New Delhi, Aug. 5 -- Some of Accel's theses for India, such as climate tech and sustainability, agritech, and electric vehicles, haven't panned out as well as the global venture capital firm had hoped. But that's not stopped Accel from setting its sights on what it calls advanced manufacturing, where the firm plans to make significant bets from its latest $650-million fund.
"I don't think climate tech has close to lived up to its potential, at least in India, and I think it's the same for some other nations globally," Prashanth Prakash, partner at Accel told Mint in an interview.
In the agritech space, Accel's investment in AgroStar is among a few that's expected to pay off. The VC firm led a $6.7 million fundraising round in April for ...
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