8i Ventures Launches $10 Million Seed Fund ‘Origami’ for Startups

• ByStartupStory     |    March 14, 2024

8i Ventures introduces Origami, a $10 million fund for seed-stage startups, emphasizing speedy transactions. Co-founder Vikram Chachra explains, “Some of the most successful startups have been created in the deepest of funding winters.” The fund’s “1-2-4” model aims to close deals within four weeks of receiving proposals. Chachra expresses optimism: “There has never been a better time to build than right now.”

Origami targets 8-10 startups this year, with potential plans to double allocation to $20 million. Vishwanath V, Partner at 8i Ventures, emphasizes Origami’s role in simplifying fundraising. He states, “Origami is meant to simplify fundraising for founders who would prefer to use their bandwidth on customers.”

The focus is on startups at the pre-seed to early revenue stage, supporting swift, transparent decision-making. Vishwanath V highlights, “We’re here to support great teams and help them build successful ventures.”

Established in 2019, 8i Ventures has previously backed startups like Slice, M2P, and Blue Tokai. The VC firm, with a Rs 100 crore first fund, raised $25 million last November for its $50 million second fund.

Follow Startup Story