Yourstory: VC firm 100X.VC to invest over Rs 200 Cr in startups

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