BusinessWorld: 100X.VC, Fund Launched, Aims To Invest In 100 Start-Ups Via ISAFE In 1 Year, First Time In India

India's first Fund to invest in 100 start-ups 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.VC is a sector-agnostic fund and will focus its investments in companies across a broad range of industries. The investment thesis of 100X.VC will be to invest in start-ups having disruptive business models, high growth and scale. The investment size for each early-stage start-up would range from Rs. 2.5 million to 10 million. 

You can read more here.

- 100X.VC Team

Published on: July 16, 2019