Accel has successfully raised $650 million for its eighth India fund, marking a significant expansion of its investment strategy in the region. This follows the firm's previous fund raised in 2022 and solidifies its position as a leading venture capital firm in India. Notable investments include e-commerce giant Flipkart and food delivery service Swiggy. The Indian startup ecosystem is evolving with an increasing number of IPOs, reflecting a thriving innovation landscape. Accel is focusing on rural India, challenging traditional investment approaches in the country.