By guest authors Irina Patterson and Vandana Upadhyay I am talking to Pravin Gandhi, a founding partner at Seedfund, which is one of the India’s leading early-stage venture capital funds, with operations in Mumbai, Bangalore and New Delhi. Seedfund was founded in 2006 by Bharati Jacob, Mahesh Murthy, and Pravin Gandhi. In 2010, they raised
By guest authors Irina Patterson and Candice Arnold Irina: Where do your revenues come from? Bruce: First of all, we get grants from the university and other folks. We also charge fees to our clients. It’s on a sliding scale. In our first phase, startups pay a modest fee. It increases in Mentored Launch, and then
By guest authors Irina Patterson and Candice Arnold Bruce: Medipacs [one of the incubator’s success stories] is a very low cost, highly reliable infusion pump. The inventor is a man named Mark Banister. Medipacs pumps could be produced at a fraction of the cost of the current pumps available on the market. The pumps could