Accel and Prosus team up to back earlystage Indian startups | TechCrunch

Image for article Accel and Prosus team up to back earlystage Indian startups | TechCrunch
News Source : TechCrunch

News Summary

  • Storied investors Accel and Prosus have launched a new investment partnership to back Indian startups from day zero.
  • Both firms will co-invest from a startup’s earliest days, with a focus on companies addressing systemic challenges across sectors such as automation, energy transition, internet services, and manufacturing.
  • India is seeing rapid growth in its digital economy, with more than a billion internet users and over 700 million smartphone users.
  • The partnership comes amid growing global capital flows, technology supply chains, and market access.
Storied investors Accel and Prosus have launched a new investment partnership to back Indian startups from day zero, targeting founders building largescale solutions with the potential to serve the [+5179 chars]

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