I applied through college or university. The process took 3 weeks. I interviewed at India Internet Fund (Vāranāsi) in Feb 2016
Interview
15 minutes telephonic interview to test your awareness about startup funding and logical skills. The interview is more like a healthy discussion where possible synergies are understood. After interview there was a written assignment and then the results were out. I was lucky enough to work there as summer analyst and gained knowledge as how to do industry analysis.