When Small Is Big

Mumbai: If you told a venture capitalist (VC) in the US that it’s possible to build a great company from scratch with a sub-$1 million funding, he would probably laugh it off as a figment of your imagination. But Pravin Gandhi, Bharati Jacob and Mahesh Murthy have been making precisely such investments for the past six years, with often remarkable results. Their venture, Seedfund, has funded 23 companies since it was founded in 2006, and the initial capital in some of the incubated companies was less than half a million dollars. After all, says Gandhi, “success is about optimal funding…(because)…Continue Reading »