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Accel has raised $550 million for its India fund, part of a $3.5 billion global fundraising. This fund targets pre-seed to Series A startups in various sectors including AI and fintech.

PRIVATEAug 12, 2026•about 4 hours ago

Amount Raised

$550 Million

Round Type

Pre-Seed

United States

Description

US-based venture capital firm Accel has successfully raised a $550 million early-stage fund dedicated to India, marking the first time it has raised all its global funds together. This new fund is intended for pre-seed to Series A startups across several sectors, including AI and fintech. Accel has previously raised $1.2 billion for India over the last 18 months. The fund will support early-stage companies targeting both Indian and global markets.

Company Information

Company

Accel

Location

United States

About

”Indeed, as TechCrunch recently reported, Accel has a history of backing companies that were previously bootstrapped (and often profitable) -– the latest example being Lower, a Columbus, Ohio-based fintech, which just raised Wong says Accel is “open-minded but thematic” in its investment approach.Accel Partner Sonali de Rycker, who is based out of London, agrees. Accel is also patient.

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