Accel to invest up to $1 million in pre-seed startups in AI and Bharat

Quick Summary:

Accel plans to invest up to $1 million in startups focusing on artificial intelligence and middle-income households in tier two, three cities, and rural India via its Accel Atoms programme.

The initiative seeks innovative AI applications and scalable solutions tailored to Bharat's evolving needs, leveraging infrastructural advancements.

The top 20 per cent of the rural population has a higher MPCE (Monthly Per Capita Expenditure) than 50 per cent of the urban population.

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Author / Journalist: TNN

Category: EconomyBusiness

Markets: IndiaAfghanistanNew Zealand

Topics: Accel Atoms Accels Accel atoms Anand daniel

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-11 @ 22:29:26 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 521 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 22462220

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About Times of India

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 43 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 2 hours ago

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Publisher ID: #28

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