Updated: Feb 10
Understanding the term "Seed Finance"
Seed finance is mostly used at the company's inception.
It is also referred to as "Seed Funding" or "Seed Money"
The primary object of seed finance is to attract more funding from Venture capitalists and other investors.
The seed money is mostly used to meet the initial startup needs and business commencement expenses such as Business plan and Acquiring resources.
These funds are basically pooled from personal savings, family, friends and relatives.