Accel and Prosus Partner to Invest in Indian Startups
Accel and Prosus have launched a new investment partnership to back Indian startups from the early stages.
Under this partnership, Prosus will match Accel's investment in Indian startups, targeting founders building large-scale solutions.
- Focus on companies addressing systemic challenges across sectors such as:
- Automation
- Energy transition
- Internet services
- Manufacturing
India's digital economy is growing rapidly, with over 1.4 billion people, more than a billion internet users, and over 700 million smartphone users.
India is the second-largest smartphone market after China.
Author's summary: Accel and Prosus partner to invest in Indian startups.