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.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 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.
Read more here.
- 100X.VC Team
Published on: July 17, 2019