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Accel rethinks early-stage startup investing in India
By any benchmark, Accel is among the top venture firms in India. With nearly two dozen Indian unicorn startups, including several category leaders, Accel has handpicked AI and Industry 5.0 as the themes for Atoms because the firm believes that these two sectors will look even dramatically larger in the next 10 years.
Unlike traditional systems, Spintly uses a distributed IoT architecture and edge computing technology, which eliminates the need for heavy back-end infrastructure and enables smartphone-based door access to users. Meritic combines the power of knowledge graphs and language models to do highly contextual analysis, collect qualitative insights, generate relevant commentaries and automate financial deck creation. The industry has also benefited from New Delhi’s push and incentives to attract foreign firms to expand their manufacturing bases in the country and also the growing ‘China + 1’ shift among global giants.
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