People · Professional & Local Services
Accel investor Akhilesh Agarwal passes away
By Startup Enthusiast ·
- Date
- Company
- Accel
- What it does
- Venture capital firm
- Kind
- People
What they do
Accel is a venture capital firm that invests in early-stage startups
What happened
Akhilesh Agarwal, an Accel investor focused on pre-seed and seed deals, has passed away
Why it matters
Agarwal was the fourth loss for the Indian startup ecosystem this year, after three other founders
The details
- Akhilesh Agarwal, an investor at Accel, has passed away.
- He focused on pre-seed and seed stage investments.
- Agarwal joined Accel in October 2025 and helped invest in spacetech startup QOSMIC.
- He started his career as a business development associate after an engineering degree in electronics from Bengaluru.
- He worked at Goldman Sachs and fintech startup Klub before entering venture capital.
- Agarwal entered VC in 2021 as assistant vice president at pi Ventures, leading investments in early-stage ventures like Ottonomy.
- He later worked at Blume Ventures, leading investments in deeptech startups iDO Devices, Mave Health, and Optimized ElectroTech.
- He was also an angel investor in startups including GalaxEye, Ethereal Exploration Guild, Sarla Aviation, Serendipity Space, Leumas, BioCompute, and Mave.
The bigger picture
- Agarwal's passing is the fourth such loss for the Indian startup ecosystem this year.
- Earlier losses include Unnati Agri cofounder Ashok Prasad, Xpedize cofounder Regan Mithani, and Icertis cofounder Samir Bodas.
- Ottonomy cofounder Ritukar Vijay said Agarwal was the first to believe in the startup in 2020 and scouted at pi Ventures leading to the seed round.
- Metvy founder Shawrya Mehrotra called Agarwal a friend and mentor.
- The VC Fellowship praised Agarwal's generosity in mentorship and commitment to founders and India's deeptech ecosystem.
About the business
- Accel is a venture capital firm that invests in early-stage startups.
- The firm has backed many Indian startups across sectors.
- Accel's portfolio includes companies like ZopSmart, BlueStone, Capillary, Uniqode, Ninjacart, GreyOrange, and Hyperverge.
- The firm also coauthored a book titled 'Down But Not Out' with HarperCollins, launched in June 2026.
- The book contains stories of 10 founders from Accel's portfolio who overcame challenges.
Investors
- Akhilesh Agarwal (investor) — Focused on pre-seed and seed stage investments at Accel, previously at pi Ventures and Blume Ventures.
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