Prashanth Prakash, a leading venture capitalist and entrepreneur, has been conferred with the prestigious Padma Shri award by the Government of India in the Trade and Industry category. This honour highlights his remarkable contributions to India’s entrepreneurial landscape and his impactful work in philanthropy. The Padma Shri is India’s fourth-highest civilian award, following the Bharat Ratna, Padma Vibhushan, and Padma Bhushan.

As a founding partner of venture capital firm Accel India, Prakash has been instrumental in nurturing iconic startups like Flipkart, Swiggy, BookMyShow, Infra.Market, Bluestone, Freshworks, Zetwerk, and Urban Company. His investments have been pivotal in establishing India as a global hub for innovation and entrepreneurship.

Prakash also served as an advisor to former Karnataka Chief Minister BS Yediyurappa, contributing to initiatives that promoted innovation, entrepreneurship, and sustainable development in the state. Reflecting on the recognition, he remarked, “This award recognises the critical role that startups and the technology sector have played in our nation-building. With all humility, I accept this award on behalf of Accel India, my partners, colleagues, and everyone who has worked tirelessly to nurture and strengthen India’s startup ecosystem.”

Beyond his business achievements, Prakash has championed social causes, leading transformative initiatives in education, healthcare, agriculture, climate action, and urban infrastructure. His work with organizations like ACT Grants, Unboxing BLR Foundation, and Sikshana Foundation has delivered scalable solutions to some of India’s most pressing challenges.

The Padma Shri honours Prashanth Prakash’s enduring commitment to fostering innovation, driving sustainability, and empowering communities across India.

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Accel India, celebrating his achievement, shared on LinkedIn, “Prashanth has been a pioneer in India’s startup ecosystem, a steadfast believer in the power of founders, and a champion of bold ideas that transform industries. This recognition is a testament to his unwavering commitment to building a better future—whether by empowering founders or creating meaningful change in communities. Congratulations, Prashanth, on this extraordinary honour.”

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