Accel

Accel is a venture capital firm founded in 1983 and based in Palo Alto, California, with additional offices in San Francisco, London, and Bangalore. It focuses on early and growth-stage technology startups, investing across software, cloud, data analytics, mobile technology, consumer services, fintech, security, healthcare, and information technologies. Accel seeks to partner with entrepreneurs to build world-class companies that define new categories and drive growth. Its portfolio includes notable technology companies such as Atlassian, Dropbox, Slack, Spotify, Etsy, Cloudera, DJI, Braintree, and Lookout Security, among others.

Pratik Agarwal

Principal

Casey Aylward

Partner

Mahendran Balachandran

Partner

Luca Bocchio

Partner

Philippe Botteri

Partner

Past deals in Retail Lending

Shivalik Small Finance Bank

Venture Round in 2024
Shivalik Small Finance Bank is a technology-driven retail bank focused on small and underserved segments, delivering digitally oriented, affordable products and a differentiated customer experience. It operates on a cloud-based architecture powered by Infosys Finacle Core Banking and Digital Banking Suite, enabling scalable online and mobile banking. The bank supports UPI, IMPS, NEFT/RTGS and is a direct member of the National Financial Switch. It serves a broad client base with over 4.5 lakh customers and 15,000 self-help groups, and operates through 31 branches and more than 250 banking agents across Uttar Pradesh, Madhya Pradesh, Delhi and Uttarakhand. The bank distributes insurance products as a corporate agent and collaborates with technology and insurance providers including Infosys EdgeVerve, FIS, Ctrl-S.

Shivalik Small Finance Bank

Venture Round in 2022
Shivalik Small Finance Bank is a technology-driven retail bank focused on small and underserved segments, delivering digitally oriented, affordable products and a differentiated customer experience. It operates on a cloud-based architecture powered by Infosys Finacle Core Banking and Digital Banking Suite, enabling scalable online and mobile banking. The bank supports UPI, IMPS, NEFT/RTGS and is a direct member of the National Financial Switch. It serves a broad client base with over 4.5 lakh customers and 15,000 self-help groups, and operates through 31 branches and more than 250 banking agents across Uttar Pradesh, Madhya Pradesh, Delhi and Uttarakhand. The bank distributes insurance products as a corporate agent and collaborates with technology and insurance providers including Infosys EdgeVerve, FIS, Ctrl-S.

HomeLane

Series E in 2021
Founded in 2014, HomeLane is a Bangalore-based company specializing in personalized home interior solutions. With over 21,000 projects completed nationwide, they offer custom design services at no additional cost.

HomeLane

Convertible Note in 2020
Founded in 2014, HomeLane is a Bangalore-based company specializing in personalized home interior solutions. With over 21,000 projects completed nationwide, they offer custom design services at no additional cost.

Skeps

Funding Round in 2020
Skeps is a technology company that provides a modular suite of products aimed at merchants and lenders to enhance the identification of credit solutions for customers. Founded in 2018 and headquartered in the U.S. with offices in India, Skeps utilizes private blockchain technology to facilitate the simultaneous evaluation of multiple financing options, thereby reducing declines and improving the overall customer experience. The company's offerings are designed to be integrated into the client's environment, providing access to rich data that enables the creation of highly customized customer offers while adhering to privacy guidelines. By focusing on point-of-sale financing, Skeps helps businesses offer payment flexibility, allowing them to stay competitive in a rapidly evolving digital landscape.

HomeLane

Series D in 2019
Founded in 2014, HomeLane is a Bangalore-based company specializing in personalized home interior solutions. With over 21,000 projects completed nationwide, they offer custom design services at no additional cost.

HomeLane

Series D in 2019
Founded in 2014, HomeLane is a Bangalore-based company specializing in personalized home interior solutions. With over 21,000 projects completed nationwide, they offer custom design services at no additional cost.

Skeps

Seed Round in 2019
Skeps is a technology company that provides a modular suite of products aimed at merchants and lenders to enhance the identification of credit solutions for customers. Founded in 2018 and headquartered in the U.S. with offices in India, Skeps utilizes private blockchain technology to facilitate the simultaneous evaluation of multiple financing options, thereby reducing declines and improving the overall customer experience. The company's offerings are designed to be integrated into the client's environment, providing access to rich data that enables the creation of highly customized customer offers while adhering to privacy guidelines. By focusing on point-of-sale financing, Skeps helps businesses offer payment flexibility, allowing them to stay competitive in a rapidly evolving digital landscape.

HomeLane

Series C in 2017
Founded in 2014, HomeLane is a Bangalore-based company specializing in personalized home interior solutions. With over 21,000 projects completed nationwide, they offer custom design services at no additional cost.

Quiklo

Series A in 2016
Quiklo is a micro-lending platform that specializes in providing collateral-free loans for education to individuals lacking traditional credit histories or CIBIL scores. The company has developed a proprietary Credit Risk Engine that utilizes over 1,000 data points, including information from non-traditional and alternate sources, to create a comprehensive underwriting and management strategy. Quiklo aims to serve a segment of the population that is often overlooked but equally aspirational and creditworthy as those with established credit profiles. By leveraging advanced technology, Quiklo facilitates quick loan approvals, enabling students to explore various educational financing options and receive funding within a day.

Quiklo

Seed Round in 2016
Quiklo is a micro-lending platform that specializes in providing collateral-free loans for education to individuals lacking traditional credit histories or CIBIL scores. The company has developed a proprietary Credit Risk Engine that utilizes over 1,000 data points, including information from non-traditional and alternate sources, to create a comprehensive underwriting and management strategy. Quiklo aims to serve a segment of the population that is often overlooked but equally aspirational and creditworthy as those with established credit profiles. By leveraging advanced technology, Quiklo facilitates quick loan approvals, enabling students to explore various educational financing options and receive funding within a day.

Quiklo

Seed Round in 2015
Quiklo is a micro-lending platform that specializes in providing collateral-free loans for education to individuals lacking traditional credit histories or CIBIL scores. The company has developed a proprietary Credit Risk Engine that utilizes over 1,000 data points, including information from non-traditional and alternate sources, to create a comprehensive underwriting and management strategy. Quiklo aims to serve a segment of the population that is often overlooked but equally aspirational and creditworthy as those with established credit profiles. By leveraging advanced technology, Quiklo facilitates quick loan approvals, enabling students to explore various educational financing options and receive funding within a day.

CAN Capital

Series C in 2014
CAN Capital, Inc. is a financial services provider based in Kennesaw, Georgia, specializing in working capital solutions for small and medium-sized businesses across the United States. Founded in 1998, the company offers small business term loans and merchant cash advances to help business owners meet various financial needs, including inventory purchases, technology upgrades, payroll, equipment acquisition, expansion, and marketing initiatives. CAN Capital utilizes a real-time platform and risk-scoring models to streamline the lending process, allowing for quick access to flexible funding options without the need for personal asset collateral. The company's Daily Remittance Platform facilitates daily cash flow monitoring of borrowers, enhancing the lender's understanding of customer transactions and improving repayment processes. Formerly known as Capital Access Network, Inc., CAN Capital rebranded in December 2013 to better reflect its focus on providing accessible capital solutions for small businesses.

CAN Capital

Series B in 2012
CAN Capital, Inc. is a financial services provider based in Kennesaw, Georgia, specializing in working capital solutions for small and medium-sized businesses across the United States. Founded in 1998, the company offers small business term loans and merchant cash advances to help business owners meet various financial needs, including inventory purchases, technology upgrades, payroll, equipment acquisition, expansion, and marketing initiatives. CAN Capital utilizes a real-time platform and risk-scoring models to streamline the lending process, allowing for quick access to flexible funding options without the need for personal asset collateral. The company's Daily Remittance Platform facilitates daily cash flow monitoring of borrowers, enhancing the lender's understanding of customer transactions and improving repayment processes. Formerly known as Capital Access Network, Inc., CAN Capital rebranded in December 2013 to better reflect its focus on providing accessible capital solutions for small businesses.
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