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October 24, 2012 04:00 pm GMT

Mayfield Fund Backs Indian Incubator AngelPrime

angelMayfield Fund is announcing an Indian investment today, out of its Mayfield India fund. The venture firm is backing AngelPrime, a Bangalore-based incubator. The investment will be used as seed capital for the companies that AngelPrime plans to incubate over the next 3 years and to fund the operations of AngelPrime.

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