Podcast with Mahesh Murthy
In this podcast interview with Kamla Bhatt, Mahesh Murthy talks about VC funding trends and investment opportunities in India. Mahesh has recently launched Seed Fund for early stage startups, and his fund amounts upto $10 million.
How much money is needed in the seed money for start-up in India? Mahesh says that in the initial or the seed round about $500-800k should get the start-up going. Indian start-ups do not need $2-3 million, the typical amount that US-based start-ups require at the seed fund stage he points out.
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Dear Mr. Ajay,
Can you lead me to a Venture Capitalist who is interested in funding our B2C company involved in e-com sector in online sales of footwear and foot-care products. We request you to have a look at our website www.bigshoebazaar.com and if you can help us guide to a venture capitalist who is interesting in our sector. We are looking for a funding range 30 - 40 lacs.
Regards,
Bigshoebazaar.com