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Accel, formerly known as Accel Partners, is a global venture capital firm. Accel works with startups in seed, early and growth-stage investments. The company has offices in Palo Alto, California and San Francisco, California , with additional operating funds in London , [ 1 ] [ 2 ] and India .
Accordingly, a merged entity had been formed effective from 01-01-2004 by the name, Accel Transmatic Ltd (ATL). The legal completion of the merger was completed on 9 February 2005. In 2007, Accel Transmatic expanded its animation production by opening up a motion-capture facility in the Kinfra-Film & Video Park in Thiruvananthapuram .
In 2004, the company made a strategic alliance with Singapore-based Frontline Technologies Corporation Limited and made Accel ICIM a joint venture between Accel Ltd and FTC and changed the name to Accel Frontline Ltd.in 2008, FTC was acquired by BT group Plc there by Accel Frontline became a subsidiary of BT frontline Limited.
A group of startups poised to benefit from this shift are those offering banking as a service. One such startup, Unit, has raised $51 million in a Series B round to further its goal of making it ...
Accel Frontline, an Indian IT services company; Accel (company), an American venture capital company; Altium, formerly Accel Technologies a former San-Diego–based CAD vendor; Accel TET, trade name for Disulfiram, a drug used to treat alcoholism; Accel Transmatic, an Indian research and development company; Rolls-Royce ACCEL, a protypal airplane
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Eko India Financial Services Pvt. Ltd. is an Indian fintech company, servicing the State Bank of India (SBI), ICICI Bank, and Yes Bank, and provides banking services and mobile banking. [ 1 ] [ 2 ] [ 3 ] With Bharti AXA Life Insurance Company, it provides Bharti AXA Life - Bachat Bima, micro-insurance policies.
The company announced on 10 July 2013 that it had raised an additional US$200 million from existing investors, including Tiger Global, Naspers, Accel Partners and Iconiq Capital. [ 121 ] Flipkart's reported sales were ₹ 40 million (US$460,000) in the FY2008 –09, [ 122 ] [ 123 ] ₹ 200 million (US$2.3 million) in the FY2009–10 [ 124 ] and ...