Raising a seed round in India: My experience and tips

Just closed our seed round after 4 months of fundraising. Sharing what I learned: **What worked:** - Warm intros > cold emails (80% of meetings came from intros) - Focus on metrics, not just vision - Peak XV, Accel, Matrix are still writing checks for AI - Demo > deck for AI products **Mistakes I made:** - Started too broad - should have targeted AI-focused VCs first - Didn't prepare SAFE vs priced round trade-offs discussion - Underestimated time to close (budget 3-6 months) **Current landscape:** - Pre-seed: ₹2-4Cr for 10-15% - Seed: ₹8-15Cr for 15-20% - AI premium is real - 1.5-2x valuations vs non-AI Happy to answer questions!