With new USD 650 mn war chest for India, Accel eyes AI, consumer, fintech, manufacturing startups

New Delhi: Global venture capital firm Accel on Monday announced that it has raised a USD 650 million early-stage fund to fuel the next generation of category-defining startups in the focus sectors of artificial intelligence (AI), consumer, fintech and manufacturing. Accel is the first institutional investor in 80 per cent of its portfolio companies. Its…

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India’s economy projected to grow 6.6% in 2025, supported by strong private consumption, investment: UN

United Nations: The Indian economy is projected to expand by 6.6 percent in 2025, primarily supported by robust private consumption and investment, according to a United Nations report that said economic growth in South Asia is expected to remain robust this year mainly driven by the “strong performance” in India. The UN World Economic Situation…

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