Accel and Prosus join forces to co-invest in India's next-generation startup innovations

Global venture capital firm Accel and global technology investor Prosus on Monday (October 27) announced a strategic global alliance to co-invest in pioneering Indian startups through an expanded Atoms X programme.

This partnership targets early-stage LeapTech companies and aims to provide both early conviction and long-term capital to bold founders building frontier solutions from Day Zero.

Under the agreement, Prosus will match Accel's investments in each selected startup, ensuring a continuous funding

pathway from seed stage to scale. The partnership is a global first for Prosus, anchored by Accel, to institutionalise support for a category of founders that has long been underserved.

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Accel brings its founder-first discipline — known for spotting and nurturing India’s most important startups from their earliest days, while Prosus, with its long-term commitment to India, brings patient capital and global reach. Together, they complement each other perfectly: early conviction meets global scale.

LeapTech, as deeply believed at Accel, goes beyond deeptech. It represents innovation that accelerates the pace and breadth of progress, combining engineering ambition and scientific breakthroughs that work at India’s scale to change lives for the better.

Pratik Agarwal, Partner at Accel, said, "This is not merely two prominent funds co-investing in a deal; it is a pivotal step in expanding the LeapTech ecosystem through our Atoms X programme.

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We are seeing an unprecedented convergence of deep technology and entrepreneurship in India and globally — founders who are not just iterating, but inventing. Together, Accel and Prosus will help them scale faster with the right capital, mentorship, and conviction."

"This is Prosus’s first collaboration of its kind globally. Accel is a natural partner to join hands with. We see extraordinary potential in LeapTech founders building from science and engineering first principles to solve global problems,” said Ashutosh Sharma, Head of India Ecosystem, Prosus.