India can still build AI winners despite US, China lead, says Accel's Subrata Mitra
• Accel is deploying capital from its eighth India fund, launched in January 2025 with a total corpus of $650 million. • The fund targets investments across AI, consumer, fintech, and manufacturing, with 10-15% of the corpus specifically allocated to the manufacturing sector. • Subrata Mitra of Accel asserts that India can still produce AI winners despite the current technological lead held by the US and China.
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