The State of Michigan Retirement System (SMRS) has committed $10 million to Accel’s seventh India venture capital fund, the pension fund said in its Q1 2022 investment report.
Accel India VII was among a spate of commitments SMRS made during the quarter, which include Advent International GPE X, The Veritas Capital Fund VIII, Lightspeed Opportunity Fund II, Lightspeed Venture Partners Select V, and others.
