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PRESS RELEASES


JULY 2021


100X.VC Class 01 portfolio company Pocketly receives funding from angel investors and micro VCs

The funding round was led by marquee angels Ashneer Grover, Jaimin Bhatt, Siddharth Somaiya, and Gaurang ShettyMicro venture capital that invested includes Prophetic Ventures. Dholakiya Ventures, RIIDL and Scale VCMumbai, July 19, 2021: Pocketly, a microlending platform for college students, has raised an undisclosed amount
Published By: 100X.VC Team

JUNE 2021


Mumbai, June 23, 2021: MicroDegree, a Mangalore-based Edtech startup, has raised an undisclosed amount in a recent funding round that was led by marquee investors including Siddharth H Somaiya, Founder & CEO at Organic Riot in an Individual capacity and RIIDL (Research Innovation Incubation Design
Published By: 100X.VC Team

This round for CORA Health was led by marquee angel investors in their personal capacity - Apurva Parekh, KRS Jamwal, Dhanpal Jhaveri, Amit Chaudhary, Ajay Mian, Neha Saraf, Kushagra Pant, Anusuya Roy, and Headstart Investor CircleMumbai, June 07, 2021: CORA Health, a Bengaluru-based health and
Published By: 100X.VC Team

This funding round was led by Mr. Uday Sodhi, Co-Founder of Founder's Room Capital along with other marquee investors including Mr. Jignesh Kenia, Mr. Utpal Doshi, Mr. Girish Jain, Mr. Pankaj Bhargava and other investors from angel investors from CIO Angel Network.India, 31st May 2021:
Published By: 100X.VC Team

MAY 2021


Mumbai, May 18th 2021: LetsVenture, India’s leading Early Stage Startup Investment platform, announced a partnership with 100X.VC today to enhance investor reach for 100X.VC portfolio companies. 100X.VC recently announced its latest cohort of investments of 11 startups through Class 04 VC Pitch Day, the funds latest
Published By: 100X.VC Team

With the latest funding round, 100X.VC has now driven investments in more than 50 startups to dateMumbai, May 15, 2021: With the aim to aid and support the Indian start-up ecosystem, 100X.VC has announced the names of 11 seed-stage startups that are a part of
Published By: 100X.VC Team

Mumbai, May 11, 2021: In a bid to support the Indian startup ecosystem, 100X.VC has launched their not-for-profit initiative – Entrepreneurship Gurukul. Through the initiative 100X.VC will provide a unique education platform to aspiring entrepreneurs with no cost, no equity, and no fee. The initiative
Published By: 100X.VC Team

APRIL 2021


89% of founders expect to grow in the near term: 100X.VC SurveyKey Highlights• 47% of the startup founders said that they were experiencing growth at present• Nearly two-thirds of the founders (65%) expected seed-stage funding by angel investors to increase in 2021• Angel investors and individual investors (34%)
Published By: 100X.VC Team

India, April 20, 2021: Inflexor Ventures, a leading deep-tech VC, has invested an undisclosed amount in content translation platform, Vitra.ai, as a part of its DeepTech Fellowship Program with Venture Capital firm 100X.VC.Launched in December 2020, Vitra.ai is an AI-based video translation platform which helps
Published By: 100X.VC Team

MARCH 2021


India, 2nd March 2021: Venture Capital firm Inflexor Ventures recently announced a DeepTech Fellowship program under which they will provide seed to series A funding to the startups from their $100 million fund. To further strengthen the program, the venture capital firm has also joined
Published By: 100X.VC Team

JANUARY 2021


100X.VC plans to drive investment of INR 25 crores across 100 startups in 2021Mumbai, January 22, 2021: In a bid to strengthen the Indian startup ecosystem, 100X.VC has announced 10 seed-stage startups that are now a part of its Class 03 portfolio. The startups were
Published By: 100X.VC Team

Following the successful conclusion of Class 02 last year, 100X.VC comes up with its third investment drive to facilitate investments in high-potential startupsMumbai, January 19, 2021: Bolstering the vision of an Atma Nirbhar Bharat and Digital India Mission, 100X.VC has now announced the third edition
Published By: 100X.VC Team

DECEMBER 2020


Our Class 02 start-up, SAWO Labs, has raised a second round of funding from StartupXseed, a sector agnostic seed and early stage venture capital fund, to the tune of INR 5.5 crore at a valuation of INR 28 crore. Earlier, they raised pre-seed investment from 100X.VC in September
Published By: 100X.VC Team

SEPTEMBER 2020


Mumbai, 18th September, 2020:100X.VC has officially announced its Class 02 investments - 9 seed-stage start-ups from diverse sectors, at the all online VC Pitch Day, held on 18th September, 2020. There were 1500+ investors from across the world who registered for the event.Class 02 startups
Published By: 100X.VC Team

AUGUST 2020


Our class 01 startup, The Renal Project, has raised a second round of funding from a clutch of international angel investors to the tune of $300,000. Incubated by Niti Ayog’s Atal Incubation Centre, they were funded by 100X.VC in December 2019. Since then, they have
Published By: 100X.VC Team

Our class 01 startup, Data Sutram, raised $267,000 from investors Uday Sodhi, Mitesh Shah, and Nitin Jain of the Indian Angel Network in August 2020. A follow-up round after 100X.VC’s investment in the startup back in November 2019, Data Sutram is ramping up to scale
Published By: 100X.VC Team

JULY 2020


Our class 01 company Pickright raised Rs. 1 crore from angel investors in a seed round of financing from various angel investors from India, London, and Singapore. Funded in November 2019 by 100X.VC, they have been on a steady streak toward growth in providing financial
Published By: 100X.VC Team

JUNE 2020


Our class 01 funded startup, Knorish, has successfully raised $323,000 as part of a pre-series A round from a clutch of angel investors including the Standard Greases Family group, and Uday Sodhi, ex-Business Head of Sony Liv. Kinner Sachdev and Rakhi Wadhwa are well on
Published By: 100X.VC Team

DECEMBER 2019


Mumbai, 9th December: 100X.VC revealed the first class of 20 seed-stage startups portfolio at the VC Pitch Day in Mumbai on December 7, 2019. Earlier this year in July 2019, we set out to address the challenge of raising seed capital for early stage startups and launched 100X.VC.
Published By: 100X.VC Team

NOVEMBER 19


100X.VC team research survey estimates that top 100 corporations in India have kept aside between 10 to 100 Crores of Capital to invest into startups. Mumbai, 12th November, 2019: 100X.VC, India's first and only venture capital fund to invest in 100 startups in a year
Published By: 100X.VC Team

OCTOBER 19


Mumbai, 19th October, 2019: On 7th December, 2019 in Mumbai,100X.VC will reveal its funded startups from its Class 01 of 2019 at the VC Pitch Day. 100X.VC, India's first VC fund to invest in 100 early stage startups in a year, works with seed stage
Published By: 100X.VC Team

AUGUST 19


We have gotten an amazing response from founders who are taking the leap into entrepreneurship across India. Below are some interesting insights from our team on Class 01 of 2019 Pitch Application Statistics: Since the launch of the fund, we have received 1200+ email
Published By: 100X.VC Team

JULY 19


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
Published By: 100X.VC Team


MEDIA COVERAGE


JULY 2021


SaaS startup BHyve raises $300K from JITO Angel Network, LetsVenture, others

Mumbai-based BHyve, a future of work platform for diffusing employee tacit knowledge and enabling peer learning networks, on Wednesday said it raised $300,000 from JITO Angel Network, LetsVenture, and other angel investors.Backed by 100X.VC earlier in May 2021, BHyve will use the freshly infused capital
Published By: 100X.VC Team

Personalized fitness solution provider BurnCal has announced that it has raised $330,000 in its pre-seed round funding. BurnCal was backed by 100X.VC in December last year. The investors participating in the round are Titan Capital, SenseAI Ventures, Kushal Bhagia of First Cheque along with Farooq Adam,
Published By: 100X.VC Team

A spectacular 280x exit from Oyo Rooms in 2016 made Sanjay Mehta a celebrity in India’s venture capital circles. It hasn’t been a one-off either, even though Mehta is the first to insist that no one can predict these things. Other notable deals he made
Published By: 100X.VC Team

Pocketly, a microlending platform for college students, has raised an undisclosed amount of funding. The marquee angels who led the funding round in personal capacity are Ashneer Grover (Founder, BharatPe), Jaimin Bhatt (CFO, Kotak Bank), Siddharth Somaiya (Founder, Organic Riot), and Gaurang Shetty (CEO, RIIDL).
Published By: 100X.VC Team

JUNE 2021


Deepfake videos are emerging to be the most dangerous form of crime. Deepfakes involve manipulating videos to show someone saying or doing something they never said or did. According to a report by University College London (UCL), fake content would be difficult to detect and
Published By: 100X.VC Team

Mangalore-based edtech startup MicroDegree on Wednesday announced to have raised an undisclosed amount in a recent funding round that was led by marquee investors including Siddharth H. Somaiya, founder and chief executive officer, Organic Riot in an Individual capacity, and RIIDL (Research Innovation Incubation Design
Published By: 100X.VC Team

In the middle of 2019, Sanjay Mehta, an angel investor with 130+ startups in his personal portfolio, launched 100X.VC to fund “100 interesting ideas”, and curate a pipeline of “fundable companies” for larger VCs.It unveiled its first cohort of 20 startups later that year at
Published By: 100X.VC Team

“Ideas are not chasing capitals; capitals are chasing ideas,” said Ninad Karpe, VC 100 X partner, while explaining the scope for start-ups and asked them to focus on products with global appeal.He was speaking at the “WiseViews”, an interactive webinar series conducted by ICFAI Foundation
Published By: 100X.VC Team

CORA Health, a Bengaluru-based health and wellness marketplace startup, has raised an undisclosed amount of funding. The round was led by angels in their personal capacity including Apurva Parekh (‎Executive Director, Pidilite Industries Limited), KRS Jamwal (Executive Director, Tata Industries), along with Dhanpal Jhaveri (Vice Chairman,
Published By: 100X.VC Team

Fyllo, the Bengaluru-based agritech startup, on Monday said it raised Rs 3 crore from Indian Angel Network (IAN), Titan Capital, and Lead Angels.The startup will use the capital for its expansion to new markets and research and development to support more crops. It had earlier
Published By: 100X.VC Team

Accio Robotics, a robotics automation startup focused on designing and manufacturing autonomous mobile robots, has raised a fresh undisclosed round of funding from a group of angel investors.The funding round was led by Uday Sodhi, Co-founder of Founder's Room Capital, along with other investors such
Published By: 100X.VC Team

MAY 2021


LetsVenture, an early stage start-up Investment platform, announced a partnership with 100X.VC on Tuesday, to enhance investor reach for 100X.VC’s portfolio companies.100X.VC recently announced its latest cohort of investments of 11 start-ups through Class 4 VC Pitch Day, the fund’s latest investments. These start-ups will
Published By: 100X.VC Team

Serial investor Sanjay Mehta led 100X.VC has announced 11 early-stage startups that will be part of the fund’s Class 04. The 11 startups were shortlisted from 1,715 applications, of which 446 had passed the initial screening processes.This new batch of startups brings the current tally
Published By: 100X.VC Team

In a bid to support the Indian startup ecosystem, 100X.VC on Tuesday announced the launch of its not-for-profit initiative – Entrepreneurship Gurukul.Through the initiative, 100X.VC will provide an education platform to aspiring entrepreneurs with no cost, no equity, and no fee.The initiative claims to bring
Published By: 100X.VC Team

Siddhi Pandey, an assistant professor of economics, always had a regular period. Then, in March last year, it all changed. “I started experiencing irregular periods after the covid-induced lockdown and work from home began,” she says. So, she turned to My Calendar, an application that
Published By: 100X.VC Team

APRIL 2021


Nearly two-thirds (65 per cent) of investors believe that there will be a spate of initial public offerings (IPOs) by Indian startups in 2021-22 across stock exchanges, according to a survey by venture capital fund 100X.VC. The ‘India Sentiment Outlook Survey’ said 19 per cent
Published By: 100X.VC Team

The raging pandemic may have taken its toll on the lives of people, but it does not seem to have affected the business sentiment among early stage start-up founders and investors. Around 89 per cent of start-up founders, from sectors such as DeepTech, SaaS, Fintech,
Published By: 100X.VC Team

Nearly 47% of startup founders are experiencing growth at present, while another 42% expect the same over the next six months, a survey by early-stage venture investor 100X.VC showed. About two-thirds (65%) of participants in the survey expect seed-stage funding by angel investors to increase this
Published By: 100X.VC Team

Nikhil Vora, Founder, and CEO, Sixth Sense Ventures, Sanjay Mehta, Founder and partner,100X.VC, Murali Krishna V Head of investment and strategy, Kolte Patil Group, speak to Ms. Janani Janarthanan, of BWBusinessworld editorial team about trends that influence digital adaptation in today's day and ageJanani Janarthanan:
Published By: 100X.VC Team

Lifestyle diseases are one of the growing health concerns in India. According to a 2020 report by the Indian Journal of Community Medicine, India is currently facing the problem of the double burden of undernutrition and overnutrition. The report revealed that over 135 million people
Published By: 100X.VC Team

Even if it is for an eyeshadow or a perfume, navigating a well-stocked cosmetics store isn’t easy. Then, a salesperson, who knows a lot more about skin types and formulation of the products, becomes a godsend. But can an online shop offer a customer a
Published By: 100X.VC Team

Companies worldwide have woken up to AI’s potential and are busy incorporating AI into their configurations — be it on the security front, shop floors or product pipelines. AI and ML have become a fashion statement so much so that several start-ups claim AI/ML capabilities
Published By: 100X.VC Team

Startup investment platform We Founder Circle (WFC) has invested in Karnival, a Bengaluru-based SaaS customer engagement platform for retailers and brands to create personalised post-purchase customer journeys using smart receipts technology. The seed round worth $250,000 witnessed participation from marquee investors including Krishna Kumar - Founder,
Published By: 100X.VC Team

MARCH 2021


A lot of people have asked me this question — “What does ‘Vitra’ mean? Does it have roots or linked to a Sanskrit word?” I so wish that was the case. I have searched it in Sanskrit vocabulary, but Vitra doesn't mean anything. Vitra.ai simply stands
Published By: 100X.VC Team

Rajit is the Founder & Chief Executive Officer at Data Sutram, a Location Intelligence Enterprise funded by the Indian Angel Network & Sanjay Mehta led 100x.VC. Having started the company during the final year of his engineering degree at Jadavpur University, he raised his first
Published By: 100X.VC Team

There’s no doubt that over the last decade India has transformed itself digitally. The technology startup ecosystem has witnessed a significant growth trajectory. However, the question that arises is, ‘where does that leave Indian tech entrepreneurs, investors, and corporates?’ The ongoing tech revolution has given
Published By: 100X.VC Team

Mumbai-headquartered micro VC fund 100X.VC is on a mission to turn startups that are in their extreme early stages into enterprises that are ready for serious financing.100X.VC was founded in mid-2019 by veteran angel investor Sanjay Mehta, who has backed more than 100 startups since
Published By: 100X.VC Team

“Yaar, it is so good. Why is it not available in the shops here?”“Ma’am, soon we will make it available at a shop near you.”Above was a micro excerpt from the conversation between a customer of Kerala Banana Chips and the customer care executive (you
Published By: 100X.VC Team

In January this year, Satvik Jagannath, co-founder and chief executive of Vitra.ai, a four-month-old deep-tech startup that helps translate videos in multiple languages, virtually showcased its product to more than 500 investors, corporate houses, angels, and family offices.On the pitch day, organized by Mumbai-based micro
Published By: 100X.VC Team

“I am sharing our term sheet by mail now. Please go through the same, and let me know”. These are words that any first-generation entrepreneur would go to any lengths to hear, and when it does happen, it's nothing short of magic. MAGIC. That is
Published By: 100X.VC Team

One of humanity's looming fears is robots. They are faster than us and are getting smarter every day, and could replace us any day. But what if their speed and efficiency can be harnessed to assist us and free us from manual, tedious labour? For
Published By: 100X.VC Team

"No other country offers the depth, width and length of issues faced in the banking and financial services sectors"The USA has the largest number of start-ups in the world, followed by China and India. With the entire ecosystem of government, academia, industry and venture capitalists
Published By: 100X.VC Team

FEBRUARY 2021


The high-risk high-reward game at the seed stage level, which yielded handsome returns for early investors of Flipkart, Ola, OYO, Zomato, Swiggy, and others, has helped blossom the micro or seed venture capital ecosystem in India in the past few years. Angel, seed or micro
Published By: 100X.VC Team

In a move that will delight aspiring entrepreneurs across the country, 100X.VC has announced the latest edition of its one-of-its-kind “Founders’ Dating” program. An exclusive, non-profit initiative by 100X.VC, the event will be held digitally on Valentine’s Day where single founders can discover co-founders for
Published By: 100X.VC Team

JANUARY 2021


Roshan Zalte, a grape farmer from Maharashtra, rushed to his vineyard one morning to inspect his crop after a mobile app suggested his crop was infected with a common fungal disease called Downy Mildew. On inspecting some of the leaves, he found it to be
Published By: 100X.VC Team

When the two-year-old Indian company Jetsons Robotics began searching for a partner to help design charging stations for their autonomous rooftop solar installation cleaning robots, the Israeli company Powermat was an obvious choice.While the company had made its name as the designer for wireless charging
Published By: 100X.VC Team

Indian small and medium businesses (SMB) were among the worst-hit amidst the COVID-19 pandemic. And, to survive the economic stress, digitisation was the only way forward. However, they remained hesitant to hire permanent IT employees due to the liabilities involved in managing their own business. Enter
Published By: 100X.VC Team

A Bengaluru based startup, OurEye.ai works for end-to-end video intelligence solution to monitor any and all Standard Operating Procedures, leveraging pre-existing CCTV-IP infrastructure. The company is founded by the students of SRM University- Sourav Sanyal, Saurabh Ghanekar, and Miran Junaidi, who are in their last
Published By: 100X.VC Team

According to MarketsandMarkets, the global mobile health solutions market is projected to reach $213.6 billion by 2025 from $50.8 billion in 2020, at a CAGR of 33.3 percent.Even as mental health became a talking point anew during the pandemic—with people confined to their homes and
Published By: 100X.VC Team

Data is indispensable for businesses today. It mitigates risk and helps them take action to plug gaps and channel their resources accordingly. Would it not be a boon for small farmers too and make agriculture profitable?That’s what drove two young techies from farm families to
Published By: 100X.VC Team

The Electric Vehicle (EV) segment in India has gathered momentum in recent years, and the number of startups either manufacturing or using EVs has increased. Although the adoption of EVs in the consumer segment is slow in our country, it is a different story in
Published By: 100X.VC Team

DECEMBER 2020


Venture Catalysts, India’s first and largest integrated incubator, and accelerator, has recently led an undisclosed investment in AgriGator, a B2B digital supply chain platform. The funding round was led by Manish Modi on behalf of Venture Catalysts and also saw participation from Ness Wadia, who
Published By: 100X.VC Team

OurEye.ai, a start-up offering end to end automated virtual auditing, has raised $120k from a clutch of angel investors, including 100X.VC and Amara Ventures. CEO of OurEye.ai, Sourav Sanyal said, “SaaS 2.0 is just the beginning of a new range of products that incorporates customisations to
Published By: 100X.VC Team

Mental health almost goes hand-in-hand with stigma in India. Though online resources are a boon, the shame around seeking therapy is still abundant. In this light, the solutions that mental health start-up MindPeers offers is like a blessing. What they are offering are diagnostic tools
Published By: 100X.VC Team

The women’s healthtech market has for long focused on fertility and pregnancy. But in the last few years, the femtech market is concentrating on a wider range of issues, including endometriosis, mental health, menstrual health, menopause, and more. According to Frost & Sullivan, working women
Published By: 100X.VC Team

SAWO, which stands for secure authentication without OTP, was founded earlier this year. It eliminates the need for password or one time password (OTP) based authentication. It has raised INR 5.5 crore seed funding from StartupXseed, a sector agnostic seed and early stage venture capital
Published By: 100X.VC Team

NOVEMBER 2020


Sourav Sanyal, Miran Junaidi and Saurabh Ghanekar, final year students from the Department of Computer Science and Engineering at SRM University’s AP campus, have turned entrepreneurs by launching OurEye.ai, an automated end-to-end video intelligence solution for enterprises to monitor surveillance camera recordings and leveraging pre-existing
Published By: 100X.VC Team

If you want to try a new app, to order a meal or watch a show, you are usually asked to jump through hoops. First you enter your details, while fending off the annoyingly persistent autocorrect, and then you have to prove that those details
Published By: 100X.VC Team

Bengaluru-based deep tech start-up RoadMetrics’ AI-based solution uses image and sensor data obtained from smartphones to help enterprise mapping firms and smart city bodies with analytics on road networks.Two years ago, Dipen Babariya and Mishal Jariwala were on their way to a friend’s house in
Published By: 100X.VC Team

AUGUST 2020


The Renal Project, a healthcare start up running dialysis micro centres, has raised ₹2.2 crore from international angel investors to fund its expansion plans. Founded in 2019, the firm has grown from its first center in Mumbai to over 10 centres in Maharashtra.The raised funds
Published By: 100X.VC Team

The Renal Project, which operates a Mumbai-based chain of dialysis-focussed micro centres, has raised Rs 2.2 crore (nearly $300,000 at current exchange rates) as part of its pre-Series A funding round.In a statement, The Renal Project said it has raised the capital from a clutch
Published By: 100X.VC Team

The Renal Project, a Mumbai-based chain of dialysis micro-centres, has raised Rs2.2 crore ($300k) from a clutch of international angel investors, its second funding within a year, indicating increased focus on healthcare service centre by venture capitalists. It raised its first seed fund from early
Published By: 100X.VC Team

Since the Covid-19 lockdown, Knorish has seen a spurt of creators join the platform, to teach everything from art and yoga to cooking. Cofounder and CEO Kinner Sacchdev talks about the platform's offerings, innovations and expansion plans on this episode.
Published By: 100X.VC Team

When covid-19 began spreading rapidly in India in March, Sanjay Mehta deferred his fund 100X.VC’s second batch of startup investments. It was essential to first figure out how the firm’s existing portfolio would cope with the pandemic.As lockdowns stretched far longer than what he had
Published By: 100X.VC Team

SEPTEMBER 2020


Data Sutram, a Kolkata-based early stage tech startup has raised funding of Rs 2 crore. The funding round was led by Indian Angel Network (IAN) angels Uday Sodhi, Mitesh Shah and Nitin Jain.Set up in 2018 by three Jadavpur University engineering graduates — Rajit Bhattacharya,
Published By: 100X.VC Team

Mumbai-based venture capital fund 100X.VC has invested Rs 25 lakh each in nine seed-stage start-ups from diverse sectors, following an online ‘Pitch Day’ held last week.The firm has invested in an agritech start-up Fyllo, mental health-tech platform Mindpeers, electric Vehicle-as-a-Service start-up BatteryPool, robotics start-up Jetsons
Published By: 100X.VC Team

100X.VC has officially announced its Class 02 investments – 9 seed-stage start-ups from diverse sectors, at the all online VC Pitch Day, held on 18th September 2020. There were 1500+ investors from across the world who registered for the event.Class 02 startups were funded through iSAFE
Published By: 100X.VC Team

100X.VC, the Mumbai-based fund, has invested in nine startups – Fyllo, Mindpeers, Jetsons Robotics, Pracify, Battery Pool, Ava, SharedPro, OurEye, and Sawo Labs.The venture capital fund has invested Rs 25 lakh per startup and the total invested amount so far is Rs 2.25 crore. It
Published By: 100X.VC Team

Serial investor Sanjay Mehta-led venture capital firm 100X.VC has finally revealed its Class 02 investments – nine seed-stage start-ups from various sectors, during the VC Pitch Day, held on Friday (September 18).In a press statement, 100X.VC said, Class 02 startups were funded through iSAFE notes
Published By: 100X.VC Team

100X.VC has officially announced its Class 02 investments - 9 seed-stage start-ups from diverse sectors, at the all online VC Pitch Day, held on 18th September 2020. There were 1500+ investors from across the world who registered for the event. Class 02 startups were funded through
Published By: 100X.VC Team

APRIL 2020


A large market of Fintech is still waiting to be explored. I would like to believe that India is the biggest laboratory for Fintech in the world. Nowhere in the world, there is this exquisite blend of new and old. There will always be opportunities
Published By: 100X.VC Team

One of the most active angel investors in India, 100X.VC cofounder Sanjay Mehta pegged the current economic crisis as a great opportunity for small cheque investors. He argued that in such times of crisis, there’s a human instinct in investors to pull out of the
Published By: 100X.VC Team

As we practice social distancing and waiting for a post Covid-19 world to emerge after the lockdowns, we also need to remember that the current crisis can have a silver lining for businesses and investors too. To help investors understand how startups offer an alternative
Published By: 100X.VC Team

Imagine a sector which has languorously adopted technology over the past decade and is now coerced to embrace it completely. No prizes for guessing this sector – It’s Education! The recent COVID-19 crisis has thrown the sector into a tizzy, with most part of
Published By: 100X.VC Team

One of the most active angel investors in India, 100X.VC cofounder Sanjay Mehta pegged the current economic crisis as a great opportunity for small cheque investors. He argued that in such times of crisis, there’s a human instinct in investors to pull out of the
Published By: 100X.VC Team

Video Interview Transcription: Q. What are the benefits of Facebook- Jio Deal that Do you see for India and the Indian economy? A. From a Facebook perspective, this is a great story for WhatsApp. They have a great portfolio of companies to be
Published By: 100X.VC Team

2020 has a new name! A new order! And a new number! It’s 2025 – a date that has arrived before its time. Not by choice, but thanks to a tiny, invisible micro-organism, a virus which has spread across the world. Futurologists had predicted significant
Published By: 100X.VC Team

“When the founders ask for aggressive valuations, then VCs would ask for 2x, 3x liquidity preference to mitigate their risk. It is nothing but a promise from founders on assuring the return on capital investment to VCs on an event of liquidation, merger or sale
Published By: 100X.VC Team

100X.VC has released its India sentiment outlook survey which focuses on the mood of the country's startup ecosystem. Megha Vishwanathan talks to Founder & Partner Sanjay Mehta to decode the survey.
Published By: 100X.VC Team

Venture capital firm 100X.VC has released its India sentiment outlook survey. The report focuses on the mood of India’s startup ecosystem, both founders and investors, on business continuity, fundraising and future outlook. CNBC-TV18 caught up with Sanjay Mehta, founder and partner at 100X.VC for details.
Published By: 100X.VC Team

In less than a month, everything has changed for the Indian startup ecosystem. Founders are now changing their gears from scaling to reserving funds while many investors are not giving funds easily to startups. Many startup founders are also changing their strategies to thrive
Published By: 100X.VC Team

Startups will primarily cut back on advertisement spends and office expenses, apart from renegotiating contracts and restructuring salaries to tide through the turbulence triggered by the Covid-19 outbreak. The crisis and the subsequent lockdown have dealt a body blow to most startups, many of whom
Published By: 100X.VC Team

As much as 87% of investors in the Indian startup ecosystem said they will focus on sectors that have seen a positive impact on business during the Covid-19 lockdown, according to a survey by Mumbai-based venture capital firm 100X.VC. The sectors, according to the
Published By: 100X.VC Team

It is a known fact that 90% of startups in India fail within five years of operations. One of the reasons startups fail to reach their sixth year is their inability to raise funds. While a young startup might not be ready for investment from
Published By: 100X.VC Team

And the coronavirus epidemic continues, throwing up an unprecedented global crisis, testing the skills of politicians, policy makers, industry leaders, health workers, down to the most ordinary individuals. Each country has followed a different strategy to “flatten the curve” and India has adopted the unique
Published By: 100X.VC Team

JUNE 2020


In today’s world, where uncertainty is everywhere, the early stage ecosystem is at a crucial point. Not only are innovations the need of the hour, but the fact is that despite the financial crisis and the capital crunch in their own firms, investors will continue
Published By: 100X.VC Team

Knorish, a startup that helps educational institutes as well as individual trainers in specialist areas go online, has raised $323,000 in pre-series-A funding to deepen its technology and add customers.The NCR-based venture was founded by Kinner N Sacchdev and Rakhi Wadhwa, and the duo have
Published By: 100X.VC Team

Delhi-based SaaS startup Knorish on Tuesday raised $3,23,000 as part of its Pre Series A funding round, as a follow up to the seed round raised in December last year from 100X.VC. The current round also saw participation from the Standard Greases Family group and
Published By: 100X.VC Team

MAY 2020


Kolkata boys Rajit Bhattacharya (23) and Ankit Das (22) met as toddlers at nursery school. The two friends grew up together, attending the city’s well-known South Point School. They also landed up at the same engineering college, Jadavpur University. There they met Aisik Paul (23),
Published By: 100X.VC Team

India’s micro venture capital firms are at a crossroads a decade after first bursting onto the scene, as they fight for deals with larger investors who have increasingly gone deeper and earlier in a hyper-competitive startup ecosystem. Micro VC funds such as Artha India
Published By: 100X.VC Team

FEBRUARY 2020


I think everywhere, there is an infusion of technology, almost in all sectors, not just what you named. There are other domains too, like consumer tech. Food tech is a small space within consumer tech. We can treat consumer tech as one particular vertical, wherein
Published By: 100X.VC Team

With the Indian startup ecosystem booming thanks to new innovations and newer applications of technology, angel investors are playing a huge role in bringing new startups to light, mentoring them and giving them the funding to take their ideas to the market.Entrepreneur-turned-angel investor Sanjay Mehta
Published By: 100X.VC Team

Mumbai-based start-up 100X.VC aims to invest in 100 companies every year. The experience of investing in start-ups from his own funds and putting money in ventures outside India for the last two years gave Sanjay Mehta a different perspective into angel investing. He has
Published By: 100X.VC Team

Listen on Spotify | Apple Podcast | Google Podcast or at the Desi VC Website Sanjay Mehta is the Founder and Partner at 100X VC, an early stage venture fund headquartered in Mumbai. Prior to 100X VC, Sanjay was one of India's most active and sought after
Published By: 100X.VC Team

Indian startups have been proving their worth over the days, and the market is bullish it seems. What do investment firms like 100X.VC think about the same? In an elaborate tete-a-tete with Express Computer’s Gairika Mitra, CFO, 100X.VC gets candid about the
Published By: 100X.VC Team

With the Indian startup ecosystem booming thanks to new innovations and newer applications of technology, angel investors are playing a huge role in bringing new startups to light, mentoring them and giving them the funding to take their ideas to the market. Entrepreneur-turned-angel investor
Published By: 100X.VC Team

JANUARY 2020


Prior to becoming an investor, I was a founding member of VCCEdge, where I monitored and analysed early-stage startups in India. That helped me develop research skills for mapping comparable startups across sectors. While there are multiple metrics a venture fund evaluates before deciding to
Published By: 100X.VC Team

Armed with this rich experience in the hyperlocal food supply chain, Sudhakar founded FnV Farms in early 2019. The startup had one goal: to bring fresh fruits and vegetables from ‘farm-to-table’ across Mumbai households. It planned to achieve this through an asset-light model, where inventories would
Published By: 100X.VC Team

Sanjay Mehta, an entrepreneur-turned-angel investor, has earned a 16-fold return by selling his stake in logistics automation startup LogiNext. Mehta, who has invested in more than 130 companies, including OYO Rooms and Box8, sold his entire stake in the firm to New York-based Tiger
Published By: 100X.VC Team

Yagnesh Sanghrajka, chief financial officer at 100X.VC, which is investing in over 100 early-stage startups, said that the strength of the delivery network of Uber Eats will benefit Zomato in growing its market share in southern India and hence compete more fiercely with Swiggy nationwide.
Published By: 100X.VC Team

Prior to becoming an investor, I was the founding member of VCCEdge where I monitored and analyzed early-stage startups in India. That journey helped me in developing research skills for mapping comparable startups across sectors. While there are multiple metrics a venture fund evaluates before
Published By: 100X.VC Team

Sanjay Mehta, an entrepreneur turned angel investor, has earned 16-fold return by selling his stake in logistic automation startup LogiNext. Read More: Automation startup LogiNext gives 16-fold exit to angel investor
Published By: 100X.VC Team

July 2020


Bengaluru (Karnataka) [India], July 29 (ANI): Marketplace for stock market investors and advisors Pickright Technologies has completed its seed round of financing totalling Rs. one crore from various angel investors in India, London and Singapore.The investment will be utilized in product development, marketing and enhancing
Published By: 100X.VC Team

MARCH 2020


We are snowed under an epidemic, facing conditions that are extraordinary and unnerving. No individual or business can remain static in these times of a global war with this epidemic and hence, remaining relevant and contemporary, is important more than ever. The glaring reality is
Published By: 100X.VC Team

In recent years, startups have caught the imagination of India’s business circles with a few of them even going on to become unicorns. But beyond the aggregator models or SaaS-based enterprises, lies the DeepTech startup ecosystem where that kind of success has been elusive. But
Published By: 100X.VC Team

DECEMBER 2019


Investments in startups are the next big thing! 100x VC is a prominent Venture capital firm led by the serial entrepreneur Sanjay Mehta. It was founded in July 2019 and touched the height of receiving 1982 applications. It is sponsored by Mehta Ventures, the
Published By: 100X.VC Team

Congratulations to seed-stage startups Reko Social (Navi Mumbai Warehouse), Data Sutram (Kolkata Warehouse), Dhiyo (Bangalore Warehouse) & Litifer (Gurugram Warehouse), for receiving investment from Sanjay Mehta led VC firm 100X VC. Read more here.
Published By: 100X.VC Team

100X.VC, the seed investment firm launched by angel investor and serial entrepreneur Sanjay Mehta in July this year, has unveiled the first 20 startups from its maiden cohort. In October, the firm said it would launch 100 startups at a mega investor pitch session
Published By: 100X.VC Team

Several venture capital firms (VCs) are making big bets on the Indian startup ecosystem, and 100x.VC is one of them. Launched in July 2019, Sanjay Mehta founded the firm and hopes to invest in over 100 ideas. The VC firm has received 1,982 applications so
Published By: 100X.VC Team

Serial investor Sanjay Mehta-led venture capital firm 100X.VC finally revealed the first 20 seed-stage startups it has invested in at its VC Pitch Day event in Mumbai on December 7. As part of its approach to back startups which have a strong competitive edge and
Published By: 100X.VC Team

NOVEMBER 2019


Ever since 100X.VC announced its ambitious drive to invest in 100 startups every year, four months ago; there has been a lot of buzz around this measure in the industry. Industry leaders and VCs have applauded, extending formal support with official quotes and hold high
Published By: 100X.VC Team

100X.VC, a venture capital firm, is looking forward to invest more than Rs 200 crore in Indian startups by the end of 2020. "100X.VC team research survey estimates that the top 100 corporations in India have kept aside anywhere between Rs 10-100 crore of
Published By: 100X.VC Team

Venture capital firm 100X.VC is planning to invest over Rs 200 crore in startups in India by the end of next year. The VC firm has rolled out a corporate venture capital (CVC) programme for India to partner with local corporations that have corpus to
Published By: 100X.VC Team

NEW DELHI: Venture capital firm 100X.VC is planning to invest over Rs 200 crore in startups in India by the end of next year. The company has rolled out corporate venture capital (CVC) program for India to partner local corporations who have corpus to
Published By: 100X.VC Team

Venture capital firm 100X.VC is planning to invest over Rs 200 crore in startups in India by the end of next year. The company has rolled out corporate venture capital (CVC) program for India to partner local corporations who have corpus to invest in startups.
Published By: 100X.VC Team

Venture Capital fund 100X.VC will launch a programme to enable Indian corporates to invest in about 30-40 start-ups by the first quarter of the next calendar year. The programme - Corporate Venture Vapital (CVC) Programme – will help start-ups in raising about Rs 200 crore
Published By: 100X.VC Team

100X.VC, the venture capital firm launched recently by Mumbai-based angel investor Sanjay Mehta, has introduced a corporate venture capital programme that will bring in corporate partners to invest in early stage startups. Through the programme, corporate enterprises can invest in 100X.VC portfolio startups, it
Published By: 100X.VC Team

NEW DELHI, Nov 12: Venture capital firm 100X.VC is planning to invest over Rs 200 crore in startups in India by the end of next year. The company has rolled out corporate venture capital (CVC) program for India to partner local corporations who have
Published By: 100X.VC Team

Mumbai, 12th November, 2019: 100X.VC, India’s first and only venture capital fund to invest in 100 startups in a year using iSAFE notes announces a formal corporate venture capital (CVC) program. Under this program, 100X.VC will on board Indian corporates as investment partners. 100X.VC has
Published By: 100X.VC Team

NEW DELHI: Venture capital firm 100X.VC is planning to invest over Rs 200 crore in startups in India by the end of next year. The company has rolled out corporate venture capital (CVC) program for India to partner local corporations who have corpus to
Published By: 100X.VC Team

Venture capital firm 100X.VC has announced the launch of its formal corporate venture capital (CVC) programme, where it will be onboarding Indian corporates as their investment partners. In a press statement on Tuesday, November 12, 100X.VC revealed that the top 100 companies in India
Published By: 100X.VC Team

OCTOBER 2019


Many of the unicorn founders were rejected multiple times before somebody finally decided to give them a first cheque, a chance to prove themselves. The Ring today is valued at over $1 Bn, with investors like Richard Branson on their cap table, but it was
Published By: 100X.VC Team

Serial entrepreneur Sanjay Mehta’s venture capital firm 100X.VC will showcase its first cohort of 100 startups at VC pitch day in December at Indian Institute of Technology Powai, Mumbai. The event will see the companies pitching to an audience of marquee investors. The sector-agnostic
Published By: 100X.VC Team

100X.VC, a new venture capital firm led by entrepreneur-turned-angel investor Sanjay Mehta, is set to announce the first batch of portfolio companies in December during the VC Pitch Day in Mumbai, according to Inc42. 100X.VC, which is looking to invest in 100 early-stage startups
Published By: 100X.VC Team

Principal Investor of Mehta Ventures family office, Sanjay Mehta, is famous in the investors’ circle as a serial startup investor, and rightly so. “I meet an average 15 aspiring entrepreneurs every month,” he says. This practice has resulted in over 130 startup investments in the
Published By: 100X.VC Team

Serial investor Sanjay Mehta-led 100X.VC will reveal the first batch of portfolio companies at the VC Pitch Day to be held on December 7, 2019 in Mumbai. The company plans to invest in over 100 seed-stage startups from the 1200 pitches it received since its
Published By: 100X.VC Team

Mumbai, 19th October, 2019: 100X.VC, India’s first and only venture capital fund to invest in 100 startups in a year using iSAFE notes, will reveal its funded startups from its Class 01 of 2019 at the VC Pitch Day on 7th December, 2019 at IIT
Published By: 100X.VC Team

Mumbai, 19th October, 2019: 100X.VC, India’s first and only venture capital fund to invest in 100 startups in a year using iSAFE notes, will reveal its funded startups from its Class 01 of 2019 at the VC Pitch Day on 7th December, 2019 at IIT
Published By: 100X.VC Team

Shashank brings entrepreneurial and investment understanding with 15+ years of cross-functional expertise India of 2019 is a changed country compared to the last decade. With market enablers like availability of cheaper smart phones, low mobile data tariffs and an ever increasing digital literacy, Digital
Published By: 100X.VC Team

According to Sanjay Mehta, founder and Partner at 100X.VC, WeWork IPO devaluation and subsequently postponing it is a bad indicator for start-ups which have filed for IPO. “Startups are remaining private much longer as they are able to raise funds at later stage and
Published By: 100X.VC Team

Published By: 100X.VC Team

“The trend keeps changing based on technology but end of the day business continue(s) morphing itself with use” of these technologies, said Sanjay Mehta, founder and Partner at 100X.VC. Read more here.
Published By: 100X.VC Team

Published By: 100X.VC Team

“The deals are angel and seed stage have dried up as there are no good lead investors. The focus of all angel networks has moved from showcasing quality deals to earning membership fees and transaction fees. There is no additional incentive to lead deals," said
Published By: 100X.VC Team

Published By: 100X.VC Team

SEPTEMBER 2019


Ninad Karpe, Partner at 100X.VC This a true game changer and a turning point for funding for incubators. It recognizes the fact that Innovation is critical for India with the incubators playing an important role and it needs support from the CSR spend bucket.
Published By: 100X.VC Team

Ninad Karpe, partner at 100X.VC and Mandar Agashe, founder and vice president, Sarvatra Technologies brought in another growth angle here. Karpe considers the increase in the scope for CSR spend as a true game-changer and a turning point for funding for incubators. This recognises the
Published By: 100X.VC Team

Ninad Karpe, Partner at 100X.VC said, this is a real game changer and a turning point for funding for incubators. It recognizes the fact that Innovation is critical for India with the incubators playing an important role and it needs support from the CSR spend
Published By: 100X.VC Team

Similar point was raised by Ninad Karpe, Partner at 100X.VC and CEO & Founder of KARPE DIEM Consulting. According to Karpe, the move recognises the importance of innovation. “This a true game changer and a turning point for funding for incubators. It recognizes the fact
Published By: 100X.VC Team

“This is a true game changer and a turning point for funding for incubators. It recognizes the fact that Innovation is critical for India with the incubators playing an important role and it needs support from the CSR spend bucket,” said Ninad Karpe, Partner at
Published By: 100X.VC Team

Published By: 100X.VC Team

Published By: 100X.VC Team

Published By: 100X.VC Team

Published By: 100X.VC Team

Subscription economy has opened up new opportunities with startups. It is a big enough market and an opportunity for 100X.VC to fund them. Startups and large corporations alike are dipping their toes into the subscription business model. The subscription economy is bigger than the
Published By: 100X.VC Team

Published By: 100X.VC Team

Published By: 100X.VC Team

AUGUST 2019


Startup India: Indian millennials are foraying with innovations into the business venture creating their own startups. These startups can be in food, learning, conceptualising idea etc. Looking at the Indian youth's aspirations into the entrepreneurship, the Indian government introduced Startup India — an ambitious scheme
Published By: 100X.VC Team

100X.VC, India’s first and only VC Fund that aims to invest in 100 Startups in a year, has received a remarkable response from founders who are taking the leap into entrepreneurship across India. 100X.VC, since its launch, has been receiving about 24 startup pitch applications
Published By: 100X.VC Team

As per the statistics, tier II cities topped the charts at 31.9% from all the regions in India and out of the various sectors maximum pitch applications were received from consumer goods & services sector with 26.6% of the total pitch applications. Mumbai, 27th
Published By: 100X.VC Team

Mumbai, 27th August, 2019: 100X.VC, India’s first and only VC Fund that aims to invest in 100 Startups in a year, has received a remarkable response from founders who are taking the leap into entrepreneurship across India. 100X.VC, since its launch, has been receiving about
Published By: 100X.VC Team

Entrepreneur-turned-angel investor Sanjay Mehta recently launched a venture fund called 100X.VC, through which he aims to make at least 100 investments each year. Mehta is no stranger to the startup world having invested in over 130 ventures. Some of his early investments have become
Published By: 100X.VC Team

Published By: 100X.VC Team

Tell us about your first entrepreneurial venture. How was that experience? After my engineering I started a bespoke software company. Where we used to do customized software development for companies. Most of the applications that we built were business applications. Learning about various industries be
Published By: 100X.VC Team

New Delhi: Sanjay Mehta, a serial entrepreneur-turned angel investor has invested in over 130 companies since 2011, including OYO Rooms, Box8, LogiNext, and Block.One. Mumbai-based Mehta launched a venture capital fund called 100X.VC in July, which will invest in 100 start-ups in one year. Edited
Published By: 100X.VC Team

#1 Sanjay Mehta “I’m not addicted to funding startups. I’m addicted to working closely with entrepreneurs.” This statement mentioned by Mehta in his LinkedIn profile clearly defines him as an angel investor. He has angel invested in 103 startup companies in diverse sectors. He
Published By: 100X.VC Team

Sanjay Mehta, founder of 100X.VC, said that, “We are extremely bullish on the Fintech start-ups. I believe 30% of our portfolio will be in BFSI start-ups either in B2B or B2C side. India is underbanked hence provides massive opportunity for Indian start-ups to solve the
Published By: 100X.VC Team

JULY 2019


As the Indian investment ecosystem ropes in more and more investors from within the country and globally, a new fund called 100X.VC aims to invest in 100 startups every year. The fund has been launched by Sanjay Mehta, who has invested in over 130
Published By: 100X.VC Team

What is iSAFE? iSAFE, stands for India’s “Simple Agreement for Future Equity”, it is an alternative to a convertible security note for business start-ups. Although, there are several variations in it for overseas, it’s now being used probably for a very first time in India
Published By: 100X.VC Team

100X.VC, one of India's first venture capitalist firms is said to invest in 100 start-ups through India Simple Agreement for Future Equity notes. Interestingly, ISAFE was introduced to avoid tedious documentation and truncating timelines significantly. 100X.VC will focus its investments in companies across a
Published By: 100X.VC Team

Published By: 100X.VC Team

New venture capital platform 100X.VC will fund close to 20 startups between July and September. It plans to invest in 100 startups over the period of 12 months. These investments will be made through iSAFE notes. What is iSAFE? iSAFE, which stands
Published By: 100X.VC Team

Entrepreneur-turned-angel investor Sanjay Mehta, who has invested in over 130 start-ups, has launched a new venture capital fund, 100X.VC, and aims to invest in 100 early-stage start-ups over the next year. The new firm will invest ₹25 lakh to ₹1 crore in start-ups with
Published By: 100X.VC Team

Angel investor Sanjay Mehta has announced that he has made plans to invest in 100 new startups in a year through his new venture capital firm 100X.VC. The Angel investor has already invested in more than 130 startups. The Mumbai based venture is planning
Published By: 100X.VC Team

Published By: 100X.VC Team

Serial investor and entrepreneur, Sanjay Mehta has launched 100x.vc, a startup fund that is planning to on-board about 100 startups as part of its portfolio per year. The venture fund is looking to invest about Rs. 25 lakh to Rs. 1 crore in the startups.
Published By: 100X.VC Team

New venture capital platform 100X.VC will fund close to 20 startups between July and September. It plans to invest in 100 startups over the period of 12 months. These investments will be made through iSAFE notes. What is iSAFE? iSAFE, which stands
Published By: 100X.VC Team

Q. You recently launched 100X.VC, an early stage venture fund, through which you plan invest in 100 startups over a year using ‘iSafe’ notes. What are iSafe notes? ‘iSafe’ stands for India Simple Agreement for Future Equity. It is a convertible instrument that an investor
Published By: 100X.VC Team

Published By: 100X.VC Team

Published By: 100X.VC Team

Sanjay Mehta, an entrepreneur-turned-angel investor, has floated a venture capital firm to invest in early-stage startups in India across sectors, he said in a blogpost. Mehta has expanded his horizons by setting up a new VC firm 100X.VC. The firm is sponsored by Mehta
Published By: 100X.VC Team

Entrepreneur-turned-angel-investor Sanjay Mehta has floated a new ventur capital firm 100X.VC, to invest in early-stage startups across a broad range of industries, he announced via Linkedin on Tuesday. Read more here.
Published By: 100X.VC Team

Serial investor Sanjay Mehta has launched 100X.VC, an early-stage startup fund that plans to invest in at least 100 startups in a span of one year. The fund, looking at investing Rs 25 Lakh to Rs 1 crore in startups, claims to be the
Published By: 100X.VC Team

Entrepreneur-turned-angel investor Sanjay Mehta has announced a plan to scale India’s startup ecosystem. After investing in more than 130 startups, he has set up 100X.VC, a new venture capital firm that aims to invest in 100 early-stage startups in one year. 100X.VC, which wants
Published By: 100X.VC Team

Entrepreneur-turned-angel investor Sanjay Mehta announced the launch of 100X.VC, his new venture capital firm. "Time has now come for us in India to make a huge leap in investing in startups, using globally successful models which will lend depth and scale to the VC
Published By: 100X.VC Team

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
Published By: 100X.VC Team

Serial investor Sanjay Mehta launched a new venture capital fund called 100X.VC yesterday, which is a significant milestone for the angel investor who has been investing for over eight years in India and holds stakes in over 100 startups in the country. Putting in
Published By: 100X.VC Team

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
Published By: 100X.VC Team

To encourage the Indian start-up ecosystem, especially in the FinTech space, a clutch of veteran investors and top corporate leaders have launched India’s first iSAFE fund called 100X.VC. iSAFE stands for India Simple Agreement for Future Equity, an alternative to a convertible security note.
Published By: 100X.VC Team

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
Published By: 100X.VC Team


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