Post investment, 100X.VC spent more than 100+ hours of mentorship to help their latest portfolio ventures before announcing them at the VC Pitch Day.
- With the completion of Class 10, 100X.VC now has a total of 142 investments since the launch of the fund in July 2019.
October 28, 2023: India's pioneering venture capital fund, 100X.VC, has utilized iSAFE notes to invest in 15 startups in Class 10. The announcement of these new portfolio companies took place at the in-person VC Pitch Day held in Mumbai on October 28, 2023.
The Pitch Day saw a turnout of more than 400 investors, comprising HNIs, Family Offices, Venture Capital Funds, and Corporations. 100X.VC, investing INR 1.25 crore per startup, collaborated closely with each founding team, providing mentorship to improve their product and Go-To-Market (GTM) strategies before their unveiling at the VC Pitch Day.
Operating on a class-based investment model, the fund invests in startups spanning various sectors even before the class formally begins. For its Class 10 this year, 100X.VC meticulously selected 15 companies out of 450 shortlisted from a pool of 2000+ startups. These portfolio companies are based in 9 cities: Mumbai, Bangalore, Delhi, Pune, Ahmedabad, Hyderabad, and Gurgaon among others.
Ninad Karpe, Founder & Partner, 100X.VC , said "We are thrilled to announce our newest cohort, Class 10, consisting of 15 innovative startups. With these additions, we have now invested in 142 early stage startups spanning diverse sectors. We firmly believe that India's early-stage startup landscape has many game-changers, and the startups of Class 10 epitomize these promising opportunities."
The Class 10 portfolio includes:
- Arthum | Sector (https://arthum.co.in/):
Fintech
Solving working capital needs of SMEs.
- Bepure | Sector (https://www.bepure.store/):
Consumer Brand
Digital first D2C brand of water purifiers for homes with a focus on Nanofiltration technology
- Buckmint | Sector (https://buckmint.org/):
ClimateTech
Decentralized Exchange for Carbon Credit Trading
- Cutbox | Sector (https://cutbox.in/):
B2B Marketplace
Restocking Kirana Stores in under 60 minutes
- DailyBee | Sector (https://www.dailybee.in/):
B2B SaaS
Seller app to make it effortless for small and medium retailers to sell on ONDC
- Datavio | Sector (https://datavio.co/):
B2B SaaS
AI-led marketplace intelligence and optimisation software for consumer brands
- Flabs | Sector (https://flabs.in/):
B2B SaaS
Saas for managing diagnostic labs
- Hatchfast | Sector (https://hatchfast.dev/):
B2B SaaS
No-Code AI Tool for Functional Test Automation
- HYRGPT | Sector (https://www.hyrgpt.com/):
HRTech
Recruit Top Talent in Minutes with Gen-AI Co-Pilot
- JoySpoon | Sector (https://joyspoon.in/):
Consumer Brand
Digital first D2C brand for a range of tasty and quality Indian Mouth Fresheners
- MiClient | Sector (https://www.miclient.ai/):
B2BSaaS
Unified sales platform to close B2B sales deals 3 times faster.
- Offside | Sector (https://www.offside.club/):
Social Media
An all-in-one social platform for cricket fans
- Sprentzo | Sector (https://www.sprentzo.com/):
ConsumerTech
At source rental marketplace, providing top quality sports gear on demand
- THAP | Sector (https://www.thap.app/):
HealthTech
India's first digital happiness gym
- Wastefull Insights | Sector (https://www.wastefullinsights.com/):
CleanTech
Pioneering automated waste segregation through Robotics and Computer vision
About 100X.VC:
100X.VC is the first VC to invest in early-stage startups using India SAFE Notes. The fund is sponsored by Mehta Ventures, the Family Office Investment arm of Sanjay Mehta. 100X.VC is SEBI-registered Investment Adviser & CAT I Alternate Investment Fund.
