Accel India’s Prakash: ‘We Are Yet To See Slowdown In Business Plans We Receive’

Prashant Prakash, Partner, Accel India, says only very high quality biz plans will get funded now.

Accel India, the new avtar of Erasmic Venture Fund, the Bangalore-based early and seed stage fund, recently closed their second fund with a corpus of $60 million. Erasmic earlier managed about $10 million and usually invested sub-$1 million in very eary stage companies. VCCircle’s Shrija Agrawal caught up with Prashanth Prakash, Partner, Accel India, in an email interview post the fund closing announcement.

Your fund has swelled from $10 million or so earlier to $60 million now. What new can we expect from Accel Partners now? There will be a continued emphasis on the seed and early stage space as in our earlier fund. What will be new is our ability to leverage Accel

loading

Comments have been disabled for this post