For all those who are looking for seed money and angel capital, there is good news. Seed Fund – floated by Mahesh Murthy, Pravin Gandhi, Bharati Jacob, and Paula Mariwala – are launching on November 30. The size of the fund is not clear yet, but I suspect it will be around $10 million, and they will be invested at very early stage.
The Seed Fund may also announce a couple of investments they are making. Seed Fund may not be the smallest yet. Bangalore’s Erasmic Venture Fund with $7 million in capital commitments may be the smallest.
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