Tag: accel
Accel India Fund: Accel nears close of new India fund at $650 million
Accel India, an early-stage backer of Flipkart and Swiggy, has closed its eighth fund, securing $650 million in investor commitments, people briefed on the matter…
Zetwerk: Zetwerk logs 25% rise in FY24 operating revenue; loss triples to Rs 470 crore
Contract manufacturing startup Zetwerk reported a 25% increase in its operating revenue, reaching Rs 14,436 crore for fiscal year 2024. The Bengaluru-based company saw a…
Swiggy IPO: Early investors clock big gains as Swiggy makes Dalal Street debut
Food and grocery delivery major Swiggy’s $1.3-billion IPO and its better-than-expected stock market debut has led to significant gains across the board for its early…
Ninjacart: Ninjacart’s revenue jumps 74% to cross Rs 2,000 crore in FY24, loss down 20%
Walmart and Flipkart-backed business-to-business (B2B) ecommerce firm Ninjacart reported a 74% jump in operating revenue for 2023-24 to Rs 2,002.7 crore, up from Rs 1,153.4…
Eruditus: Eruditus raises $150 million led by TPG Rise, company to flip domicile to India from Singapore
Executive education startup Eruditus has raised $150 million in new funding at a flat valuation of $3.2 billion post-money, led by TPG Rise, an impact…
Indian startups: ET Startup Awards 2024 | Warm-up decade is done, clock is now ticking for the real game
The Indian startup ecosystem is going through an inflection point where founders are building for profitability and eyeing eventual public listing even the investors are…
corporate governance: ETSA 2024 | Everyone has a part to play: Accel’s Subrata Mitra on corporate governance issues among startups
Subrata Mitra, partner at Accel, said everybody has a part to play in corporate governance issues that have cropped up in the startup ecosystem over…
Swiggy IPO: Swiggy IPO: Prosus may pocket $500 million; founders snag $36 million via secondaries
Swiggy’s largest investor Prosus could realise more than $500 million from the food and grocery delivery firm’s upcoming initial public offering as it plans to…
Swiggy files updated prospectus, to raise Rs 3,750 crore
Food and grocery delivery firm Swiggy has filed an updated prospectus for its initial public offering (IPO). The issue consists of Rs 3,750 crore of…
Rentomojo: ETSA 2024: Comeback Kid winner Rentomojo eyes IPO in next 18 months
This is part of a series of interviews with the winners of The Economic Times Startup Awards 2024. After having witnessed an unprecedented downturn during…