With the latest funding round, 100X.VChas now driven investments in more than 50 startups to date
Mumbai, 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 its Class 04 portfolio. The start-ups were handpicked from 1715 applications, out of which, 446 applicants had passed the meticulous initial diligence process. With these 11 investments, 100X.VC has crossed 50 investments till date.
The names of these 11 startups were revealed at the VC Pitch Day on the 14th of May, 2021, which was attended by more than 500+ investors, including VCs, corporate houses, angels, and family houses from all around the world. The sector-agnostic, innovation-led VC firm has invested in each of the selected start-ups via founder-friendly iSAFE notes. 100X.VC is the first institutional investor that introduced iSAFE (India Simple Agreement for Equity) notes in India back in 2019. iSAFE notes have now become a popular early-stage investment instrument for founders and investors alike.
Prior to the VC Pitch Day, the portfolio companies interacted closely with a panel of industry experts and attended 100+ hours of Masterclass sessions by 50+ expert mentors, industry veterans, successful founders, and venture capitalists who shared their in-depth insights about the startup ecosystem. A few topics addressed Sales Strategy, Leadership, Product-Market fit, Hiring, GTM Strategy, and so forth.
The Class 04 Portfolio companies include Bhyve, Field Proxy, Powerbot, Inzpira, Kroop.ai, Creators Club, Talkie, DataKund, Quizy Games, Moving, and Clinify. All of these startups cater to diverse sectors including Deeptech, SaaS, Edutech, and Fintech to name a few.
Ninad Karpe, Partner at 100X.VC said, “With our Pitch Day for Class 04, we have now invested in 50 startups in India using our pioneering iSAFE notes. Angel investors, family offices, and VCs eagerly look forward to our Pitch Days to evaluate the startups that have been curated by 100X.VC. We will build on our learnings to ensure that we continue on our pioneering path, wherein we discover early-stage startups at regular intervals, provide unlimited mentoring to the founders, and showcase innovative startups to the investors.”
Class 04 Portfolio Companies:
BHyve is a Future of Work SaaS platform that helps companies document and democratize the tacit knowledge of their employees and launch peer learning networks at organizations. BHyve enhances employee productivity by 35% and reduces time lost to search by 30%.
Sector: SaaS – HR tech
FieldProxy is a SaaS platform that helps field servicing companies to better manage their on-field teams. The platform allows business managers and owners to create and deploy custom applications through a simple workflow builder.
Sector: SaaS – Field/Home Servicing
Powerbot offers energy analytics service that helps industries and commercial buildings to optimize their use of electricity by analyzing their electricity usage in real-time to identify saving opportunities.
Sector: Energy Servicing
Inzpira is a curated marketplace for live English Language learning that allows students to instantly connect with a trainer and learn anytime, from anywhere.
Kroop AI is empowering organizations with deepfake detection services to help them authenticate audio and video samples.
Sector: Deep Tech
CRE.CLUB is redefining social commerce by building India’s first social payment method which allows shoppers to pay by social media post at point of sale. Cre Club digitizes and automates word of mouth marketing in the online world by democratizing influencer perks, down to the 99% of the social media users and develop a community where the brand and customer “synergistically interact with each other”.
Sector: Social Commerce and Marketing Tech
Talkie is a voice-only, real-time chat platforms for remote teams to communicate effectively.
DataKund is a no-code, intelligent browser automation tool that allows everyone to build software robots to automate their repetitive work on the web without any programming.
Sector: Automation - SaaS
Quizy is a skill-based real money gaming platform that allows people to apply their knowledge to win real cash through their 24*7 contests.
Sector: Online Gaming
Moving allows users to follow news around cryptocurrency by keeping track of the ecosystem. It provides news, insights and verifies knowledge on the currency
Clinify is India’s first marketplace of live interactive courses for students to learn new skills with the help of a mentor and for instructors to make a passive stream of income. They have an engaged community of over 35,000 students from across 2500 colleges and schools.
With the closure of Class 04 VC Pitch Day, 100X.VC has opened applications for Class 05. We invite all founders/start-ups to apply to be a part of Class 05 applications by sending in their pitch decks to [email protected].
100X.VC is India’s first Fund to invest in early-stage start-ups 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 start-up after investing.