Venture Tech Funding:Eligibility, Benefits & How to Apply
Learn everything about the Venture Tech Funding scheme, including eligibility, benefits, and how to apply for seed investments from Chiratae Sonic.
What is Venture Tech Funding?
Chiratae Sonic (Sonic DeepTech Program) is a seed investment programme by Chiratae Ventures for early-stage deep-tech startups in India. It invests up to ₹18 crore in startups building technology in AI, machine learning, biotech, IoT, or space tech.
This is an equity investment, not a grant — Chiratae takes a small stake in your company in exchange for the funding, direct mentorship from their team, and introductions to investors in their network. You will get a response to your application within 48 hours.
To be considered, your startup should have a working product or prototype, a clear technical advantage that is hard to copy, and a founding team with hands-on experience in the relevant field.
This page covers what the programme funds, how to qualify, what the investment terms look like, and how to apply.
Benefits of the Venture Tech Funding Scheme
Seed Funding
Up to USD 2 Million (~₹18 Crore) in seed funding for early-stage startups.
48-Hour Response Time
Quick turnaround on applications with an initial response within 48 hours.
Demo Day & Investor Visibility
Access to Demo Day, showcasing your product to a curated group of investors and corporate partners.
Ecosystem Support
Ongoing mentorship, networking, and strategic guidance from Chiratae’s expert panel and partners.
GTM Strategy
Expert-led Go-To-Market strategy development to help your startup succeed in the market.
Eligibility Criteria for Venture Tech Funding
To qualify for the Venture Tech Funding scheme, applicants must meet the following criteria:
Must be an early-stage technology startup registered under the Companies Act 2013.
Must have a valid prototype or evidence of market validation for the product/technology.
Focus on disruptive technology sectors such as AI, machine learning, biotech, energy, etc.
Founders should be committed to scaling and building impactful technologies.
Seed stage or early growth stage with high potential for scalability.
Documents Required for Venture Tech Funding Application
The following documents are required for the Venture Tech Funding application:
Executive Summary / Pitch Deck
A clear and concise pitch deck outlining your problem, solution, market opportunity, and team.
Business Plan
A comprehensive business plan including financial projections, market analysis, and scalability.
Product/Technology Description
A detailed description of your product or technology, including prototype or MVP.
Founding Team Bios
Background information of the founding team, including their experience and role.
Market Analysis
Analysis of the target market, competitors, and market potential for your product.
Current Traction Metrics
Evidence of traction, such as user numbers, revenue, or partnerships (if applicable).
Legal & Compliance Documents
Incorporation certificate, tax filings, and intellectual property (if applicable).
