Sanjay Jesrani, GoNorth ventures, addressed this question on when and how much of what type of investment.
Bootstrap : Idea stage : 0-0.5Cr
Friends and Family : Early stage : 0. 25 – 1Cr [1-5 Cr value]
Seed : Product built, Pre revenue : 0. 5 – 2Cr [2-5 Cr value]
Angel: :Customer validation, Initial revenue: 2 – 10Cr [10-25 Cr value]
VC series A: Early scale. Growth due : 12-50Cr [30-150Cr value]
