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Accel India's New Fund Of $60 Million For Seed and Early Stage Fund

Accel India’s New Fund Of $60 Million For Seed and Early Stage Fund

Accel which was earlier Erasmic Ventures in India has closed a $60M Venture Fund to invest in seed and early stage opportunities in India.

The fund is looking at sectors as divers as  Technology, Technology-enabled Services, Internet, Mobile, Media, Life Sciences, Consumer Products and Services, and other high-growth sectors of the Indian economy
Seed and early stage [...]

Accel Partners & Erasmic Ventures Merge To Launch Accel India Venture - Seed/Early Stage Venture Firm

The newly formed Accel India Ventures would also be managed by Subrata Mitra, Prashanth Prakash, Mahendran Balachandran and Gagan Kumar who were earlier the partners at Erasmic Venture Partners. Im assuming the current portfolio of erasmic would also be under Accel India Partners as erasmic seems to have done away with its own corporate site.

erasmic accelindia

Myntra.com gets Seed Funding from Erasmic Venture Fund

For those who dont know Myntra.com is an online marketplace for on-demand consumer products stuff like T-Shirts, Mugs, Calendars, Keychains, Diaries etc where you can publish you own design on the product and then buy it!
They have various customization tools which enable the user to create and customize his own design. Myntra’s core team comprises [...]