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Next Accel’s $550 million India fund; South Park Commons bets on deeptech Want this newsletter delivered to your inbox? Accel raises $550 million for India
Next Accel’s $550 million India fund; South Park Commons bets on deeptech Want this newsletter delivered to your inbox? Accel raises $550 million for India, keeps early-stage focus as AI reshapes deal flow Capital Call: Indian VCs face toughest fundraising market in a decade VCs double down on high-growth bets as select startups ratchet up steep valuations Silicon Valley’s South Park Commons bullish on India's deeptech space It will back around 70 companies, with about 60% of the corpus reserved for follow-on investments.
Through the new fund, SPC will also participate in series A deals, beyond its traditional pre-seed and early-stage focus. Silicon Valley’s South Park Commons ramps up India deeptech push UPI fee should vary by merchant size and sector: PayU India CEO ISM 2.0 will offer 30% capital subsidy, five-year PLI for chip ecosystem The PLI will be set at 10% of the domestic bill of materials (BoM) value in the first year, staggered to 8%, 6%, 4% and 2% over the next four years.
Total government support will be capped at 50% of eligible capital expenditure. Other Top Stories By Our Reporters Global Picks We Are Reading
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