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Accel and Prosus have selected six startups for their first joint cohort in India, backing what they describe as “off-the-map” ideas — companies working on problems where markets are undefined and progress is difficult to measure. The inaugural cohort spans healthcare, climate, space, and longevity, reflecting a focus on science-led themes with long development timelines…
Swish, a Bengaluru-based food delivery startup, has raised $38 million in a new funding round, as the 18-month-old company continues to draw investor interest for its 10-minute fresh food delivery service. The Series B round, led by Hara Global and Bain Capital Ventures, also saw participation from Accel, Stride Ventures, and Alteria Capital. It values…
Many artificial intelligence startup ideas are still little more than superficial “wrappers” built on top of existing models. But as the AI model makers add more features, investors are wary of startups that could become so easily unnecessary. Case in point: when reviewing more 4,000 applications for the joint AI accelerator for India startups run…
People without coding backgrounds are discovering that they can build their own custom apps using vibe coding — solutions like Lovable that turn plain-language descriptions into working code. While these prompt-to-code tools can help create nice prototypes, launching them into full-scale production (as this reporter recently discovered) can be tricky without figuring out how to…
A pattern is emerging in the AI infrastructure world: popular open source tools are transforming into venture-backed startups worth hundreds of millions of dollars. The latest example is RadixArk, the commercial company behind SGLang, an increasingly popular tool that helps AI models run faster and cheaper. RadixArk was recently valued at about $400 million in…
Spinny, an Indian online marketplace for used cars, is raising around $160 million as it moves to acquire car services startup GoMechanic, TechCrunch has learned. The Series G round, which includes a mix of primary and secondary transactions, would value the 10-year-old startup at about $1.8 billion post-money, three people familiar with the matter said,…
Google has partnered with Accel to find and fund India’s earliest-stage AI startups in a first-of-its-kind collaboration for the Google AI Futures Fund, launched earlier this year. On Tuesday, Accel and Google announced a partnership to jointly invest up to $2 million in each startup through Accel’s Atoms program, with both firms contributing up to…
The U.S. is far ahead of Europe in the race for large AI models — but the picture is different for the application layer, with emerging category leaders such as Lovable and Synthesia. That’s the conclusion made by global VC firm Accel in its 2025 Globalscape report, which focuses on the AI and cloud market….
Storied investors Accel and Prosus have launched a new investment partnership to back Indian startups from day zero, targeting founders building large-scale solutions with the potential to serve the masses in the South Asian nation. Announced on Monday, the collaboration marks the first time Prosus is investing at the formation stage. Both firms will co-invest…
Urban Company, India’s largest home services platform, stormed onto the public markets on Wednesday, opening 58% above its issue price after delivering the country’s most subscribed IPO of the year. The Gurugram-based startup, which connects users to at-home services ranging from beauty treatments to appliance repair, debuted on the Mumbai-based National Stock Exchange at ₹162.25…