Swaroop: Accel Atoms reviewed 900 AI applications, finding only one viable investment
Prayank Swaroop · How Accel Deploys $650M in India & Manages $5B in Growth + Late Stage | Prayank Swaroop · Apr 4, 2025 · at 37:08
Prayank Swaroop, partner at Accel, highlights the lack of original Indian AI startup ideas when discussing application volume for Accel's pre-seed program Atoms.
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“In for example, Axel Atoms, when we opened the first time AI cohort we got some 900 applications from AI, and I think 500 of them were marketing AI companies, which had already happened in the US in terms of actual original, very different ideas. Maybe there were like some 20 ideas. And out of those 20, only one was commercially viable, which we invested in.”
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