Accel, Prosus team up for early-stage investments in India

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Dutch technology investor Prosus and US-based venture capital firm Accel have entered into a partnership to co-invest in early-stage Indian startups across areas such as advanced manufacturing, energy transition and artificial intelligence-based automation, according to a joint statement.

The tie-up expands Atoms X, Accel’s early-stage founder programme, with Prosus set to match Accel’s investments in each selected startup. On a combined basis, the cheque size for seed investments under this programme will range between $200,000 and $2 million,…



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Accel, Prosus team up for early-stage investments in India



Dutch technology investor Prosus and US-based venture capital firm Accel have entered into a partnership to co-invest in early-stage Indian startups across areas such as advanced manufacturing, energy transition and artificial intelligence-based automation, according to a joint statement.

The tie-up expands Atoms X, Accel’s early-stage founder programme, with Prosus set to match Accel’s investments in each selected startup. On a combined basis, the cheque size for seed investments under this programme will range between $200,000 and $2 million,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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