Accel eyes more IPOs in ‘standout’ market India this year

Accel plans to take more startups public this year. The venture fund closed its eighth India-focused fund of $650 million. Accel aims to invest in sectors like AI, fintech, and consumer internet. It supports companies from pre-seed to IPO and focuses on aligning valuations with long-term growth. The fund expects IPO activity to continue increasing in the near future.