"India is fast becoming a promising hub for tech IPOs driven by its strong capital markets and a thriving innovation ecosystem that continues to attract substantial investor interest," Daniel told TechCrunch in November.
"The Indian startup dynamics has changed a lot since Accel first entered more than a decade ago. A key shift has been the increasing number of public listings, addressing previous criticisms."
"The firm has recently deepened its focus towards rural India, betting against conventional wisdom that businesses serving affluent consumers in smaller cities and towns can achieve sustainable success."
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