Start-up IPOs will start happening over next 5 yrs: Accel's Subrata Mitra

'We love to invest early in tech-driven companies solving large problems', said Mitra

Accel India, one of the most prolific venture capital (VC) firms in the country, recently closed its sixth fund at $550 million. Since its inception, the VC firm has invested in over 120 companies, 44 of which are now valued at over $100 million, while the firm’s early bets in Flipkart and Swiggy have earned it rich dividends. In conversation with Yuvraj Malik, Accel India’s Co-Founder and Partner SUBRATA MITRA talks about the firm’s investment strategy, the newer areas it is betting big on, and expectations from entrepreneurs it is backing. Edited excerpts:

Having invested $1 billion in the start-up