Accel and Prosus Forge Formation-Stage Co-Investment Pact for India’s LeapTech Startups

Overview

• Prosus will match Accel’s initial checks under Atoms X, typically ranging from $100,000 to $1 million, with scope to increase over time.
• The partnership backs LeapTech founders building population‑scale solutions in automation, energy transition, internet services, and manufacturing.
• Prosus says it is not seeking an equivalent first‑round equity stake despite matching the investment.
• Accel points to its Atoms track record of more than 40 startups, with over 30% securing follow‑on funding from external investors.
• The move marks a stage shift for Prosus and aims to expand early, patient capital in India’s vast digital market as overall VC inflows slowed in the first half of 2025.