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Accel Partners and Erasmic Venture Fund team up, launch Accel India Venture Fund

July 28, 2008 · Posted in Default

Accel Partners has teamed up with Erasmic Venture Fund, an early stage venture financing firm, to launch Accel India Venture Fund. The fund will be managed by the current partners of Erasmic Venture Fund. Erasmic’s portfolio includes HolidayIQ, Kaati Zone, Myntra, Chakpak etc.

Accel Partners has invested in BitTorrent, BrightCove, comScore, Facebook, Glam Media and several such companies.

Accel India Venture Fund will focus on early stage investing and delivering hands on strategic and operational guidance to entrepreneurs.

Congrats to the Erasmic team on the successful transition.