Search Engine Journal

Google has taken a bit of an unusual route in consolidating their investment plans within India into one separate company, Seedfund.

Google has invested in Seedfund, a start-up investment firm in India which has a history (or its founders do) in investing in companies like IndiaGames, IndiaBulls, Geodesic and Pinstorm.

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Seedfund launched late last year with a fund size of about $10-13 million and plans to invest up to $500,000 per venture. Fund investors include: Motorola Ventures, Reliance ADA Group, SVB Financial Group, an affiliate of Silicon Valley Bank, Sierra Ventures, Mayfield Fund, Edelweiss Capital, and individuals like Kanwal Rekhi, KB Chandrashekhar, B V Jagadeesh and Sridar Iyengar.