Covid19, since March of 2020 has challenged the existing ecosystem across India like everywhere else in the world. It has been a very humbling experience and the pandemic has pushed all to redraw the path of our common future.
During this time, 100X.VC interacted with multiple founders virtually and continued on its mission to invest in budding entrepreneurs and supporting Digital India. As the whole country went into an overhaul, our team identified in 9 high growth startups for Class 02.
Applications received for Class 02, between March to August of 2020 were 4875 out of which 816 were evaluated for investments. We believe that Wellness, Cleantech and Marketplaces as sectors/verticals are going to see an upward trajectory and invested in 9 exceptional founders through iSAFE. They have been paving the way for building holistic health-tech platform, developing plug and play products – EV Saas and API solutions, mental health-tech platform, HR Tech platform, building fully autonomous water-free rooftop solar panel cleaning robots to IoT enabled agriculture products and secure Authentication without OTP solution.
Ninad Karpe, Partner at 100X.VC said, “We are delighted to present the nine exciting startups as part of our Class 02. We have faced unprecedented challenges this year and are proud of our Class 02 startups who have displayed tenacity, determination and perseverance to pursue their vision.”
He added, “These startups traverse diverse sectors with their innovative ideas endeavoring to make our world a better place to live. At 100X.VC, we are confident that each startup of Class 02 is capable of becoming a leader in its space."
With 100+ hours of mentorship by experts and 100X.VC founding team, these 9 startups have gained momentum in terms of market reach, business connects, and additional investor commits from HNIs, family offices and growth stage VCs.
For Class 03, send in your applications to email@example.com.
Published on: September 22, 2020