Chiratae Ventures, India’s leading venture capital advisory firm, on Wednesday announced the setting up of its seed initiative Chiratae Sonic to accelerate and democratise the fund-raise process for founders. The initiative guarantees a 48-hour turnaround time on seed fund requests/pitches for investments less than or equal to $500,000.
Chiratae has also introduced an application form and a dedicated website to make the process even simpler for early-stage founders. Aligned with Chiratae’s commitment towards empowering the homegrown startup ecosystem, the initiative aims to enable quicker access to capital for founders and help them prioritise innovation. The initiative will be rolled out in