100X.VC at ET Startup Awards 2019

Thank you, Samidha Sharma, for extending the invitation to us! 100X.VC was delighted and honoured to be part of a fantastic evening at the Economic Times Startup Awards 2019 comprising of about 300+ notable entrepreneurs, investors, policymakers and thought leaders!

India's startup ecosystem congregated to celebrate the thriving spirit of entrepreneurship at the fifth edition of The Economic Times startup awards on Friday, August 23rd 2019 in Bengaluru. High-powered and notable group of industry leaders at the event included Ravi Shankar Prasad Minister for communications, electronics & IT, Piyush Goyal Minister of Commerce and Industry, Nandan Nilekani, non-executive chairman of Infosys, Kalyan Krishnamurthy, group CEO of Flipkart, Amit Agarwal, head of Amazon India, Aditya Ghosh, CEO of Oyo India & South Asia, Peyush Bansal, founder of Lenskart and others.

The forum addressed the state of metamorphosis Indian Startup Ecosystem is going through. The objective and sentiment was very clear - to build the next generation of services and products for those joining the booming digital revolution that is changing India: Building Digital Businesses for Bharat.

100X.VC highlights and key Insights from the function:
  • Strong emphasis on Digital Inclusion by the Government - Supporting the Building of Digital Businesses for Bharat
  • Government firm on never compromising with data sovereignty referring to ongoing discussions around data protection
  • Aadhar today has become a low-cost Indian technology appreciated globally
  • Consumer experience for Bharat will be video, local languages along with local partners
  • Entrepreneurs who build businesses honestly will fly high without fear
ET Startup Awards recognized excellence in eight categories: Startup of the Year, Woman Ahead, Top Innovator, Bootstrap Champ, Midas Touch (Best Investor), Social Enterprise, Best on Campus and Comeback Kid.

Winners of ET Startup Awards 2019:
  • Delhivery: bagged the coveted Startup of the Year award, received high praise for touching remote corners of the country, encompassing more than 17,000 pincodes and creating impact by being a full-stack logistics platform.
  • Bejul Somaia, Lightspeed Venture Partners: Best investor award with Midas touch for an almost $1 billion partial exit he’s just clocked from the fund’s most prized portfolio company, Oyo.
  • Priya Krishnan, Klay Schools: Substantive difference that she is bringing to the society, by working at the intersection of childhood education and enabling women to return to work after having a child, clinched her the Woman Ahead award. 
  • Snapdeal: The tenacity shown by Snapdeal’s founders - Kunal Bahl and Rohit Bansal -  in pulling their company back from the brink of oblivion, was recognised unanimously by the jury as one of the biggest survival stories of the Indian startup ecosystem in recent memory making them the comeback kid award winner.
  • Atomberg Technologies: Mumbai based startup with its energy-efficient fans came on top to win the Best on Campus award. 
  • Fit & Glow Healthcare: The ability to build a consumer brand and expand globally without raising any external funding helped Fit & Glow Healthcare bag the top honours in the Bootstrap Champ category.
  • SocialCops: confronts critical problems through data and works on projects that help in better governance. The New Delhi-based company won the award for Social Enterprise.
  • First Step Digital: A personal portfolio startup of Sanjay Mehta, Founder & Partner at 100X.VC, aiming to identify and solve women’s issues around menstruation and intimate care,  caught the interest of the jury as it emerged as the joint winner in the Social Enterprise category.
  • Tricog Health: The founders of Tricog - Charit Bhograj, Zainul Charbiwala, Udayan Dasgupta and Abhinav Gujjar - launched their company in 2014 with a simple goal of saving lives. They built a technology to speed up cardiac diagnosis and treatment. They won the Top Innovator award of 2019. 
100X.VC is 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.VC values
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.

- 100X.VC Team

Published on: August 24, 2019