A new breed of of venture firms in India are focussing on the bottom rung of start-ups (some without even a business plan) tide over their earliest growth uncertainties. Hats off to those VC's!
Useful links:
http://morpheusventure.com
www.erasmic.com
http://opdrage.com
http://ycombinator.com
www.seedfund.in
www.mentor-partners.com
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