Accel India has raised $650 million for its eighth fund, while Accel's global growth fund has raised $1.35 billion.The funds will be used to support Indian startups in their pre-IPO stages and increase investments in new and existing companies.Accel's total investments in India will approach $3 billion, indicating a more active approach to deploying capital.Accel has been an active investor in India since 2008, with investments in companies like Flipkart and Swiggy.