Accel & Prosus Back 6 Bold Indian Startups
Tech News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Accel and Prosus unveil first joint Indian startup cohort, backing six trailblazing ventures in healthcare, climate, space, and longevity. These companies tackle uncharted problems, prioritizing breakthroughs over quick growth. Founders receive more than funding, gaining time to experiment. Investors view these paths as non-linear, hinging on key tech wins. Accel and Prosus lead with checks from $500,000 to $2,000,000, matched by Prosus, aiming to reduce early dilution. This model could revolutionize funding for challenging innovations.
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