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Accel Partners’ $450M India fund to be live in early 2017

Accel Partners has raised $450 million for its 5th India fund, reports Mint. The fund will be deployed early next year in areas like internet, enterprise software, financial technology, B2B and healthcare. The VC firm will invest in seed and early stage startups in India along with follow up and late stage investments in its existing company portfolio.

Mentions: IDG Ventures India Matrix Partners Norwest Venture Partners