Chiratae Ventures unveils third cohort of seed investment programme

Homegrown venture capital firm Chiratae Ventures on Wednesday announced the launch of the third cohort for its flagship seed investment programme, Chiratae Sonic.

Chiratae Sonic aims to accelerate and democratise the fundraising process for early-stage tech founders by offering standardised deal terms for equity investments and fast-tracking due diligence, the company said in a statement

In the last two editions of Sonic, Chiratae Ventures invested around $25 million in 20 companies at the seed and pre-Series A stages.