AngelPrime, an incubator based in Bangalore India, has just received a major investment from a well know Silicon Valley fund. The Mayfield Fund said it would take a majority investment in AngelPrime. The amount of the investment was not disclosed but Reuters reports that the overall fund run by AngelPrime would total less than $10 million. Mayfield already had a team focusing on Indian comprised of Navin Chaddha, Robin Vasan, and James Beck. Three of AngelPrime's founding partners (Bala Parthasarathy, Shripati Acharya and Sanjay Swamy) were founders of Snapfish, a former Mayfield portfolio company, so both parties know each other well.