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Accel is known for early investments in companies such as Meta, Slack, Dropbox, Flipkart, and Swiggy
May launch India-focused fund in a few years
Meity may meet advisory group on e-commerce and cyber laws; meanwhile US lawmakers rush to sell SVB assets and make portion of uninsured deposits available to account holders as early as Monday
The company will use the funds to expand its business in India and abroad. Powerplay said the value of construction managed on its platform from January to June 2022 is worth Rs 7,500 crore
Accel's SeedToScale platform aims to share highly-curated insights, networks and playbooks from founders, investors and operators with the startup founders
The decision against N R Panicker was taken on the basis of the report submitted by Deloitte Touche Tohmatsu India LLP