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India can be global hub for IP-led innovation: Accel's Prashanth Prakash

Business Standard LogoBusiness Standard1w ago

India can be global hub for IP-led innovation: Accel's Prashanth Prakash - Business Standard

Quick Summary:

Asserting that there is "limitless headroom for entrepreneurs", Prashanth Prakash, partner at Accel says the venture capital firm will use its recently announced USD 650 million fund over the next two-three years to back start-ups focused on AI and tech-led industrialisation.

The company is eyeing 20-25 start-up investments this year as it mounts an aggressive push to tap into India's growing innovation landscape.

The number of sectors that start-ups are impacting is also 10-fold...it is more multi-dimensional and multi-sectoral," Prakash told PTI in an interview.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-14 @ 12:13:19 (1 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 1161 words

Reading Time: 7 minutes read

Sentences: 35 lines

Sentence Length: 34 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 27858755

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Official Website: business-standard.com

Update Frequency: 171 posts per day

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News Last Updated: 2 hours ago

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