Accel India has neared its eighth fund of US$650 million, bringing its total commitments to nearly US$3 billion, focusing on pre-IPO startups.

Known for investments in Flipkart and Swiggy, the firm has raised an additional US$1.35 billion for its global growth fund to support Indian startups, particularly those in non-metro regions, and fund both existing and new ventures.

The fund will back startups like Zetwerk, Captain Fresh, and Urban Company, all planning IPOs in 2025.