Bringing together 15 years of experience in Venture Investing with a portfolio consisting of Myntra, First Cry, Lenskart, Flipkart, Cure.Fit, Bounce, Uniphore, Go Mechanic, Bounce, Play Simple – Chiratae Ventures has launched the Sonic program which is an accelerated seed platform where startups are promised a 48 hour turnaround for an investment.
Now, founders do not need to go through the red tape of funds or spend weeks of time to raise funds with a promise of 48 hour turnaround time. Below are the program benefits:
- Decisions within 48 hours from first meeting for investments upto $500K
- Holistic Partner Credits
- Access to Chiratae Portfolio, Network and Experts
- Potential business opportunities with leading Indian and Global firms
The stage of companies is early stage startups with a prototype. The standard cheque is $500K but there is flexibility around this.
The sectors of startups that the Sonic program is taking applications for are:
- Deeptech & Deep Science
- Enterprise Tech & SaaS
- Health Tech
- B2B marketplaces, networks
- Consumer Tech