Chiratae Ventures, a leading Indian venture capital firm, has announced the launch of the 2024 cohort of its flagship seed investment initiative, Chiratae Sonic. This program, known for its rapid decision-making and streamlined investment process, aims to accelerate the growth of early-stage tech startups.

Building on the success of previous editions, Chiratae Sonic continues to democratise the fundraising process, offering standard deal terms and swift due diligence with trusted partners.

Sonic 2024 :The Sonic program has become synonymous with quick turnaround times and extensive support for startups. One of the standout features of Sonic 2024 is the 48-hour decision window for initial funding requests up to $500,000. This rapid review process is set to redefine seed investments by providing startups with timely access to capital.

In addition to this, the 2024 edition has expanded its funding scope, inviting applications from companies seeking to raise up to $2 million.

Chiratae Sonic has also introduced a fixed application window for this year’s program, which will remain open until 31st October 2024. Startups that are accepted will benefit from an array of exclusive partner perks, including cloud credits from leading providers, strategic partnerships, and access to a vast network of industry experts
Read more at: https://analyticsindiamag.com/ai-news-updates/vc-fund-chiratae-ventures-launches-2024-sonic-program-to-boost-early-stage-indian-tech-startups/