Investing in India is very nascent. I think You need to have a fully working company with customers to raise seed money. We have planned 5 products in our suit

Investing in India is very nascent. I think You need to have a fully working company with customers to raise seed money. We have planned 5 products in our suite, 1 of which is in production use and 3 in advanced prototype and it was not enough to get into an accelerator program. Also not sure if angel investors here understand what is seed money. Currently in the US, seed money that YC offers is about 11k to 18k USD. The angel firm we were speaking to mentioned an amount of about INR 10 million (which is way above even the US amount as seed). INR 0.5 mil would be enough as seed money here, but I think nobody wants to take this early stage risk here. We have eventually got into an accelerator program at iim-a, but that is because we won a contest. *Edit (grammar)