Exclusive: Ideaspring floats early-stage venture fund
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Angel investors Naganand Doraswamy and Prashant Deshpande have joined hands with Patni Computers' scions Arihant and Amit Patni, among others, to launch an early-stage venture capital firm Ideaspring to back technology startups in the country. The firm will essentially come at the seed-stage and support its portfolio companies till they are ready to hit the market to raise a Series A round of funding.