Chiratae Ventures Announces 2024 Cohort of Sonic Program
Bangalore, 21st August – Chiratae Ventures, India's premier homegrown venture capital firm today annised deal terms for equity investments and rapid due diligence with trusted partners.
In the previous two editions of Sonic, Chiratae invested ~$25M across 20 companies at seed and pre-series-A stages.
Key Highlights of Sonic 2024:
Rapid Decision-Making: Chiratae Sonic has redefined seed investments by offering an unprecedented 48-hour turnaround on initial reviews for funding requests up to USD 500,000.
Broader Funding Scope: This year’s program is expanding its reach, inviting applications from companies seeking to raise up to USD 2 million.
Fixed Application Window: To fast-track the investment process, Sonic 2024 has introduced a fixed application window, open until 31st October 2024.
Extensive Mentorship and Support: Founders will benefit from mentorship by leading