Here are some investors that have announced aggressive plans and are looking at India in a positive light. Ltd) and hyperlocal start-up Grofers India Pvt. In the midst of demonetization, Mr Son has reiterated his intent to stick and even to further boost his investment. The new fund comes just 21 months after the Silicon Valley-headquartered firm raised its fourth India fund of $305 million. The new fund will start making investments from 2017 and is nearly 40% larger than the previous fund raised by Accel in March 2015.
Source: Forbes January 27, 2017 01:40 UTC