Tag: accel
Accel raises $550 million for India, keeps early-stage focus as AI reshapes dealflow
Accel, an early backer of Flipkart, Swiggy, and Urban Company, has raised $550 million for its ninth India fund, about 15% lesser than its Fund…
Yulu, Bounce seek funds as gig-EV rentals zoom
Electric mobility startups Yulu and Bounce Infinity are in talks to raise $50 million and $20-25 million, respectively, to expand their electric vehicle (EV) rental…
Building materials quick commerce startup Fixxly raises $5.5 million from Accel, Lightspeed, Fireside
Bengaluru-based building materials quick commerce startup Fixxly has raised $5.5 million from Accel, Lightspeed India, and Fireside Ventures.The company plans to use the capital to…
Quick medicine delivery startup Plazza raises $15 million from Accel, Elevation, Nexus, others
Quick medicine delivery startup Plazza has raised $15 million in a round co-led by Accel, Elevation Capital, and Nexus Venture Partners, with participation from existing…
Vibe-coding startup Emergent’s valuation jumps 5x to $1.5 billion in new funding
Vibe-coding startup Emergent has raised $130 million in a funding round led by private equity firm Creaegis, alongside Ranjan Pai’s family office vehicles MNI Ventures…
Contract manufacturer Zetwerk receives Sebi nod for IPO
Contract manufacturer Zetwerk has received approval from the Securities and Exchange Board of India (Sebi) for its initial public offering (IPO). The IPO is expected…
Mukesh Bansal-led Nurix AI acquires Verloop to expand enterprise offerings
Myntra and Cult.fit founder Mukesh Bansal-led Nurix AI has acquired conversational AI firm Verloop as it looks to strengthen its voice and chat offerings for…
L’Oréal-Innovist deal: early investors cash in big, founders pocket Rs 800-900 crore
Innovist cofounder and chief executive Rohit Chawla is expected to pocket around Rs 600-700 crore from the sale of part of his stake to French…
L’Oréal buys control of Innovist as India beauty battle intensifies
L’Oréal SA is acquiring a majority stake in Indian beauty startup Innovist, deepening its bet on one of the world’s fastest-growing personal care markets as…
Startup investors cash out nearly Rs 18,000 crore after IPO lock-ins end
Top global investors, including SoftBank and KKR, have sold shares worth nearly Rs 18,000 crore in new-age companies, such as Groww and Lenskart, that went…