Venture capital firm 100X.VC is planning to invest over Rs 200 crore in startups in India by the end of next year.
The VC firm has rolled out a corporate venture capital (CVC) programme for India to partner with local corporations that have corpus to invest in startups.
100X.VC is India's first venture capital firm to invest in early-stage startups using India SAFE Notes (iSafe). Under iSafe, an investor makes a cash investment in return for a convertible instrument. The alternative to a convertible security note is customised for India, and will avoid tedious documentation, cut timelines significantly, and benefit startups.
Read more here.
- 100X.VC Team
Published on: November 13, 2019