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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 .
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.
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 .
The company was founded in 1988 by Jignesh Shah and is headquartered in Mumbai, India. [9] [10] It offers technology-based intellectual property to create and trade on financial markets. [11] It had its first IPO in 1995. The company introduced its first commodity derivatives trading platform, the Multi Commodity Exchange (MCX) in 2003. [12]
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 ...
Mumbai, India, Mumbai. Key people ... PayMate acquired lender Zaitech Technologies Pvt. Ltd in 2018. [8] [9] Awards and recognition. 2018: Finalist at Citi India ...
Accel announced Tuesday the close of three new funds totaling $3.05 billion, money that it will be using to back early-stage startups, as well as growth rounds for more mature companies. Notably ...
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