Accel India closes its newest fund with $450 million — and in record time

Accel India has closed its fifth fund with $450 million, roughly two years after closing its fourth fund with $325 million (though it was announced last year). Whether it’s yet another sign of froth in the country or instead signals a very real opportunity to be seized right now remains an open question. But Shekhar Kirani, a Bangalore-based partner who joined Accel in 2011, answered… Read More