Home
Portfolio
Class 10
About Us
Team
iSafe
Investor Hub
arrow-icon
Founders' Hub
arrow-icon
CVC
Partners
arrow-icon
News and Views
arrow-icon
Contact Us
photo
100X.VC Team
Written by various collaborators within Team 100X.VC
Recent Blogs
Visa Ray, Investments Team at Log9 ...
Read more
Karun Arya, Chief Growth Officer at...
Read more
Empowering Incubation Superheroes: ...
Read more
Supal Shah, CEO at Arcon Container,...
Read more
image
calendar
Jul 16, 2019
Topic
100X.VC, Fund launched, aims to invest in 100 startups via iSAFE in a year, first time in India

Mumbai, July 16, 2019:India's first Fund to invest in 100 startups in a span of one year using iSAFE

  • India SAFE Notes, launched today. “
iSAFE” stands for India Simple Agreement for Future Equity, an alternative to a convertible security note, that is beneficial for start-ups Customized for India, iSAFE will avoid tedious documentation and cut timelines significantly.

100X.VCis a sector agnostic venture capital fund and will focus its investments in companies across a broad range of industries. The investment thesis of 100X.VCwill be to invest in startups having disruptive business models, high growth and scale. The investment size for each early-stage startup would range from INR 2.5 million to 10 million.

Mr. Ninad Karpe, ace corporate leader, who has joined 100X.VC as its Partner, said: “100X.VCis truly a game-changer. I am delighted to be part of this exciting journey of funding startups in India using a unique model. I hope to bring to bear my entire corporate experience to nurture and grow the startups we invest in.”

100X.VCaims to be the first institutional investor in its portfolio companies and will go beyond mere funding. 100X.VCwill open its network, expertise and resources that will assist founders in crafting a scalable business model.

Mr. Sanjay Mehta, Founder and Partner at 100X.VCsaid, "Time has now come for us in India to make a huge leap in investing in start-ups, using globally successful models which will lend depth and scale to the VC industry. When startups become part of the 100X.VCecosystem, they will get all that they truly need. For us, investing in 100 start-ups over the next twelve months is just the beginning”

Based in Mumbai, 100X.VC

has received the final regulatory approvals for Category 1 - Alternate Investment Fund License and Investment Advisor License from the Securities & Exchange Board of India (SEBI) to commence its operations.



 

About 100X.VC:


 

100X.VCis India's first Fund to invest in early stage startups using iSAFE

  • India SAFE Notes. The fund is sponsored by
Mehta Ventures, the Family Office Investment arm of Sanjay Mehta, to nurture innovative ideas that add value and bring solutions to a problem. 100X.VCvalues its relationships with founders, co-investors, corporations and investment bankers and effectively becomes the coach, strategy consultant, investment banker, business mentor and trusted advisor of the startup after investing.

 

About the Team


 

Sanjay Mehta, Founder & Partner - 

Sanjay Mehta is a serial entrepreneur turned angel investor. Sanjay started his journey as an entrepreneur, successfully exiting the business and then starting his Family Office – Mehta Ventures

. Since 2011, Sanjay has invested in approximately 130+ companies including OYO Rooms, Box8, LogiNext, and Block.One. Sanjay’s ability to understand the nuances of technology and finance has helped him build global ventures.



Ninad Karpe, Partner - 

Ninad Karpe has had an eclectic career, starting with being a consultant; moving on to head operations of CA India, the global software multinational; and then leading Aptech, India’s premier education and training company. An author, speaker, entrepreneur and corporate leader – Ninad has done it all.

Yagnesh Sanghrajka, CFO - 

Yagnesh has had a successful run in the corporate world heading Finance, M&A and Strategy in multiple leading organizations, which include the Hinduja Group, Phoenix Mills Group, MT Educare (Mahesh Tutorials). He has also served as the India Operating Partner for Bessemer Venture Partners (Global VC).

Shashank Randev, Founder VC - 

Shashank brings 15+ years of work experience, having worked in large companies including Zensar Technologies and NIIT Ltd. He was also the founding member of VCCEdge (Acquired by News Corp) and has been investing in technology-enabled startups.



Vatsal Kanakiya, CTO - 

Vatsal Kanakiya is the CTO of 100X.VCand has work experience of 2 years. He has worked with Morgan Stanley, MIT Media Labs and Mehta Ventures Family Office.

 

Related Topics
blog-trending-dollar
watch-logo.svg3 min
Capital is an important commodity to help cater to solutions which are solving for huge problems.
Visa Ray, Investments Team at Log9 Materials, shares her responses about her journey in the Venture ...
Read morenext-arrow
May 31, 2023
blog-trending-dollar
watch-logo.svg3 min
At GetVantage we're excited to back early and growth stage founders that are spearheading the growth of revenue-generating businesses.
Karun Arya, Chief Growth Officer at GetVantage, shares his responses about his journey in the Ventur...
Read morenext-arrow
May 23, 2023
blog-trending-dollar
watch-logo.svg5 min
National Incubation Conclave 2023
Empowering Incubation Superheroes: Capacity Building, National Incubation Conclave
Read morenext-arrow
May 22, 2023
logo-footer
100X.VC is the first Venture Capital firm to invest in early stage startups using founder friendly India SAFE Notes.
Send Your pitches to us at:
www.100x.vc/class10
For other queries, please contact us at:
[email protected]
Portfolio
Class 10
About Us
Team
iSafe
Partners
Investor Hub
Founders Hub
News and Views
Contact Us
© 2000-2021, All Rights Reserved