Neeraj Bharadwaj moves from Apax to fellow VC firm Accel

Silicon Valley-based growth capital firm Accel Partners has poached Neeraj Bharadwaj from rival firm Apax Partners to build its investment momentum in India.

Bharadwaj will try to identify companies in which Accel can invest between $10 million and $50 million. He will look for opportunities across sectors in medium-sized Indian companies. Accel already has a venture capital presence in India which targets smaller investments and active involvement in high-potential companies at an early stage of their life cycle. So far, Accel has made VC investments in analytics firm MuSigma, biotechnology company Inbiopro, fast food chain Kaati Zone, consumer products company Myntra, and medical devices company Perfint.

The Indian market is a key element of...