Accel Bets on AI Startups in India Accelerator Program Revamp

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Venture capital firm Accel is refocusing its India accelerator program on artificial intelligence startups, seeking to identify promising companies in the fast-growing field.

The firm will choose as many as half a dozen early stage startups to fund and mentor, starting this month, it said Wednesday in a statement. It’ll also target companies that use technology to make conventional industrial processes more efficient.