According to multiple reports, Accel said that it had raised $650 million for its Eighth fund that focuses on India. With this, Accel has committed about $3 billion in total to businesses based in India. Successful businesses including Blackbuck, Bluestone, Flipkart, Freshworks, and Swiggy have all benefited from Accel India's early-stage investments.

Additionally, $1.35 billion is thought to have been raised by Accel's global growth fund. A portion of that will go toward Pre-IPO Indian firms. In order to be in the best position to promote business growth, Accel prefers to invest in startups as early as possible and views itself as a patient investor.

Accel secured $650 million for its seventh fund with an emphasis on India in March 2022. The $550 million raised for the sixth vehicle in 2019 and the $450 million raised for the fifth vehicle in 2016 were less than this.

Accel began making investments in India in 2005, and the first fund, valued at $10 million, was launched in 2008. The seventh fund with an emphasis on India focused on Web3 startups, SaaS, finance, and digital health.

Companies involved in Accel's SeedtoScale and Atoms programs have been among its investments in India. Atoms, the fourth cohort of Accel's pre-seed investment program, was just revealed.

Startups in fields like artificial intelligence, e-commerce, fintech, healthcare, and education are the focus of this program. Prayank Swaroop and Anand Daniel, Accel partners, are the mentors of the fourth Atoms cohort. Up to $1 million can be invested in convertible notes or equity through the three-month Atoms program.