Startups
Accel Limited began it's journey in the year 1991 as a vendor independent IT services company headquartered in Chennai, India. Over the years a passion for excellence and an unwavering focus on customer service saw the transition of the start-up into a successful technology services Group. Rapid organic growth along with a series of acquisitions and mergers ensured the evolution of the Group into a multi-divisional multi-location entity. After having exited the flagship, Accel Frontline Limited, in 2016 the company re-entered the IT services business along with a foray into Digital Media and Realty.
Overview
Location
India, Tamil Nadu, Chennai
Employees
201-500
Founded date
1991
Funding Rounds 1
| Date | Series | Amount | Investors |
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Mentions in press and media 5
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| Mar 2, 2022 | Accel India raises $650 mn for seventh venture capital fund | Accel India raises $650 mn for seventh venture capital fund Premium With the latest fund, Accel's commitment to the startup ecosystem in the region has increased to over $2 billion, said Accel in a statement. (REUTERS) 2 min read . Upd... |
| Nov 30, 2016 | Accel India closes its newest fund with $450 million — and in record time | Accel India has closed its fifth fund with $450 million, roughly two years after closing its fourth fund with $325 million. Whether it’s another sign of froth in the country or underscores a very real opportunity remains open to argument. I... |
| Nov 12, 2008 | Accel closes $60M India fund | Silicon Valley venture firm Accel has successfully established a beachhead in India, completing an expected $60 million close for a fund called Accel India that will invest in seed and early-stage startups in the country. The effort is most... |
| Nov 12, 2008 | Accel India Closes $60M Second Fund For Seed, Early Stage | While there are almost all the funds targeting the late stage, growth capital investing and even PIPE ( private investments in public equity) investing, here is a VC fund which has raised capital to do seed and early stage investing. Accel ... |
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FAQ about Accel Limited
When was Accel Limited founded?
Accel Limited was founded in 1991.
How many funding rounds has Accel Limited raised?
Parsers VC lists 1 funding round of Accel Limited.
What has the press written about Accel Limited?
Parsers VC has collected 5 articles mentioning Accel Limited, among them “Accel India raises $650 mn for seventh venture capital fund” (Mar 2, 2022) and “Accel India closes its newest fund with $450 million — and in record time” (Nov 30, 2016).
Is Accel Limited still active?
Yes, Accel Limited is active; its latest activity on Parsers VC dates from Mar 3, 2022.