The Kamla Bhatt Show has an interview with Mahesh Murthy of Seed Fund, and (also CEO of search marketing firm Pinstorm). Seed Fund recently closed a $10 million fund. It will invest about $500-800k or even less for the company to get going. “Indian start-ups do not need $2-3 million, the typical amount that US-based start-ups require at the seed fund stage he points out,” he says. What are the hot areas? Mobile applications and content are, according to Mahesh. Simple. Mobile is growing faster than any other sector in India.