India Digest: University of Michigan commits up to $8m to Accel fund; ADB okays $30m loan to Smartchem project Earlier this year, Accel announced the …

The University of Michigan has committed up to $8 million to a venture capital fund managed by Accel that focuses on investment opportunities in India. Separately, Asian Development Bank has approved a $30 million loan to a Smartchem project, according to a filing.

The University of Michigan commits up to $8m to Accel India 

The University of Michigan has committed up to $8 million to a venture capital fund managed by Accel that focuses on investment opportunities in India, per its filing.

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