8i Ventures Launches Second Edition of Origami Program

8i Ventures has launched the second edition of its pre-seed funding program, Origami, aimed at supporting early-stage founders in India. Following a successful first edition that invested $600,000 in three startups, the firm is doubling down on its mission with a continued allocation of $10 million from its recently raised $50 million fund. The Origami program promises rapid funding, ensuring responses within one week, term sheets in two weeks, and deal closures in four weeks. Founding Partner Vikram Chachra highlighted India's potential for a technological revolution, emphasizing a commitment to nurturing innovators. The firm seeks founders who understand customer pain points and possess diverse skill sets to foster successful startups. With a strong track record, 8i Ventures aims to boost India's startup landscape while leveraging its experience from previous investments.