviation’s Flying Taxi Ambitions with USD 10 Mn Investment

Angel investors, including Binny Bansal (Flipkart co-founder), Nikhil Kamath (Zerodha co-founder), and Sriharsha Majety (Swiggy co-founder), also participated in the round.

By Entrepreneur Staff

Business News

Accel Launches USD 650 Mn Fund Focused on AI, Fintech, Consumer, and Manufacturing Startups

In March 2022, Accel launched its USD 650 million seventh India-focused fund, targeting early-stage startups. The latest fund drew significant interest, with participation from 131 undisclosed investors backing regional entrepreneurship.

By Entrepreneur Staff

Business News

Accel Secures USD 650 Mn for Eighth India Fund

The fund garnered support from 131 undisclosed investors, matching the amount raised for its seventh India fund in 2022.

By Entrepreneur Staff

Business News

FinX and FirstClub Raise Early-Stage Funding

The startups listed below have disclosed investment rounds.

By Entrepreneur Staff

Business News

RapidCanvas Raises USD 16 Mn to Accelerate AI Innovation in Business Operations

The new capital will fuel the expansion of its innovative offerings and global reach.

By Entrepreneur Staff

Business News

Haber Secures USD 44 Mn in Series C Round to Drive Global Expansion

Accel remains the largest external stakeholder with an 18.1% stake, followed by Creaegis and Elevation.

By Entrepreneur Staff

Business News

Ex-Swiggy CTO and Former Kotak VP Unite to Empower Individual Traders with Sahi

Sahi offers proprietary trading tools with in-house charts, AI-driven insights, visual risk management, integrated market data, and a customisable interface, empowering traders with secure, reliable, and personalised trading experiences.

By Entrepreneur Staff

Business News

Big Wins for Startups: Key Funding Highlights (Nov 30–Dec 6)

The first week of December saw the funding activity across a variety of sectors, showcasing the resilience and innovation of Indian startups. Here's a detailed roundup of the most notable deals from this period:

By Minakshi Sangwan

Business News

Orange Health Labs Secures USD 12 Mn Funding Led by Amazon Smbhav Venture Fund

The Bengaluru-based platform aims to deploy the fresh funds to accelerate product expansion, bolster team growth, and foster innovation in diagnostics.

By Entrepreneur Staff

Business News

Swish and Theranautilus Raise Early-Stage Funding

The Indian startups listed below have disclosed investment rounds.

By Entrepreneur Staff

Business News

The Good Glamm Group Completes 100% Acquisition of The Moms Co.

In October 2021, The Good Glamm Group had acquired a majority stake in The Moms Co. through a cash and stock deal, which resulted in partial exits for the brand's founders and full exits for investors like DSG Capital and Saama Capital.

By Entrepreneur Staff

Business News

Edtech Platform Eruditus Secures USD 150 Mn from TPG’s The Rise Fund, Existing Investors Increase Stakes

The company plans to deploy the raised funds to expand globally, invest in AI technology, grow its business in India and APAC, and explore acquisitions and investment opportunities to support its growth strategy.

By Entrepreneur Staff

Business News

AI-Driven Robotics Startup Haber Nets Raises USD 38 Mn Funding Led by Creaegis, with Support from Accel and BEENEXT

Founded in 2017 by Vipin Raghavan, Arjunan PN, and Priya Venkat, Haber Nets offers AI-powered industrial robots designed to streamline sample collection, measurement, analysis, and intervention tasks in factories.

By Entrepreneur Staff

Business News

JetSynthesys Welcomes Nikhil Kamath, Ankit Nagori, and Prashanth Prakash as Franchise Owners for GEPL Bengaluru Team

The second season of the league, which is set to take place in early 2025, will see Zerodha co-founder Nikhil Kamath, Curefoods founder Ankit Nagori, and Accel partner Prashanth Prakash stepping into the role of franchise owners.

By Entrepreneur Staff

Business News

Indifi Co-Founder Siddharth Mahanot Exits Indifi After 9 Years, Alok Mittal and Sangram Singh to Lead

After the changeover, it is anticipated that Sangram Singh, the recently appointed chief executive officer (CEO), and another Co-founder, Alok Mittal, will take on leadership roles.

By Minakshi Sangwan

Business News

Myntra and Cultfit Co-Founder Mukesh Bansal’s Nurix AI Raises USD 27.5 Mn From Accel and General Catalyst

The Bengaluru-based startup will use the raised capital to enhance technology, expand R&D, and scale operations in Asia and North America, focusing on partnerships with AI hardware and product companies.

By Entrepreneur Staff

Business News

Accel and Beenext Back Data Intelligence Platform e6data with USD 10 Mn Series A to Drive Data Platform Innovation

The California-and Bengaluru-based startup plans to use the funds to enhance its research and development (R&D) efforts, expand client onboarding, and scale its hiring.

By Entrepreneur Staff

Business News

Accel Launches Accel Atoms 4.0 to Empower Pre-Seed Startups

Accel Atoms 4.0 is a three-month hybrid program for pre-seed startups, offering up to USD 1 million in funding and perks valued over USD 5 million. Participants access Accel's global network of 200+ founders, mentors, and customers.

By Entrepreneur Staff

Business News

Accel Leads USD 9 Mn Series B Round for Sustainable Luggage Brand uppercase

The funding will accelerate uppercase's expansion, enhancing its presence across India by increasing its offline footprint in major metros and solidifying its market position in eco-friendly travel gear.

By Entrepreneur Staff

Business News

The Best Startup Funding This Week: July 27–Aug 2

Here is a list of the startups that have raised the most money this week, from July 27 to Aug 2.

By Minakshi Sangwan

Business News

Wedding Services Startup Meragi Raises USD 9.1 Mn in Series A Round Led by Accel

The Bengaluru-based startup aims to deploy the raised funds towards expanding into new markets, launching new business verticals, and enhancing technology solutions for customers.

By Entrepreneur Staff

Business News

Fibr Secures USD 1.8 Mn Funding Led by Accel to Enhance AI Personalisation Platform

The Bengaluru-based startup aims to deploy the raised funds to improve its AI personalization platform, grow its clientele, and hire engineers, product marketers, salespeople, and go-to-market (GTM) specialists.

By Entrepreneur Staff

Business News

The Best Startup Funding This Week: July 12–19

Here is a list of the startups that have raised the most money this week, from July 12 to July 19.

By Minakshi Sangwan