One of the leading early-stage investors in India’s consumer tech space, Anand Daniel has backed category-defining successes like Swiggy, Bounce, and TaxiForSure, among others.
Anand Daniel has been a partner at Accel India for over a decade, and led investments in top early-stage startups. His investments focus on key consumer tech segments such as online marketplaces, digital healthcare, foodtech, edtech, mobility, and so on. Anand has led investments in leading startups, including BlackBuck, Bounce, Forus, EduPristine (acquired by DeVry), Rupeek, SenseHQ, Spinny, Swiggy, TaxiForSure (acquired by Ola), Vedantu, Vokal, and others. He also serves as the board member of these companies. Prior to his current role, the MIT alumnus spent several years in key engineering and management positions at Intel Corporation.
Much of Anand’s writing is based on Accel’s ‘Insights Podcast’ (now ‘Seed to Scale’) series that covers the inspiring journeys of India’s top startup founders. Through it, he’s brought a variety of stories — Swiggy’s first 500 days, Freshworks’ global expansion, Flipkart’s engineering scaling up, starting up in college, looking beyond Silicon Valley for global innovation, and much more — to our readers. Anand equips seed-stage startups with practical lessons from those who got their hands dirty. In 2020, he’s also focused on the post-pandemic future of digital health and shared what lies ahead for health-tech startups building in this key segment. Anand believes, “The typical doctor-patient relationship as part of its legacy hierarchy could be transformed into an equivalent partnership between the two” when healthcare becomes fully digital. He also forecasts the rise of “comprehensive insurance care management plans in India” in the next few years.
“The future of digital health pertains to a myriad of technologies put together. Whether it is Artificial Intelligence (AI), advanced health sensors, genomics or robotic surgeries, or all of them put together, digital healthcare is very much technology-based only on paper. What really matters is how much of a cultural transformation can digital health and traditional healthcare go through…The lines drawn by healthcare companies tinkering with digital health should have to be strictly around establishing a ‘Point of Care’ mechanism.”