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BS Reporter Mumbai
Last Updated : Jan 19 2013 | 9:28 PM IST
 The fund's managing partners include Pravin Gandhi and Bharati Jacob (ex-Infinity Venture Fund) who have Indiagames, Indiabulls in their track record and Mahesh Murthy (ex-Passionfund) who has companies like Geodesic and Pinstorm in his investing history.

 
"There is a dire need for a true early-stage fund in India", Gandhi said. "In the eco-system, entrepreneurs need a lot of support after they start and before they scale up to a size where they can attract a larger VC's attention," he said.

 Murthy added: "At the seed stage, teams with big ideas need less money and more mentoring from people who have an entrepreneurial background. We hope to attract the best and the brightest business ideas - and we hope we can work with the ones we select, to build great companies."

 

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