<ul><li style="text-align:justify;">Breathe ESG, a pioneering startup offering enterprise SaaS solutions for sustainability management, has successfully raised USD 315K in a pre-seed funding round.</li></ul>November 14, 2023, India:&nbsp;Breathe ESG, a pioneering startup offering enterprise SaaS solutions for sustainability management, has successfully raised USD 315K in a pre-seed funding round. The round was led by 100X.VC, with participation from KANJ Realty Ventures and Hyderabad Angels. The round also saw participation from notable angel investors like Vipul Jain (Chairman, Kale Logistics and Partner, Hearth Ventures) Pradeep Lala (Managing Director &amp; CEO at Embassy Services) and Prashant Naik (Managing Partner, GRICAA).Founded in July 2022 by Karantaj Singh and Shaayak Chatterjee, Breathe ESG has positioned itself as a leader in the sustainability management domain. The platform assists enterprises in streamlining their sustainability efforts, making the transition to sustainable practices more accessible, efficient, and affordable.Sustainability management has emerged as a crucial aspect for companies aiming to navigate the complexities of the modern business landscape. It encompasses a holistic approach, integrating environmental, social, and governance (ESG) practices into the core business strategy. A commitment towards sustainability strengthens a company’s reputation, as consumers and investors are increasingly drawn towards organisations that imbibe ethical and sustainable practices.&nbsp;Reflecting on the successful funding round, co-founders Karantaj Singh and Shaayak Chatterjee expressed their gratitude and shared their vision for the future - “We are incredibly excited and grateful for the trust and support shown by our investors. This capital injection is a testament to the necessity of integrating sustainability into business operations,” they stated. “With this funding, we are poised to accelerate our product development, expand our reach, and continue our mission to empower businesses in their sustainability journey.”Ninad Karpe, Founder &amp; Partner, 100X.VC, mentioned, “As the first institutional investors, we are thrilled that Breathe ESG has raised its pre-seed funding. At 100X, we invest in innovative startups and sustainability management is an area which has enormous scope. We are optimistic that Breathe ESG will scale rapidly in the future”As Breathe ESG gears up for its next phase of growth, the startup is committed to driving innovation in the sustainability management sector, ensuring that businesses are well-equipped to navigate the transition to sustainable practices. The funding will be used to increase product capabilities to improve the suite of offerings and to expand into global markets. With a strong backing from investors, Breathe ESG is poised to make a significant impact in the sustainability domain, helping businesses across the globe adopt sustainable practices for a greener future. Breathe ESG was also selected to be part of the prestigious Gruhas Aspire.&nbsp;

Breathe ESG, a pioneering startup offering enterprise SaaS solutions for sustainability management, has successfully raised USD 315K in a pre-seed funding round. The round was led by 100X.VC, with participation from KANJ Realty Ventures and Hyderabad Angels. The round also saw participation from notable angel investors.

Breathe ESG Raises USD 315K in pre-seed funding led by 100X.VC

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<figure class="image"><img src="https://1.bp.blogspot.com/-AEqc_qcuvHI/X2SolHS19gI/AAAAAAAAAFU/zgD9vDKoyp8d23sMTwQoT-c7MIrd7uYngCLcBGAsYHQ/w332-h332/download.jpg"></figure>&nbsp;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 their way to create a platform for the usage of hundreds of thousands.&nbsp;A SaaS platform, Knorish enables individuals to launch their businesses online. Whether one is an artist or an academic, they can curate and build their own courses for the consumption of users worldwide. With Knorish’s platform, they have the freedom to monetize their skillset and display it to a wider audience looking to acquire the same. Enabled with a powerful website builder tool, course builder, pre-integrated payment gateways to automate payment collection, and many other features, Knorish is a one-stop-solution for talented individuals to display their prowess to the world.&nbsp;COVID-19 gave the businesses unprecedented growth, to the tune of 400% in a few short weeks. Content creators flooded to the platform to create courses and monetize on their skills, just as millions scoured the internet looking to learn or hone their skills. Kinner and Rakhi’s creation, in a budding stage when funded by 100X.VC, is now growing steadily, with the prospects of a full bloom in the coming years.&nbsp;We wish the Knorish team the very best. 100X.VC invests in a founder’s vision at a time when the future is largely uncertain. Knorish has struggled and striven to grow, and we anticipate the value they will create for millions of people.&nbsp;

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 their way to create a platform for the usage of hundreds of thousands. 

A SaaS platform, Knorish enables individuals to launch their businesses online. Whether one is an artist or an academic, they can curate and build their own courses for the consumption of users worldwide. With Knorish’s platform, they have the freedom to monetize their skillset and display it to a wider audience looking to acquire the same. Enabled with a powerful website builder tool, course builder, pre-integrated payment gateways to automate payment collection, and many other features, Knorish is a one-stop-solution for talented individuals to display their prowess to the world. 



Knorish Raises Subsequent Round of Funding

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 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. Mr. Ninad Karpe, ace corporate leader, who has joined 100X.VC as its Partner, said: “100X.VC is truly a game-changer. I am delighted to be part of this exciting journey of funding startups in India using a unique model. I hope to bring to bear my entire corporate experience to nurture and grow the startups we invest in.” 100X.VC aims to be the first institutional investor in its portfolio companies and will go beyond mere funding. 100.VC will open its network, expertise and resources that will assist founders in crafting a scalable business model. Mr. Sanjay Mehta, Founder and Partner at 100X.VC said, "Time has now come for us in India to make a huge leap in investing in start-ups, using globally successful models which will lend depth and scale to the VC industry. When startups become part of the 100X.VC ecosystem, they will get all that they truly need. For us, investing in 100 start-ups over the next twelve months is just the beginning” Based in Mumbai, 100X.VC has received the final regulatory approvals for Category 1 - Alternate Investment Fund License and Investment Advisor License from the Securities &amp; Exchange Board of India (SEBI) to commence its operations. &nbsp;<h2>About 100X.VC:</h2>100X.VC is India's first Fund to invest in early stage startups 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 startup after investing. &nbsp;<h4>About the Team:</h4>Sanjay Mehta, Founder &amp; Partner - Sanjay Mehta is a serial entrepreneur turned angel investor. Sanjay started his journey as an entrepreneur, successfully exiting the business and then starting his Family Office – Mehta Ventures. Since 2011, Sanjay has invested in approximately 130+ companies including OYO Rooms, Box8, LogiNext, and Block.One. Sanjay’s ability to understand the nuances of technology and finance has helped him build global ventures. Ninad Karpe, Partner - Ninad Karpe has had an eclectic career, starting with being a consultant; moving on to head operations of CA India, the global software multinational; and then leading Aptech, India’s premier education and training company. An author, speaker, entrepreneur and corporate leader – Ninad has done it all. Yagnesh Sanghrajka, CFO - Yagnesh has had a successful run in the corporate world heading Finance, M&amp;A and Strategy in multiple leading organizations, which include the Hinduja Group, Phoenix Mills Group, MT Educare(Mahesh Tutorials). He has also served as the India Operating Partner for Bessemer Venture Partners (Global VC). Shashank Randev, Founder VC - Shashank brings 15+ years of work experience, having worked in large companies including Zensar Technologies and NIIT Ltd. He was also the founding member of VCCEdge (Acquired by News Corp) and has been investing in technology-enabled startups. Vatsal Kanakiya, CTO - Vatsal Kanakiya is the CTO of 100X.VC and has work experience of 2 years. He has worked with Morgan Stanley, MIT Media Labs and Mehta Ventures Family Office.

100X.VC, 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.


100X.VC, Fund launched, aims to invest in 100 startups via iSAFE in a year, first time in India

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 applications from across India with 962 valid pitches which are currently under evaluation. The statistics of the pitches received, reflected that the&nbsp;tier II cities topped the charts at 31.9% showing some great potential. Whereas, Delhi-NCR took the lead in tier I category at 24.5%, followed by Mumbai at 15.5%, beating Bengaluru (startup capital of India) at 11.4%. &nbsp;<figure class="image"><img src="https://1.bp.blogspot.com/-sPva080oGCI/Xa2E-IcxgmI/AAAAAAAAAAo/q6PIKPg_4HIzG3cV8zAR933xH0BFCcaDwCPcBGAYYCw/s1600/LocationGraph.PNG"></figure>There is a significant gap between founders of tier II &amp; III cities and the investment ecosystem which needs to be bridged. According to the Department for Promotion of Industry and Internal Trade (DIPP), India has 300 plus incubators and accelerators managed under several schemes provided by Central and State Government. As per National Association of Software and Services Companies (NASSCOM), 40% of these incubators and accelerators are concentrated in tier I cities. Most recently, Piyush Goyal, Minister of Commerce and Industry announced that the current number of registered startups with DIPP stands at 21,000 in 2019. &nbsp;<blockquote>“Startups, globally, have been seen as nation builders and we want to back the next new wave of great Indian entrepreneurs from every corner of the country. Digital inclusion comprising of voice, video and vernacular play will be the next wave for India. While the number of startups have been on the increase, access to seed capital still remains a challenge – we want to fill that gap through iSAFE Notes backing 100 startups in a year and supporting Digital India” , said&nbsp;Shashank Randev, Founder VC at 100X.VC.</blockquote><figure class="image"><img src="https://1.bp.blogspot.com/-1_RO5a1FIfk/Xa2E-Cde37I/AAAAAAAAAAs/Eyh7-QD30ughf7--RqpQ2L8uMUVlPefZwCPcBGAYYCw/s1600/SectorGraph.PNG"></figure> Considering various sectors, the largest number of applications were from&nbsp;Consumer Goods &amp; Services sector - 26.6%, followed by B2B Software Services sector - 20.6%. Also, received some applications from&nbsp;innovative startups in the automotive and aerospace sectors - 3.9% and 1.2% respectively&nbsp;of the application pool. We believe that our ability to simplify the funding process and having a team of veterans with early stage investment experience will enable us to work deeply within the ecosystem. &nbsp;<blockquote>“We are overwhelmed and humbled with the phenomenal interest shown by startup founders to be part of Class 01 of 2019 of 100x.vc. Our unique model and approach seems to have resonated well with the founders and with the huge number of applications received by us, we hope to pick the very best and nurture them to success. We are committed to making a difference to the startup ecosystem by keeping the founder at the centre of our attention" , said&nbsp;Ninad Karpe, Partner at 100X.VC.</blockquote> At 100X.VC, we will identify and select the most talented entrepreneurs from the application pool having a strong founding team going after a large market, and building out a product-market fit. Class 01 of 2019 comprising of 20 startups will receive seed investment from 100X.VC using iSAFE Notes. &nbsp;

Since the launch of the fund, we have received 1200+ email applications from across India with 962 valid pitches which are currently under evaluation.

The statistics of the pitches received, reflected that the tier II cities topped the charts at 31.9% showing some great potential. Whereas, Delhi-NCR took the lead in tier I category at 24.5%, followed by Mumbai at 15.5%, beating Bengaluru (startup capital of India) at 11.4%.


1,200+ startup applications in 40 days since launch

<h3 style="text-align:center;">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.</h3>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 built a startup discovery platform for corporations looking to turbo charge their innovation strategy. 100X.VC has become an undisputed leader in seed stage deal flow in last six months since the announcement of their fund. Under this program, CVC partners can now leverage 100X.VC funded startup companies as their deal flow for the next round of investments. 100X.VC is founded by Sanjay Mehta, a veteran startup investor who has been invited as speaker or jury to engage with corporations startups programs with corporations like RIL, Viacom, Yes Bank, Pidilite, BSE, Barclays, SAP, Google, Microsoft and many others. 100X.VC team research survey estimates that top 100 corporations in India have kept aside anywhere between 10 to 100 Crores of Capital to invest into startups. 100X.VC’s strategically driven CVC program primarily aims to directly or indirectly increase the sales and profits of the Corporations by striking deals with startups that use new technologies, entering new markets, identifying acquisition targets, and accessing new resources, while financially driven CVCs invest in new companies for leverage. A startup can enjoy the large investing company’s industry expertise, prestigious name brand, stable financial standing, network of connections, and ecosystem of developed products. This relationship can even lead to a partnership between the CVC and its parent firm, which, in turn, can instantly boost a company’s value. The corporate venture capital ecosystem is expanding far beyond the likes of Reliance Industries and Google in India. &nbsp;<blockquote>Ninad Karpe, Partner at 100X.VC says “Indian corporations woke up after Walmart acquisition of Flipkart. It shook them to start looking at startups seriously. Our role is of a catalyst by helping corporations discover, invest and build startups allied to their industry and strategic fitment. We initially plan to work with 10-12 Company boards to actively create a bespoke deal flow for their investments. Given my past background as CEO of listed company, I understand the boards push for innovation and nonlinear growth. I closely work with CEOs of large corporations and help them hedge &amp; build with startups”.</blockquote>Over the last decade, corporate venture capital (CVC) globally has been growing at an unprecedented rate. In 2018 alone, over $60.8 billion was invested in more than 1,065 deals, representing an increase of more than 100% from the previous year which is equivalent to 23% of all venture deals. Corporate venture capital is a form of venture capital where corporate funds are directly invested in external private companies. Unlike Venture Capital, Corporate Venture Capital strives to achieve goals both strategically and financially. &nbsp;<blockquote>Yagnesh Sanghrajka CFO at 100X.VC says “Startups are now part of board room discussions. Companies don’t want to be left out on innovation and new age commerce. While corporations know their own industry, they have very little knowledge on how to access or work with young startups. With huge interest from corporations, we worked to formalize a structured CVC program."</blockquote>

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 built a startup discovery platform for corporations looking to turbo charge their innovation strategy. 100X.VC has become an undisputed leader in seed stage deal flow in last six months since the announcement of their fund. Under this program, CVC partners can now leverage 100X.VC funded startup companies as their deal flow for the next round of investments. 100X.VC is founded by Sanjay Mehta, a veteran startup investor who has been invited as speaker or jury to engage with corporations startups programs with corporations like RIL, Viacom, Yes Bank, Pidilite, BSE, Barclays, SAP, Google, Microsoft and many others. 100X.VC team research survey estimates that top 100 corporations in India have kept aside anywhere between 10 to 100 Crores of Capital to invest into startups.

100X.VC, undisputed leader in seed stage deal flow announces a formal Corporate Venture Capital (CVC) program

Mumbai, 9th December:&nbsp;<a href="https://www.100x.vc/">100X.VC</a>&nbsp;revealed the first class of 20 seed-stage startups portfolio at the&nbsp;<a href="https://www.100x.vc/pitchday">VC Pitch Day</a>&nbsp;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. Having backed 20 startups through&nbsp;<a href="https://www.100x.vc/isafe">iSAFE</a>&nbsp;notes brought to India for the first time by 100X.VC, we have begun simplifying the funding process for entrepreneurs. 100X.VC has partnered with 30 VC partners, names of which appear on&nbsp;<a href="https://www.100x.vc/vc-partners">VC partners</a>&nbsp;page of our website. The VC pitch day was attended by VCs, Angel Investors, Family offices and Corporates. These 20 startups were selected from 1,982 applications from across India through a rigorous diligence process. Statistics on 20 funded portfolio companies are given below: &nbsp;<figure class="image"><img src="https://1.bp.blogspot.com/-7D-MmXK3WDs/XhMAHATLx1I/AAAAAAAAAC8/1Gkm9Z_hX4Qj3JqT4MZ4TMXwe-pL6ku_QCLcBGAsYHQ/s640/Untitled.png"></figure>The founders interacted closely with the 100X.VC team members before the VC Pitch day as part of their finishing school. They also attended various&nbsp;masterclass&nbsp;sessions (28) from a set of&nbsp;expert mentors,&nbsp;industry veterans,&nbsp;successful founders&nbsp;and a few&nbsp;investors&nbsp;who spent quality time with the founders and shared their experiences. Following is the list of Class 01 of 2019: &nbsp;<ul><li><a href="http://dhiyo.ai/">Dhiyo.ai</a>&nbsp;(GoDhiyo Solutions Private Limited): Dhiyo.ai is an HRTech platform that relies on multilingual conversational AI-powered technology to employ the blue-collar workforce.</li><li><a href="https://pickright.in/">Pickright</a>&nbsp;(Pickright Technologies Private Limited): Pickright is a fintech startup which connects investors and stock advisors thru a transparent AI platform.</li><li><a href="https://www.therenalproject.com/">The Renal Project</a>&nbsp;(Renal Project Co Private Limited): The Renal Project is a healthcare startup that operates a chain of dialysis micro-centres.</li><li><a href="http://decadenz.co.in/">Decadenz</a>&nbsp;(Outlier Foods Private Limited): Decadenz is a Gurugram-based startup working in the consumer goods that manufactures and sells chocolate-based fudge jars.</li><li><a href="https://hoggy.co/">Litifer</a>&nbsp;(Litifer Technologies Private Limited): Litifer is an information technology &amp; services startup that develops artificial technology (AI)-powered voice interactive toys for 4 to 10-year-old children.</li><li><a href="https://hoggy.co/">Finline</a>&nbsp;(Fynamics Business Solutions Private Limited): Finline is an online platform for entrepreneurs to create “Project Report” for their business unit to facilitate fundraising and bank loan approvals.</li><li><a href="https://cymour.com/">Cymour</a>&nbsp;(Renacle Cycling Private Limited): Cymour is a Pune-based premium bicycle sharing platform that provides cycles within gated communities.</li><li><a href="https://www.thesnug.app/">SNUG</a>&nbsp;(Human Tales Technology Private Limited): Snug is a business network platform that allows users to meet talent experts around their area.</li><li><a href="https://agrigator.co/">AgriGator</a>&nbsp;(Anati Technologies Private Limited): AgriGator is a digital platform that connects traders, processors, wholesalers, and carriers to make the agriculture supply chain more efficient and transparent.</li><li><a href="https://www.doc32.in/">DOC32</a>&nbsp;(Abita Innovations Private Limited): Doc32 is a dental care startup that leverages on technology to connect customers to dentists and clinics.</li><li><a href="https://roadmetrics.in/">Road Metrics</a>&nbsp;(Roadmetrics Private Limited): Road Metrics provides a way to monitor road conditions real-time and navigates users to the most time-saving and safe route possible.</li><li><a href="https://reko.social/">Reko Social</a>&nbsp;(Gramini Solutions Private Limited): Reko is an influencer marketing platform, which pays users based on the content they share.</li><li><a href="https://www.foodmonk.com/">Foodmonk</a>&nbsp;(Foodmonk E-Commerce Private Limited): Foodmonk is a food-tech startup that provides end-to-end solution for cafeteria management to corporates and institutions.</li><li><a href="https://www.datasutram.com/">Data Sutram</a>&nbsp;(Extrapolate Advisors Private Limited): Data Sutram is an AI-backed platform that gathers intel from external data to provide location-based data intelligence.</li><li><a href="https://www.karnival.co/">Karnival</a>&nbsp;(Karnival Internet Technologies Private Limited): Karnival Smart Invoices is a sales and marketing platform that provides personalized invoices for companies, specifically brick &amp; mortar retailers.</li><li><a href="https://buenofinance.in/">Bueno Finance</a>&nbsp;(Bueno Gig Growth Technologies Private Limited): Bueno Finance is a fintech startup that helps blue-collar workers build their creditworthiness to improve the long-term financial health of the customers.</li><li><a href="https://knorish.com/">Knorish</a>&nbsp;(Knorish Frameworks Private Limited): Knorish is an edtech startup that allows has users to create courses, market and monetise an online academy for branded digital coursework.</li><li><a href="https://www.pocketly.in/">Pocketly</a>&nbsp;(Pocketly Infotech Private Limited): Pocketly is a microlending platform that focuses on college students and building a financial ecosystem around them.</li><li><a href="https://www.alluzo.com/">Alluzo</a>&nbsp;(Ekeekaran Ventures Private Limited): Alluzo is a digital multilingual receipt book, which helps small businesses generate and send digital invoices.</li><li><a href="https://fnvfarms.com/">FnV Farms</a>&nbsp;(FNV Infotech Solutions Private Limited): FnV Farms is a grocery delivery service that provides pure fruits and vegetables on a fixed pricing subscription model directly sourced from farms avoiding adulteration.</li></ul>We are happy to announce the start of Class 02. All founders / startups are requested to send in their pitch decks to pitch@100x.vc About 100X.VC: <a href="https://www.100x.vc/" target="_blank" rel="noopener noreferrer">100X.VC</a> is India’s first Fund to invest in early stage startups 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 startup after investing. &nbsp;

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. Having backed 20 startups through iSAFE notes brought to India for the first time by 100X.VC, we have begun simplifying the funding process for entrepreneurs.

100X.VC has partnered with 30 VC partners, names of which appear on VC partners page of our website. The VC pitch day was attended by VCs, Angel Investors, Family offices and Corporates. These 20 startups were selected from 1,982 applications from across India through a rigorous diligence process. Statistics on 20 funded portfolio companies are given below:

100X.VC announces its Class 01 of 2019 portfolio

<figure class="image"><img src="https://1.bp.blogspot.com/-icJFnYy9_2Q/X2yTeLehdFI/AAAAAAAAAFw/-O1383ntPk05uGUuVzbjFrRdGumDvg2PACLcBGAsYHQ/s0/logo-1586419574356.jpg"></figure> &nbsp; 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 advisory to young, tech savvy investors.&nbsp;The money will be used toward product development, marketing and enhancing the brand in the market. In a post-COVID world where everyone is looking at alternative revenue streams to sustain themselves, credible platforms like Pickright fill a critical need in the market by providing accurate and transparent solutions and advice.&nbsp;Moving forward, the platform is going to be geared toward creating a highly intuitive, tailored solution for each member onboarded on the platform. The idea is to use AI and ML to create personalized financial recommendations to each user. The 100X.VC team looks forward to Archana and Namandeep’s unwavering progress and commitment toward the financial revolution they are creating.&nbsp;

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 advisory to young, tech savvy investors. 

The money will be used toward product development, marketing and enhancing the brand in the market. In a post-COVID world where everyone is looking at alternative revenue streams to sustain themselves, credible platforms like Pickright fill a critical need in the market by providing accurate and transparent solutions and advice. 



Pickright Raises Subsequent Round of Funding 

<figure class="image"><img src="https://1.bp.blogspot.com/-XAF-yIk6GyU/X2Sc1xmHuhI/AAAAAAAAAFI/TzlPC4L8klQj1kizrsILcSR1Q93gtD-HwCLcBGAsYHQ/w506-h235/download.png"></figure>&nbsp;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 rapidly and sustainably.&nbsp;The AI-based platform that gathers intel from external data to provide location-based data intelligence was founded in 2018 by three Jadavpur University engineering students, Rajit Bhattacharya, Aisik Paul, and Ankit Das. The goal was to capitalize on insights that can be gleaned from massive amounts of unstructured data from multiple sources. This unfiltered data, when cleaned, geotagged, and filtered, becomes a goldmine for businesses.&nbsp;Data Sutram operates on a B2B model, leveraging its technology to help businesses make key decisions such as determining new locations to expand to, improving performance of existing assets (physical and digital), and micro-targeting the right audience for a product launch. Currently, they operate in the pharmacy, FMCG, and grocery segments, with plans to expand into BFSI, agritech, and the media and entertainment space too.&nbsp;COVID-19 has caused a global, pan-industry shift online. Moving forward. businesses cannot survive without data. At a time like this, Data Sutram’s subsequent funding comes at the right time. They can capitalize on the current requirement to scale their business and allow businesses across sectors to avail key insights needed to navigate a turbulent period in time.&nbsp;We wish the Data Sutram team the very best in their endeavors. The 100X.VC team will continue to remain a close ally as they take steady strides to dominate the market.&nbsp;&nbsp;

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 rapidly and sustainably. 

The AI-based platform that gathers intel from external data to provide location-based data intelligence was founded in 2018 by three Jadavpur University engineering students, Rajit Bhattacharya, Aisik Paul, and Ankit Das. The goal was to capitalize on insights that can be gleaned from massive amounts of unstructured data from multiple sources. This unfiltered data, when cleaned, geotagged, and filtered, becomes a goldmine for businesses. 



Data Sutram Raises Subsequent Round of Funding 

<figure class="image"><img src="https://1.bp.blogspot.com/-f7snC-TaqZw/X2S7EqyNsFI/AAAAAAAAAFg/_7WDHHKZZ48RyVd67B9aKATYCVrodmbiQCLcBGAsYHQ/s320/Startup.jpg"></figure> &nbsp;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 steadily grown and created value for hundreds of patients suffering from renal kidney problems.&nbsp;&nbsp;The funds will be utilized to create micro-dialysis centers across the country in tier 2 and 3 cities, where access to dialysis services are low and frequently forbiddingly expensive. The Renal Project aims to have built a 1000 centers across Tier 2 and 3 cities in the country over the next decade.&nbsp;With the advent of COVID-19, most other life-threatening conditions that needed attendance went to the background. At a time like this, the need for creating affordable micro-dialysis centers is of paramount importance. Founded in 2019 by Shashank Moddhia, The Renal Project is filling a very important gap in the healthcare ecosystem in the country.&nbsp;The post-pandemic reality has put healthcare at the forefront of most human concerns and goals. At a time like this, The Renal Project is creating immeasurable value for patients that could not afford or avail dialysis services. The 100X.VC team is proud to have partnered and enabled Shashank’s vision, one that will save many lives in the years to come.&nbsp;&nbsp;&nbsp;&nbsp;

 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 steadily grown and created value for hundreds of patients suffering from renal kidney problems. 
The funds will be utilized to create micro-dialysis centers across the country in tier 2 and 3 cities, where access to dialysis services are low and frequently forbiddingly expensive. The Renal Project aims to have built a 1000 centers across Tier 2 and 3 cities in the country over the next decade. 



The Renal Project Raises Subsequent Round of Funding

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 were funded through iSAFE notes, which have been pioneered by 100X.VC and has become a popular instrument for early stage investments.100X.VC has partnered with many of the leading VCs in the Indian startup ecosystem. All these Growth stage VCs, and many hundreds more, attended the online VC Pitch Day to see 100X.VC’s Class 02 startups. Selected from a batch of over 4,500 applications, these startups are promoted by bright founders looking to disrupt their respective industries.Prior to the VC Pitch Day, Class 02 startups attended masterclasses by industry experts, successful founders and prep sessions organized by the 100X.VC team. The sessions helped Class 02 startup founders learn more about business model validation, investor relations, term sheet agreements and various key topics.Ninad Karpe, Partner at 100X.VC said,&nbsp;“We are delighted to present the nine exciting startups as part of our Class 02. We have faced unprecedented challenges this year and are proud of our Class 02 startups who have displayed tenacity, determination and perseverance to pursue their vision.”He added, “These startups traverse diverse sectors with their innovative ideas endeavouring to make our world a better place to live. At 100X.VC, we are confident that each startup of Class 02 is capable of becoming a leader in its space."<h2>Class 02 Startup Details:</h2>Fyllo: An AgriTech startup that uses an IoT device to capture the environmental factors of a piece of agricultural land, providing farmers with accurate and timely information for irrigation, fertigation, harvesting, soil composition, infestation risks of diseases and pests and weather forecasts for the farm. https://www.fyllo.inMindpeers: MindPeers is a mental health tech platform using a combination of deep technology and subject matter experts, creating a quality scalable supply of mental health professionals for a standardized treatment with measurable data outcomes to track progress for employees and consumers. https://mindpeers.coPracify: A marketplace that helps companies scale by connecting them to a network of selected &amp; trained on-demand (''gig'') workers who perform simple task-based jobs on a 'pay-per-performance' system.Their tech platform enables end-to-end work execution and helps companies leverage young Indians as gig workers. https://pracify.comBatteryPool: BatteryPool is a comprehensive SaaS platform for Electric Vehicle fleet operators to deploy EVs on their fleets and manage all aspects of their EV operations (eg. Charging, maintenance, battery health) from a single dashboard. https://www.batterypool.comJetsons Robotics: A robotics startup manufacturing 2-axis, fully autonomous, water-free, rooftop solar panel cleaning robots to benefit EPC’s customers with extra generation worth $4000/annum/MW. https://www.jetsonsrobotics.comAva: A healthcare app to help women with chronic conditions like PCOS, with their deep-tech enabled programs. Ava is also striving to build a community of women to discuss everything about wellness and health. https://myava.inSAWO Labs: A customer-centric, standardized and device-based secure authentication solution for apps and websites, removing the need for password authentications and OTPs. https://sawolabs.comOur Eye.ai: At OurEye we are bringing cameras to life by deploying a virtual auditor all through cameras &amp; AI. Allowing enterprises to gain real time insights and alerts about any compromise on Standard Operating Procedures and any other deep dive analytics through cameras https://www.oureye.aiSharedPro: A Talent Mobility Marketplace connecting companies to share full-time employees. It acts like a cloud talent empowering companies to adopt to flexible employment model. https://sharedpro.inAbout 100X.VC: 100X.VC is India’s first Fund to invest in early stage startups 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 startup after investing.

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 notes, which have been pioneered by 100X.VC and has become a popular instrument for early stage investments.

100X.VC has partnered with many of the leading VCs in the Indian startup ecosystem. All these Growth stage VCs, and many hundreds more, attended the online VC Pitch Day to see 100X.VC’s Class 02 startups. Selected from a batch of over 4,500 applications, these startups are promoted by bright founders looking to disrupt their respective industries.

100X.VC Announces its Class 02 Startup Investments

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 startups across India, and invites private audience to view the live pitches of their promising portfolio companies. 100X.VC is backing India's most talented entrepreneurs, helping them create successful companies at scale to build value for VCs. 100X.VC was founded by Sanjay Mehta, a veteran startup investor, and the investments are sponsored by his family office Mehta Ventures. 100X.VC platform helps founders to get in front of a pool of marquee investors who they can’t get access to otherwise. 100X.VC uses i-SAFE notes as an investment instrument. This India Simple Agreement for Future Equity will help VCs evaluate companies for the next round easily, as there is neither a benchmarked valuation nor typical SHA type rights in iSAFE. This is an invite only event for General Partners at VC firms, Corporate Venture Capital, Family Offices, Government Partners and Accredited Private Investors. &nbsp;<blockquote>Ninad Karpe, Partner at 100X.VC said "We are excited to showcase these brilliant minds, building companies having potential of non linear growth. I believe every invited investor will get more than one funding option which matches their investment thesis."&nbsp;</blockquote>At the VC Pitch Day, each team will get 5 minutes to tell their story in front of 150+ investors about who they are, what they’re building, and why they might be the best team to build it. Post launch, 100X.VC received 1,200+ startups pitches, which were reviewed by the team in order to select the shortlisted startups. 100X.VC saw startups from fintech, to QSR, to consumer brands, to healthcare commerce, to AI-driven B2B tech platforms. 100X.VC has disrupted the seed stage investment ecosystem by announcing 100 investments every year. The mission of 100X.VC is to become the feeder for VCs by helping them discover the next potential moonshots. It's an opportunity for the invited VCs to get a first look at the deals and interact with founders. &nbsp;

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 startups across India, and invites private audience to view the live pitches of their promising portfolio companies. 100X.VC is backing India's most talented entrepreneurs, helping them create successful companies at scale to build value for VCs. 100X.VC was founded by Sanjay Mehta, a veteran startup investor, and the investments are sponsored by his family office Mehta Ventures. 100X.VC platform helps founders to get in front of a pool of marquee investors who they can’t get access to otherwise.

Startups funded by 100X.VC will give their first public pitches to 150+ potential investors of India on VC Pitch Day at IIT Bombay

<figure class="image"><img src="https://1.bp.blogspot.com/-fLYXK2EbxDM/X84H9wpYnII/AAAAAAAAAI0/MbSQMNgDpEsLhDzJXszXMWBSEDp-qmuTQCLcBGAsYHQ/s320/SAWO.png"></figure> &nbsp;Our <a href="https://www.100x.vc/class02">Class 02</a>&nbsp;start-up, <a href="https://sawolabs.com/">SAWO Labs</a>, has raised a second round of funding from <a href="https://startupxseed.in/">StartupXseed</a>, a sector agnostic seed and early stage venture capital fund, to the tune of &nbsp;INR 5.5 crore at a valuation of INR 28 crore. Earlier, they raised pre-seed investment from&nbsp;<a href="https://www.100x.vc/">100X.VC</a>&nbsp;in September 2020.&nbsp;<a href="https://sawolabs.com/">SAWO</a> stands for Secure Authentication Without OTP. Most online transactions today are secured with one time passwords (OTP) to provide an additional level of security. However, many times, people complain of never receiving OTPs, which makes them repeat the whole login process again. To address this problem,&nbsp;<a href="https://sawolabs.com/">SAWO</a> introduced a customer-centric, standardized and device-based secure authentication solution for apps and websites, removing the need for password authentications and OTPs.<a href="https://sawolabs.com/">SAWO</a>’s Authentication as a Service (AaaS) operates on a pay-as-you-go basis with a pricing plan of 4 paisa per authentication for customers, they undercut competitor pricing that stands at an average of ₹1.53 per authentication. This provides clear financial benefits to customers and allows enterprises to sell at scale. Currently, these services are extended to Indian app publishers and IT/software enterprises deploying authentication for their products.&nbsp;The product has garnered its clients' attention with a near-perfect success rate of 99.7%. It provides easy access to the consumers, improves conversion rates, reduces risks, and is very cost-effective. The platform claims to cut the authentication costs down to a quarter of what businesses currently incur.Currently, <a href="https://sawolabs.com/">SAWO Labs</a> has a team of 12 people and is serving 17 enterprise clients. With the current investment, the founder of <a href="https://sawolabs.com/">SAWO</a>, Prabhat Sahu, plans to deploy these funds to onboard 350 clients, serve over 65 crore authentication requests, and by doing so, earn a revenue of ₹4.9 crore in the very first year of operations. He is also working on introducing an express checkout feature in the next 18 months. Meanwhile, they're building and increasing the use cases, getting international partnerships, and increasing e-commerce partnerships.Ninad Karpe, Partner at <a href="http://100x.vc/">100X.VC</a> who were <a href="https://sawolabs.com/">SAWO</a>’s initial investors also noted that “As the first institutional investor in <a href="https://sawolabs.com/">SAWO</a>, we are excited to see the momentum it has received in funding which will fuel its growth trajectory. SAWO has a unique solution to a problem which is faced by consumers across the world. With the funding received by <a href="https://sawolabs.com/">SAWO</a>, it can now scale rapidly in its journey to become a global leader. At <a href="http://100x.vc/">100X.VC</a>, we invested in the vision on <a href="https://sawolabs.com/">SAWO</a> and are delighted to see its progress”. The entire team at <a href="http://100x.vc/">100X.VC</a> is extremely proud of Prabhat’s success and will continue to guide and align with his vision to grow in future.

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 2020. 

SAWO stands for Secure Authentication Without OTP. Most online transactions today are secured with one time passwords (OTP) to provide an additional level of security. However, many times, people complain of never receiving OTPs, which makes them repeat the whole login process again. To address this problem, SAWO introduced a customer-centric, standardized and device-based secure authentication solution for apps and websites, removing the need for password authentications and OTPs.



SAWO Labs Raises Subsequent Round of Funding

&nbsp;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 of its VC Pitch Day, ‘Class 03’. The online showcase event is expected to receive a footfall of 1000+ investors from all over the world. Class 03 will showcase 10 seed stage startups funded by 100X.VC. The VC Pitch Day will be held online 21st of January and the repeat session on 22nd of January 2021.Launched in 2019, 100X.VC is an innovation-driven venture capital firm that invests in startups via iSAFE notes. iSAFE notes are pioneered by 100X.VC itself and have now become a popular capital-raising instrument for early-stage startups across the industry. Last year, the platform had received more than 4,500 applications from seed-level startups, out of which, 1,400 pitched and 9 startups were funded by 100x.vc in its Class 02 funding round.Speaking about the event, Ninad Karpe, Partner at 100X.VC, said, “100x is delighted to unveil a fresh set of 10 startups funded as part of Class 03. These startups were selected from a staggering 1677 applications received by us. The Founders of these 10 startups have undergone extensive mentoring by the team at 100x and have also been exposed to more than 100 hours of Masterclasses from Industry experts. These startups are from across India and have innovative business ideas covering a wide range from Vertical Ecommerce, SaaS to Deeptech. We are confident that each of these startups is capable of rapidly scaling its business and becoming a leader in its space”100X.VC acts as a "discovery platform" for VCs and Early-stage Investors with it's unique investment thesis. They have one of the largest pools of investors and follow a robust screening methodology, wherein it transfers equitable benefits to both the investors and the investees. It has so far funded and helped raised additional capital for 29 startups which are part of its Class 01 and Class 02 portfolio through the VC Pitch Days.&nbsp;"We, at 100X.VC, are extremely proud to say that after being the first in India to launch a VC Fund, which invests through iSAFE, a founder friendly convertible investment instrument, we have seen increasing traction by over 100+ investors investing in 100X portfolio companies through iSAFE and making it a huge success. We hope that this trend continues to disrupt the Indian early stage startup ecosystem with our newly invested Class 03 portfolio companies and our founders will be able to raise more funds post our VC pitch day and realize their dreams.”, said, Yagnesh Sanghrajka, Founder &amp; CFO at 100X.VC.This year, the VC firm aims to fund and support 100 Indian startups catering to diverse market segments including Health &amp; Wellness, AgriTech, AI, Robotics, Traveltech and Fintech.<h3 style="text-align:justify;">About 100X.VC:</h3>100X.VC is the first VC to invest in early stage startups using India SAFE Notes. We fund exceptional Indian founders. We move fast. We value time. We are in the people business. We work hard to inspire confidence and engage with every stakeholder. We deeply value our relationships with founders, co-investors, and corporations.100X.VC is SEBI registered Investment Adviser &amp; CAT I Alternate Investment Fund.

Bolstering the vision of an Atma Nirbhar Bharat and Digital India Mission, 100X.VC has now announced the third edition of its VC Pitch Day, ‘Class 03’. The online showcase event is expected to receive a footfall of 1000+ investors from all over the world. Class 03 will showcase 10 seed stage startups funded by 100X.VC. The VC Pitch Day will be held online 21st of January and the repeat session on 22nd of January 2021.

Launched in 2019, 100X.VC is an innovation-driven venture capital firm that invests in startups via iSAFE notes. iSAFE notes are pioneered by 100X.VC itself and have now become a popular capital-raising instrument for early-stage startups across the industry. Last year, the platform had received more than 4,500 applications from seed-level startups, out of which, 1,400 pitched and 9 startups were funded by 100x.vc in its Class 02 funding round.

100X.VC’s stellar start of 2021 with ‘Class 03 VC Pitch Day’ on 21st and 22nd January

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 handpicked from 1,677 applications, out of which, 303 applicants had passed the meticulous initial diligence process.The names were officially revealed at the VC Pitch Day on the 21st of January, 2021, which was attended by more than 500+ investors, corporate houses, angels, and family houses. Additionally, the repeat session today on 22nd should witness the same number. The innovation-led VC firm has driven the investments worth INR 25 lakh to each of the selected startups via founder-friendly iSAFE notes. iSAFE (India Simple Agreement for Equity) notes were launched in 2019 by 100x.vc and have now become a popular investment instrument for early-stage startups across the industry.Leading up to the VC Pitch Day, the portfolio companies interacted closely with the team at 100X.VC as part of their finishing school – attending 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 Product Market fitThe Class 03 Portfolio companies include Vitra.ai, Accio Robotics, Kerala Banana Chips, BurnCal, Solvio, DCode Care, Cora, SaleAssist, Vecros Technologies, and MicroDegree. They belong to multiple categories including Artificial Intelligence, Robotics, F&amp;B, EdTech, SaaS, and Healthcare alongside others.Speaking on the development, Ninad Karpe, Partner at 100X.VC said, “2021 is off to a good start. After receiving and reviewing 1677 applications for Class 03, we carefully selected only 10 startups. Each startup has a unique breakthrough idea which has the potential to scale into a globally successful business. These startups can impact India significantly by improving the standard of living and changing our outlook to work and life.&nbsp;At 100x, we were focused on mentoring, advising and exposing the founders of these startups to masterclasses to convert their product ideas into a fundable business. For our Pitch Day, we are seeing enormous investor from India and around the world from investors wanting to be part of the extraordinary opportunity offered by these startups.”Class 03 Portfolio Companies:&nbsp;<ol><li>Vitra.ai (<a href="https://vitra.ai/">https://vitra.ai</a>) - Bengaluru Vitra.ai helps content creators reach 8 Bn people in the world with just one click by translating videos and podcasts into 40+ languages through their proprietary deep learning models. Sector: Artificial Intelligence &nbsp;</li><li>Accio Robotics (<a href="https://www.acciorobotics.com/">https://www.acciorobotics.com</a>) - Chennai Accio Robotics provides hardware solutions in the form of Automated Mobile Robot platforms and Collaborative Bots for various industrial applications in the warehousing, hospitality, and healthcare sectors. Sector: Robotics &nbsp;</li><li>Kerala Banana Chips&nbsp; (<a href="http://keralabananachips.in/">http://keralabananachips.in</a>) - Cochin Kerala Banana Chips is a plant-based savoury snack company that makes “better for you” category banana chips for the millennials. Sector: Food &amp; Beverages &nbsp;</li><li>BurnCal&nbsp; (<a href="https://burncal.fit/">https://burncal.fit</a>) - Ahmedabad BurnCal is an AI-based platform built to create a direct line of engagement between you and your own fitness &amp; wellness coach, making personal fitness training accessible and affordable for everyone. Sector: Health &amp; Fitness &nbsp;</li><li>Solvio.ai (<a href="https://trysolvio.ai/">https://trysolvio.ai</a>) - Bengaluru Solvio.ai is an AI-based deep education technology company building the core components for understanding, analysing and auto-grading student answers.&nbsp; Sector: Edtech &nbsp;</li><li>DCode Care (<a href="https://dcodecare.com/">https://dcodecare.com</a>) - Bengaluru DCode Care assists patients with chronic illnesses (such as cancer) discover which doctors and hospitals are best-fit for their clinical condition based on the patient's initial clinical assessment through their proprietary expert recommendation engine. Sector: Healthcare &nbsp;</li><li>Cora (<a href="http://www.corahealth.in/">www.corahealth.in</a>) - Bengaluru Cora is a Social Commerce Marketplace for Health Foods. Founded by Ex-Flipkart folks, Cora helps customers discover products suited to their health goals from the guidance and recommendation of a trusted online community. Sector: Healthcare &nbsp;</li><li>SaleAssist (https://saleassist.ai) - Gurugram SaleAssist provides a multi-channel AI-based solution for e-commerce businesses to enhance customer engagement through the power of affordable, automated video technology. Sector: B2B SaaS &nbsp;</li><li>Vecros Technologies (https://www.vecros.com) – New Delhi Vecros is building a new standard for drone operations in industrial AI applications that centralizes surveillance, optimising and provides enhanced stack and fleet management for enterprises with their proprietary vision-based navigation and other algorithms. Sector: Drone Tech &nbsp;</li><li>MicroDegree (https://www.microdegree.work) - Mangaluru Micro Degree is a training academy that teaches coding and job-ready skills in vernacular medium to overcome the English language barrier to learn programming. Sector: Edtech &nbsp;</li></ol>With the closure of its VC Pitch Day, 100X.VC has marked the start of its Class 04 investment drive. This year, 100X.VC plans to invest INR 25 crores across 100 startups to unlock the true growth potential of the Indian seed-stage startups. All founders/startups are invited to send in their pitch decks to <a href="mailto:pitch@100x.vc">pitch@100x.vc</a>About 100X.VC:&nbsp;100X.VC is India’s first Fund to invest in early stage startups 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 startup after investing. &nbsp;

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 handpicked from 1,677 applications, out of which, 303 applicants had passed the meticulous initial diligence process.

The names were officially revealed at the VC Pitch Day on the 21st of January, 2021, which was attended by more than 500+ investors, corporate houses, angels, and family houses. Additionally, the repeat session today on 22nd should witness the same number. The innovation-led VC firm has driven the investments worth INR 25 lakh to each of the selected startups via founder-friendly iSAFE notes. iSAFE (India Simple Agreement for Equity) notes were launched in 2019 by 100x.vc and have now become a popular investment instrument for early-stage startups across the industry.

100X.VC reveals the names of 10 startups that have joined its Class 03 portfolio

India, 2nd March 2021: Venture Capital firm <a href="https://inflexor.vc/">Inflexor Ventures</a> 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 hands with 100X.VC - a sector agnostic, first cheque micro VC fund that invests via iSAFE notes in pre-seed and seed startups. Under the partnership, 100X.VC’s deeptech portfolio companies will receive mentorship and funding access from Inflexor’s network.&nbsp;The DeepTech FellowShip program by Inflexor is designed to work with DeepTech startups funded by 100X.VC. Under the initiative, Inflexor’s team will do specialized workshops, experience sharing, and one-on-one mentoring. The selected startups will also get access to Inflexor’s network and their portfolio companies for business opportunities and feedback from successful founders. 100X.VC is innovative from other micro funds. It works on a cohort model, “a class” where the selected group of startups are seed funded and mentored by 100X team and industry experts. The Inflexor team will mentor these deep tech startups within each 100X class and evaluate selected startups for funding after 100X.VC Pitch Day.&nbsp;“Inflexor is a pre–Series A to A+ stage focused fund but we would like to engage early with talented founders and help shape their vision with capital and direction to get rapid product-market fit and help them scale up with our deeptech industry insights and expertise and our global experience. Getting into a 100X.VC cohort or Class as they say is very competitive and I have been a witness to their journey from Class 01 onwards. We believe in the thesis of the 100X.VC team hence this close association with 100X.VC" said <a href="https://www.linkedin.com/in/jatin-desai-b47b183/?originalSubdomain=in">Jatin Desai</a>, Partner at <a href="https://inflexor.vc/">Inflexor Ventures</a>.“100X pioneered the concept of investment through iSAFE in India which helps in discovery of valuations at a later stage by external investors. We are delighted that our partnership with Inflexor validates our belief of nurturing the startups at the first instance and then discovering their valuations. Our deeptech startup portfolio will be immensely benefited through this partnership with Inflexor." said <a href="https://www.linkedin.com/in/ninad-karpe-a7476211/?originalSubdomain=in">Ninad Karpe</a>, Partner, 100X.VCAbout <a href="http://100x.vc/">100X.VC</a>100X.VC is India's first venture fund to invest in early-stage startups using iSAFE (India Simple Agreement For Future Equity) Notes. We are a SEBI Registered CAT I AIF, Investment Adviser and the first Institutional Investor in our portfolio companies. The goal of the fund is to invest in 100 startups every year using iSAFE Notes. The fund is sponsored by Mehta Ventures (www.mehtaventures.co), the Family Office Investment arm of Sanjay Mehta. 100X.VC has so far invested in 39 startups which have gone ahead and raise upwards of 50 crore cumulative funding from institutional funds, HNIs and Family Offices.About <a href="https://inflexor.vc/">Inflexor Ventures</a>Inflexor Ventures is a sector-agnostic VC firm with offices in Mumbai, Bangalore &amp; Hyderabad that invests in deep and emerging technology startups from Pre-Series A to Series-A+ stages. The team at Inflexor Ventures brings decades of experience in fund management and investments, serial entrepreneurship with exits to US listed companies and global technology and operational roles. Inflexor co-founders were early investor in startups like Atomberg, PlayShifu, Entropik, Bellatrix, Cloudsek, Scube, Data Resolve, Chakr, Singularity Dynamics, Verloop, 3rdFlix and SecurAx via their Parampara Fund.

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 hands with 100X.VC - a sector agnostic, first cheque micro VC fund that invests via iSAFE notes in pre-seed and seed startups. Under the partnership, 100X.VC’s deeptech portfolio companies will receive mentorship and funding access from Inflexor’s network.

Inflexor Ventures a $100 million deep tech fund launches a fellowship program; Joins hands with 100X.VC to mentor & fund their portfolio companies

<figure class="image"><img src="https://1.bp.blogspot.com/-tcfvnsjASTk/YH_DzVK_teI/AAAAAAAAAPU/OvM7HCJKmRQfq8AjrvyYs-XIFvKxtzowgCLcBGAsYHQ/w640-h178/Vitra.ai.png"></figure>India, April 20, 2021: <a href="https://inflexor.vc/">Inflexor Ventures</a>, a leading deep-tech VC, has invested an undisclosed amount in content translation platform, <a href="http://vitra.ai/">Vitra.ai</a>, as a part of its DeepTech Fellowship Program with Venture Capital firm <a href="http://100x.vc/">100X.VC</a>.Launched in December 2020, Vitra.ai is an AI-based video translation platform which helps customers translate videos to 50+ languages with just 1-click. Vitra.ai can translate content 10x faster and 80% cheaper than most existing manual translation solutions. Vitra.ai has both self-serve and managed service models where customers can translate any content (video, audio, speech-to-text, or text-to-speech) into 50 different languages with multiple voice profiles. The AI-based platform is context-aware and comes included with auto-suggestion, auto-correction, and semantic correction features.While Vitra.ai’s primary focus would be on News, social media, and Video Content Creators, they have also engaged with a broad spectrum of clients across industries such as EdTech, Media, FinTech, HealthTech etc. Vitra.ai‘s product roadmap includes development of Voice Cloning and Emotion Transfer Technology.Jatin Desai, Managing Partner, Inflexor Ventures said, “Vitra.ai’s vision of a future where content and communication are not limited by language barriers is something that resonates deeply with our values. We have strong conviction in their technology capability, as well as Satvik and Akash’s ability to deliver on this future. We also hope that our partnership with 100X.VC will bring out many more such strong players in the DeepTech ecosystem.”Ninad Karpe, Partner, 100X.VC said, “Our investment in Vitra.ai reflects the level of commitment with which both Inflexor Ventures and 100X.VC are driving the DeepTech Fellowship Program. We believe in the ‘Idea of India’ and that indigenous early-stage startups can tap wide-ranging global opportunities if they are given the right platform. Vitra.ai has a unique offering for the global markets and we are optimistic that their pioneering efforts in the AI space will scale rapidly.”The DeepTech Fellowship Program is aimed at 100X.VC’s DeepTech portfolio companies, wherein additional networking and funding access are provided by Inflexor Ventures. The Inflexor team also conducts specialized workshops, experience-sharing sessions, and one-on-one mentorship sessions. It further opens the door for strategic partnerships between the two VC funds’ portfolio companies and other industry alignments.About Inflexor VenturesInflexor Ventures is a sector-agnostic VC firm that invests in deep and emerging technology startups from Pre-Series A to Series-A+ stages. The team at Inflexor Ventures brings decades of experience in fund management and investments, serial entrepreneurship with exits to US listed companies and global technology and operational roles. Inflexor co-founders were early investor in startups like Atomberg, PlayShifu, Entropik, Bellatrix, Cloudsek, Scube, Data Resolve, Chakr, Singularity Dynamics, Verloop, 3rdFlix and SecurAx via their Parampara Fund.About 100X.VC100X.VC is India's first venture fund to invest in early-stage startups using iSAFE (India Simple Agreement For Future Equity) Notes. 100X.VC is a SEBI Registered CAT I AIF, Investment Adviser and the first Institutional Investor in our portfolio companies. The fund is sponsored by Mehta Ventures (www.mehtaventures.co), the Family Office Investment arm of Sanjay Mehta. 100X.VC has so far invested in 39 startups which have gone ahead and raise upwards of 50 crore cumulative funding from institutional funds, HNIs and Family Offices.

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 customers translate videos to 50+ languages with just 1-click. Vitra.ai can translate content 10x faster and 80% cheaper than most existing manual translation solutions. Vitra.ai has both self-serve and managed service models where customers can translate any content (video, audio, speech-to-text, or text-to-speech) into 50 different languages with multiple voice profiles. The AI-based platform is context-aware and comes included with auto-suggestion, auto-correction, and semantic correction features.



Vitra raises follow on funding from Inflexor Ventures

<figure class="image"><img src="https://1.bp.blogspot.com/-V86F5GhEyYw/YIo9l6dtONI/AAAAAAAAAPs/6HGM8uDKxFodW9yxx3ghvWPlhXYqtnkyQCLcBGAsYHQ/w400-h400/Artboard%2B1%2540400.png"></figure>&nbsp;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%) topped the charts in terms of source of funding• 67% of all surveyed founders believed that iSAFE was useful and a founder-friendly instrument• 70% of Investors said that they were seeing business growth whereas 23% expected it in the coming few months• 68% were also asking their portfolio companies to be more aggressive while 30% were prompting them to maintain the status quo.&nbsp;&nbsp;National, April 29th, 2021: Giving in-depth insights into the current early-stage startup landscape of India, <a href="http://100x.vc/">100X.VC</a> India's first venture fund to invest in early-stage startups using iSAFE Notes, has released the 2nd Edition of its ‘<a href="https://lnkd.in/dc2BDdp">India Sentiment Outlook Survey</a>’. The survey is based on a sample size of 275 founders from diverse sectors and 77 investors who primarily engaged in early-stage ventures.Sanjay Mehta, Founder and Partner, 100X.VC said, “Over the past year, we have seen the Indian startup segment giving a strong pushback to the COVID-19-induced market landscape. We believe that the optimistic outlook of both startups and investors, as also seen in the survey results, is an encouraging factor. It will give rise to more innovation and creativity to help the market and our nation at large.”Here are some of the detailed findings of the survey:Founders’ survey findings -&nbsp;i. Going Bullish: 47% of the startup founders said that they were experiencing growth at present while another 42% expected the same in the next 6 months. 10% also expected it after 6 months, whereas, 1% of the founders did not expect any growth at all. In the past couple of months, several growth opportunities have emerged across sectors, especially across tier 1 and tier 2 cities – leading to deeper digital penetration and high user adoption amongst them.&nbsp;&nbsp;&nbsp;ii. Video Conferencing with Customers to stay: 24% of startup founders believed that video conferencing with customers is here to stay permanently. The vast majority of them (55%), however, expected a shift for the coming 6 months. 21% of the respondents also said that it will be there for at least 12 months.&nbsp;&nbsp;&nbsp;iii. Investor Funding to Seed-stage Startups: Nearly two-thirds of the survey participants (65%) expected seed-stage funding by angel investors to increase in 2021. 20% of them said the opposite would be the case. 15% also claimed that there would be no change in the current pattern. When asked about micro-VC’s sentiments, a similar trend was observed. However, more people believed that there would be fewer investments against those who expected no change.&nbsp;&nbsp;iv. Fundraising Initiative: Early-stage ventures planning to raise funds in the next 6 months stood at 88%. 4% of startup founders were not raising funds in the near future. 8% expected to do so between 7 months and a year. It came as a pleasant surprise that over 40% of startups have no change in their fundraising plans. However, 23% of them delayed their fundraising initiatives while 12% decreasing their round sizes. 25% were aimed to ask for more capital than before.&nbsp;&nbsp;&nbsp;Angel investors and individual investors (34%) topped the charts in terms of source of funding. Micro-VCs stood the next at 21% followed close on heels by Venture Capital firms at 18%. Angel network syndicates (13%), private equity (4%), and family offices (3%) were also mentioned as a source of funding alongside others.&nbsp;v. iSAFE Saves Early-stage Founders: A whopping 67% of all surveyed respondents believed that iSAFE was useful and a founder-friendly instrument. 30% of them, however, were not aware of iSAFE and 3% also believed that it was not useful.&nbsp;vi. Aggressive Expansion Strategy: With the non-linear demand curve that the market is following at present, more businesses are inclined to expand into newer markets (33%), hire aggressively (29%), and increase product portfolio (21%). Other key focus areas also included increasing runway and conserving cash.&nbsp;&nbsp;vii. The Valuation Game: 28% of startup founders revealed that their valuations have increased while 41% of them expected it to increase in the near term. 19% reported no change while those who felt it has decreased or is about to decrease stood at 6% each.&nbsp;viii. Deal closure timelines: Founders were also asked about how much time it takes to close a deal and receive the capital after the term sheet. A majority (almost 69%) claimed that it takes anything between 1-4 months. 11% of the respondents said less than a month, whereas, 20% also said it took more than 4 months.&nbsp;&nbsp;Investors’ Survey findings -&nbsp;&nbsp;i. Investors’ Survey: 100X.VC also surveyed 77 investors wherein angel investors (51%), Venture Capital firms (21%), micro-VCs (9%), family offices (7%), angel network (7%), and private equity players (5%) participated. 70% of all respondents said that they were seeing business growth whereas 23% expected it in the coming few months. 68% were also asking their portfolio companies to be more aggressive while 30% were prompting them to maintain the status quo.&nbsp;&nbsp;ii. Recovery and the Rising Unicorns: V-shaped (44%) and U-shaped (42%) recovery were observed by most of the stakeholders in the venture capital industry. 11% also saw a K-shaped recovery and 3% had an L-shaped recovery. In terms of unicorns, 40% of the investors felt that there would be 75-100 unicorns in India by 2025. 35% of them believed that the figure will cross the 100-mark. 25% of them were unsure.&nbsp;&nbsp;iii. A Flurry of Startup IPOs anticipated: In 2021-22, nearly two-thirds (65%) of investors believed that there will be a spate of IPOs of Indian startups across stock exchanges. 19% of them also held the opposing view while 16% were unsure.&nbsp;These were some of the top findings of 100X.VC’s latest India Sentiment Outlook Survey. For full access to the detailed report, more detail, please log on to https://www.100x.vc/researchAbout 100X.VC100X.VC is India's first venture fund to invest in early-stage startups using iSAFE (India Simple Agreement For Future Equity) Notes. 100X.VC is a SEBI Registered CAT I AIF, Investment Adviser and the first Institutional Investor in our portfolio companies. The fund is sponsored by Mehta Ventures (www.mehtaventures.co), the Family Office Investment arm of Sanjay Mehta. 100X.VC has so far invested in 39 startups which have gone ahead and raise upwards of 50 crore cumulative funding from institutional funds, HNIs and Family Offices.

Giving in-depth insights into the current early-stage startup landscape of India, 100X.VC India's first venture fund to invest in early-stage startups using iSAFE Notes, has released the 2nd Edition of its ‘India Sentiment Outlook Survey’. The survey is based on a sample size of 275 founders from diverse sectors and 77 investors who primarily engaged in early-stage ventures.

100X.VC releases the Second Edition of India Sentiment Outlook Survey 2021

<figure class="image"><img src="https://1.bp.blogspot.com/-QS2ojZGeHr0/YJpPEaEh_VI/AAAAAAAAAP4/3ZaV-pniTz8VXfGyQEbg4aE_sSnr11LQQCLcBGAsYHQ/w200-h200/Artboard%2B1%2540400.png"></figure>Mumbai, May 11, 2021: In a bid to support the Indian startup ecosystem, <a href="http://100x.vc/">100X.VC</a> has launched their not-for-profit initiative – <a href="https://gurukul.100x.vc/">Entrepreneurship Gurukul</a>. Through the initiative 100X.VC will provide a unique education platform to aspiring entrepreneurs with no cost, no equity, and no fee. The initiative will bring together the best startup strategies from industry experts to catalyse the conversion of ideas into a startup business through masterclasses as well as their real-life experiences. &nbsp;The course outline will include:<ul><li style="text-align:justify;">Pre-recorded Video Lectures - Masterclasses by experienced and well-known Entrepreneurs and Investors - who have been there, done that!</li><li style="text-align:justify;">Regular Live Sessions for deeper engagement of the learners</li></ul>To choose the suitable founders for the initiative, 100X.VC did a deep scanning of the applications that they received. Finally, 200 founders were on-boarded for the 12 weekly sessions of Live and Video recorded content. Shortlisted founders who were accepted to the program were finalized based on - their ability to solve a challenging problem, making a real difference through the solutions, the potential to scale their solution, and the vision of the founders – purpose-driven.&nbsp;This program intends to provide exposure to the founders to succeed in their efforts to raise funds, scale their business and come to grips with the new realities in the venture world. These 200 entrepreneurs will get a chance to network with the other likeminded entrepreneurs through live video chats and share tips and exchange notes on scaling business. At the end of the program, the founders will receive a certificate of completion and an opportunity to get funded by 100X.VC.Commenting on the initiative, Ninad Karpe, Partner, 100X.VC, said, “We select the best of the Indian entrepreneur's brains and upskill their entrepreneurship skills. One of the main focus areas of the program is upgrading the skills related to developing scalable business models, pricing the product and understanding finance. Under this program, we also give an emphasis on soft skills like presenting and pitching for fundraising. This real outcome-based learning. At 100X.VC we are proud to have pioneered fostering of entrepreneurship through a structured program.”100X.VC believes that these 200 admitted founders represent the next generation of entrepreneurial leaders who are likely to make a significant impact in building businesses for the next generation.This program is an independent initiative to the regular funding done by 100X.VC. Select founders from the Entrepreneurship Gurukul will get an opportunity to be evaluated and selected by the VC firm for the future funding through 100X.VC.About 100X.VC:&nbsp;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.

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 will bring together the best startup strategies from industry experts to catalyse the conversion of ideas into a startup business through masterclasses as well as their real-life experiences.

100X.VC launches Entrepreneurship Gurukul – A not-for-profit initiative for aspiring Entrepreneurs to learn Startup Strategies

&nbsp;With the latest funding round, <a href="http://100x.vc/">100X.VC</a> 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 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.&nbsp;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.&nbsp;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.&nbsp;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.”&nbsp;Class 04 Portfolio Companies:&nbsp;1. Bhvye (<a href="https://bhyve.io/">https://bhyve.io/</a>) – MumbaiBHyve 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: &nbsp;SaaS – HR tech&nbsp;&nbsp;2. FieldProxy (<a href="https://fieldproxy.com/">https://fieldproxy.com/</a>) – ChennaiFieldProxy 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.&nbsp;Sector: SaaS – Field/Home Servicing&nbsp;&nbsp;3. Powerbot &nbsp; (<a href="https://powerbot.in/">https://powerbot.in/</a>) – PunePowerbot 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.&nbsp;Sector: Energy Servicing&nbsp;4. Inzpira &nbsp;(<a href="http://www.inzpira.in/">www.inzpira.in</a>) – TrivandrumInzpira is a curated marketplace for live English Language learning that allows students to instantly connect with a trainer and learn anytime, from anywhere.&nbsp;Sector: Edutech&nbsp;5. Kroop AI (<a href="http://www.kroop.ai/">www.kroop.ai</a>) – GandhinagarKroop AI is empowering organizations with deepfake detection services to help them authenticate audio and video samples.&nbsp;Sector: Deep Tech&nbsp;6. CRE Club (<a href="https://usecreclub.com/">https://usecreclub.com/</a>) – MumbaiCRE.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&nbsp;7. Talkie (<a href="https://www.talkie.team/">https://www.talkie.team/</a>) – New DelhiTalkie is a voice-only, real-time chat platforms for remote teams to communicate effectively.Sector: SaaS&nbsp;8. DataKund (<a href="https://datakund.com/">https://datakund.com/</a>) – ChandigarhDataKund 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&nbsp;9. Quizy Games (<a href="https://www.quizygames.com/">https://www.quizygames.com/</a>) – GurugramQuizy is a skill-based real money gaming platform that allows people to apply their knowledge to win real cash through their 24*7 contests.&nbsp;Sector: Online Gaming&nbsp;10. Moving (<a href="https://moving.so/">https://moving.so/</a>) – New DelhiMoving allows users to follow news around cryptocurrency by keeping track of the ecosystem. It provides news, insights and verifies knowledge on the currencySector: Fintech&nbsp;11. Clinify (<a href="https://www.clinify.in/">https://www.clinify.in/</a>) – BangaloreClinify 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.Sector: Edutech&nbsp;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 pitch@100x.vc.&nbsp;&nbsp;About <a href="http://100x.vc/">100X.VC</a>:&nbsp;&nbsp;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.

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. 



100X.VC announces its Class 04 Portfolio; 11 seed-stage startups make the cut

Mumbai, May 18th 2021: <a href="https://letsventure.com/">LetsVenture</a>, India’s leading Early Stage Startup Investment platform, announced a partnership with <a href="http://100x.vc/">100X.VC</a> today to enhance investor reach for 100X.VC portfolio companies.&nbsp;100X.VC recently announced its latest cohort of investments of 11 startups through Class 04 VC Pitch Day, the funds latest investments. These startups will showcase their vision on the LV platform whereby investors onboarded with LV platform shall get an opportunity to participate in these exciting fast-growing stories funded by 100X.VC.Commenting on the partnership, <a href="https://www.linkedin.com/in/shantimohan92/">Shanti Mohan</a>, Founder, LetsVenture, said, “For 7,500+ investors, many of who regularly invest through the LetsVenture platform (angels, ultra-high net-worth individuals and family offices), this partnership provides an early opportunity to participate in companies funded by 100X.VC and support the founders in their venture building journey, with time and capital. LV will invest through its SEBI registered angel fund. We see this partnership growing as 100X.VC continues to build their cohorts.”The partnership will support in creating a pipeline of investment opportunities for LetsVenture members, giving curated and credible deal portfolio companies from 100X.VC.“We are excited to announce this partnership. Working with India’s leading angel platform like LetsVenture helps our founders enhance their reach to the investor community and get an opportunity to work with some of the greatest minds in the entrepreneurial and the startup ecosystem” said, <a href="https://www.linkedin.com/in/ninad-karpe-a7476211/">Ninad Karpe</a>, Partner, 100X.VC.About LetsVenture: LetsVenture is India’s leading and most trusted platform for Startups for Early Stage funding. We connect startups with Global angels, VCs and Startup programs. Over the past 7 years, LetsVenture has built a portfolio of over 300 with more than USD 150M fundraised for startups like Trell, Innov8, DailyNinja, YourDost, Bobble App, MyUpchar, TestBook, Ayurveda Experience, Ketto, Adpushup, Little Black Book, Drivezy, Porter, Wishberry etc.About 100X.VC: 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 <a href="https://www.linkedin.com/in/mehta-sanjay/">Sanjay Mehta,</a> to nurture innovative ideas that add value and bring solutions to a problem. 100X.VC completed 50 investments with its recent announcement of 11 companies in Class 04.

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 investments. These startups will showcase their vision on the LV platform whereby investors onboarded with LV platform shall get an opportunity to participate in these exciting fast-growing stories funded by 100X.VC.

LetsVenture attracts and lists 9 out of 11 100X.VC Class 04 startups on their platform for investments

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: <a href="https://www.acciorobotics.com/">Accio Robotics</a>, a robotics automation company focused on designing and manufacturing autonomous mobile robots, has raised a fresh round of funding from marquee angel investors. The 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, and Mr. Pankaj Bhargava and other investors from angel investors from CIO Angel Network.Accio Robotics, founded by Tuhin Sharma and Pranav Srinivasan, alumni of Vellore Institute of technology (VIT) launched in 2020 and is a <a href="http://100x.vc/">100X.VC</a> Class 03 Portfolio company. Accio is building autonomous mobile robots that is capable of carrying out material handling of goods from one point to another without human intervention.&nbsp;Tuhin Sharma, Co-Founder of Accio Robotics said, “This fresh round raised by Accio Robotics is a great step in the right direction for our company. The trust and the faith shown by our investors in us only gives us more confidence to build a successful deep tech company in the Indian ecosystem. This investment will not only help us strengthen our product development efforts, but will also provide a platform for Accio to be able to penetrate a wider market with much more wide spread impact.”&nbsp;Material handling, is an extremely wasteful and non-value added process in any industry and Accio Robotics aims to make this process as efficient as possible, by spending the least amount of capital using their robots. Their products are best suited to industries such as warehousing, manufacturing, pharma, packaging, FMCG and e-commerce and are designed to operate and function in a conventional India shop floor.Commenting on the announcement, Mr. Uday Sodh, Co-Founder, Founder's Room Capital said, “Accio Robotics is an exciting startup in the Autonomous Mobile Robot space. We at Founders Room Capital believe in backing smart and passionate founders in high tech areas with huge market potential. AMRs is a need for every manufacturing and logistics company that is looking to reduce costs and improve efficiency through automation. We were really impressed by Tuhin and Pranav and the product that they are building.&nbsp;Mr. Ninad Karpe, Partner at 100X.VC said, “We are delighted to be the first institutional investor in Accio Robotics, which will simplify and disrupt the way in which material handling will happen across a range of industries from warehousing and hospitals to office parks. At 100X, we fund and nurture path-breaking startups and Accio Robotics, with its unique technology, is well placed to become a pioneer and leader in the Autonomous Mobile Robot space”About 100X.VC:&nbsp;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.About Accio Robotics:&nbsp;Accio Robotics is an on-demand automation company that provides automation for material movement processes across industries. Accio aims to enable industry wide automation adoption by manufacturing and deploying state of the art hardware and software automation solutions. Autonomous robots built by Accio help in cutting the lead times and also helps in aiding humans as well as at the same time reducing human error when deployed in incidental tasks.

Accio Robotics, a robotics automation company focused on designing and manufacturing autonomous mobile robots, has raised a fresh round of funding from marquee angel investors. The 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, and Mr. Pankaj Bhargava and other investors from angel investors from CIO Angel Network.

Accio Robotics, founded by Tuhin Sharma and Pranav Srinivasan, alumni of Vellore Institute of technology (VIT) launched in 2020 and is a 100X.VC Class 03 Portfolio company. Accio is building autonomous mobile robots that is capable of carrying out material handling of goods from one point to another without human intervention.

100X.VC’s portfolio company, Accio Robotics receives a fresh round of funding led by Founder’s Room Capital and CIO Angel Network

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: <a href="https://www.corahealth.in/">CORA Health</a>, a Bengaluru-based health and wellness Marketplace startup, has raised an undisclosed amount of funding. The funding round was led marquee angels in their personal capacity by Apurva Parekh (‎Executive Director, Pidilite Industries Limited), KRS Jamwal (Executive Director, Tata Industries), both in their personal capacity along with Dhanpal Jhaveri (Vice Chairman, Everstone Group), Amit Chaudhary (Lenskart Founder), Kushagra Pant (Nomura MD), Neha Saraf (Visa Director), Anusuya Roy (Flipkart Director), Ajay Mian (Founder &amp; CEO, All e Technologies), and Headstart Investor Circle.CORA Health, founded by former Flipkart colleagues Snigdha Kumar and Shrijit Venkatesh, was launched in May 2020 and is a <a href="http://100x.vc/">100X.VC</a> Portfolio company. Bengaluru-based health and wellness startup offers an e-commerce platform that helps users get access to healthy food alternatives based on their medical condition.Talking about the development, Snigdha Kumar, Co-Founder of CORA Health, said, “We are very excited to have the biggest industry names back us on our vision and this has fuelled us to be even more relentless in our obsession of improving everyday health and wellness. We see ourselves as being synonymous with health and to be able to transform the pantry of 20mn households with healthier options by 2023. We will be using the funds to invest in technology, team hiring and expansion of network of experts and categories on the platform.”Much before the outbreak of the COVID-19, health consciousness was rising but the virus has been an awakening among people to make the right health choices. Hence, CORA is helping people find the right guidance with their trusted community of health experts and providing a platform offering nutritional products based on health conditions or health goals. The startup is solving the major problem of finding the right food choices.&nbsp;&nbsp;Commenting on the announcement, Amit Chaudhary, Lenskart said: “Shrijit &amp; Snigdha approached me with their vision to transform the lives of millions struggling with health issues and unable to get the attention they need. Their take on a verticalised solve for the health &amp; nutrition space is something I deeply believe in, having seen the power of vertical play upclose myself. I believe this to be the next big thing in consumer tech, and with their background and obsession for their customers, they are poised to take this space and win.”Mr. Ninad Karpe, Partner at 100X.VC, added, “Health is a priority for everyone, and we are delighted to be the first institutional investor in Cora. With its unique offering and positioning, we firmly believe that CORA will be a game-changer in the burgeoning health and wellness space.”&nbsp;The company was launched with an initial investment of Rs 20 Lakh. Backed by 100X.VC, CORA Health raised their first cheque from 100X.VC as part of the fund’s Class 03 portfolio. Working with more than 10 courier partners to serve over 27,000 pin codes across India, the company is clocking 200 percent month-on-month growth and is targeting revenue Rs 100 crore ARR by the end of 2022.

 CORA Health, a Bengaluru-based health and wellness Marketplace startup, has raised an undisclosed amount of funding. The funding round was led marquee angels in their personal capacity by Apurva Parekh (‎Executive Director, Pidilite Industries Limited), KRS Jamwal (Executive Director, Tata Industries), both in their personal capacity along with Dhanpal Jhaveri (Vice Chairman, Everstone Group), Amit Chaudhary (Lenskart Founder), Kushagra Pant (Nomura MD), Neha Saraf (Visa Director), Anusuya Roy (Flipkart Director), Ajay Mian (Founder & CEO, All e Technologies), and Headstart Investor Circle.

Cora Health and Wellness Marketplace, a 100X.VC portfolio raises capital from marquee angel investors

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 &amp; CEO at Organic Riot in an Individual capacity and RIIDL (Research Innovation Incubation Design Labs).MicroDegree was founded by Gaurav Kamath, Rakesh Kothari and Manikanta Nair in 2019. The startup aims to democratize technology by offering learning in local languages with focus on relevant technologies. The company aims to make emerging tech affordable for students and freshers across regions irrespective of their educational backgrounds and language.Talking about the development, Manikanta Nair, Co-founder of MicroDegree, said, “It is exciting to have big industry names back our vision. It encourages us to achieve our goals in the journey to empower local engineering talent from non-metro cities with foundational clarity of tech in vernacular language. Our mission is to connect them with the right opportunities at an affordable price. We believe a language shouldn’t be a hindrance for anyone to fulfill their dreams. We will use the investment to further advance our technology to come up with more efficient solutions and expand our network.”In India, there are students from different corners of the country pursuing engineering but their inability to be fluent in English has been a barrier stopping them from learning to program or code. MicroDegree has the vision to teach coding in a local language and instill job-ready skills in students and freshers with their online programs.Commenting on the investment, Mr. Siddharth H Somaiya, said, “What is better than learning a skill like coding in your own language? I think Micro-degree will revolutionize up-skilling and making technology accessible to people who otherwise would not get access to that pedagogy due to a language barrier. I think this is a game changer for Ed-tech in India and this solves a very Indian problem of language diversity and access to IT Skills.”Mr. Ninad Karpe, Partner at 100X.VC, added, “It is a matter of pride that we are the first institutional investor in MicroDegree. We have complete faith that MicroDegree will play a pivotal role in providing people from non-metro cities with equal opportunities in technology.”Earlier this year, the Edtech startup had received its first cheque from 100X.VC as part of the fund’s Class 03 portfolio. The MicroDegree team had begun with teaching emerging technology through a boot-camp program and they effectively managed to scale up the idea to an online platform, increasing its reach and network. The platform had managed to get more than 2100 users in the first 75 days of its launch and is planning to enter new language markets beyond Kannada.&nbsp;&nbsp;MicroDegree is an online education platform, working towards democratising IT &amp; Job-ready skills for the Bharat market through vernacular courses.About 100X.VC: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.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.

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 Labs).

MicroDegree was founded by Gaurav Kamath, Rakesh Kothari and Manikanta Nair in 2019. The startup aims to democratize technology by offering learning in local languages with focus on relevant technologies. The company aims to make emerging tech affordable for students and freshers across regions irrespective of their educational backgrounds and language

Edtech platform MicroDegree, a 100X.VC portfolio raises undisclosed amount of funding from RIIDL and other marquee investors

<ul><li style="text-align:justify;">The funding round was led by marquee angels Ashneer Grover, Jaimin Bhatt, Siddharth Somaiya, and Gaurang Shetty</li><li style="text-align:justify;">Micro venture capital that invested includes Prophetic Ventures. Dholakiya Ventures, RIIDL and Scale VC</li></ul>&nbsp;Mumbai, July 19, 2021: <a href="https://www.pocketly.in/">Pocketly</a>, 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). Other investors were micro VCs such as Prophetic Ventures, Dholakiya Ventures, RIIDL and Scale VC.The Bangalore-based moneylending platform was founded by Aarav Bhatia and Navdeesh Ahuja in 2019 with the vision to empower students and young adults by providing them with alternative credit and financial products. Pocketly aims to provide every college student with credit and multiple easy-to-use financial products.&nbsp; &nbsp;Talking about the funding, Aarav Bhatia, co-founder of Pocketly, said, “We are pleased to have some of the best angels and VCs in the industry backing our vision. This funding will fuel our mission of providing credit to the deserving young market of India, which cannot access credit through existing traditional financial institutes. We are encouraged to relentlessly pursue our aim to enable the country’s youth with the benefits of easy credit. It is going to help so many students in fulfilling their dream by paying for the tuition fee or extracurricular activities.”Both the credit facility for students and microlending are unique and least-explored ideas in India. Most financial institutions demand a reasonable credit score for approving any amount of loan and that also ranges higher than what a student may need. However, it is not the same with Pocketly, rather it helps students build a strong credit profile before they step out in the real world.Commenting on the announcement, Ashneer Grover, said, “Indian financial services market remains under-penetrated and there is huge space for products like Pocketly to cater to this large market. The microlending platform has built a unique product to serve the underserved market of young adults.”&nbsp;Adding further, Siddharth Somaiya, said, “Pocketly is a brilliant company as it brings young Indians into the credit system via microloans. They use their proprietary algo to keep their NPAs below 2.5%. This is extremely disruptive as it helps with the predictability of who will be creditworthy. This data could be extremely beneficial in the future when these customers will need bigger loans for two-wheelers, etc. As they amass customers, Pocketly’s data on young Indians’ credit will be a game-changer for the fintech industry in the country.”&nbsp;Mr. Ninad Karpe, Partner at 100X.VC, added, “It is common how young adults struggle to pay for their basic requirements due to financial constraints. Pocketly is offering a platform that is going to empower the youth by making them financially independent and responsible. Students can further leverage the added benefits offered by the microlending platform.”The microlending platform had raised a cheque from 100X.VC as part of the fund’s class 01 portfolio earlier in 2019.

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). Other investors were micro VCs such as Prophetic Ventures, Dholakiya Ventures, RIIDL and Scale VC.

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

Saturday, September 25, 2021: Since <a href="http://100x.vc/">100X.VC</a> Class 01 in Dec of 2019, the fund has worked with and now invested into 60 startups, building out a reputation as the micro VC of choice in India for entrepreneurs seeking seed funding.<figure class="image"><img src="https://lh3.googleusercontent.com/MZRY01ca_PJlExedPPFsQW5bZiL8lwXSLpxgquyVlzS47EgdOi6XinGqZDxXpmBshQWNpKA2YIqliLDgOBW3SbkJVLmjuDv8WAM-MIiyduFmwNfIODD9vzHi7VDflw=s0"></figure>100X.VC is all about capital + education. It operates on a cohort based investment model. Getting into the 100X cohort is very competitive. One can view 100X.VC as the ivy school where most talented entrepreneurs want to apply for getting their winning edge. Indian startups today are looking for smart money. The venture capital firm made investments after a rigorous process of evaluating 4785 pitches. Of this, 458 were shortlisted and after due diligence 10 were funded in Class 05. With 10 new investments in Class 05, 100X.VC has crossed 60 investments.The names of the startups were announced at VC Pitch Day on the 24th and 25th of September 2021. The event was attended by more than 1000+ investors, including VCs, corporate houses, angels, and family houses from across the globe. 100X funding is the social proof that the startup idea is fundable. So far, 100X portfolio companies have created 470+ jobs in the industry.Speaking on the development, Ninad Karpe, Partner at 100X.VC said, “We have now invested in 60 startups in the country with iSAFE notes. We get to review so many different applications, each idea is unique, and everyone has potential. It is always a hard choice to narrow it down to a limited few. We have now investors, VCs eagerly waiting to hear about our carefully curated list of startups. Our focus remains to mentor, advice, and guide the founders with our masterclass and enable them to convert their ideas into bigger businesses.”The Class 05 Portfolio companies include:⭐️ QwikSkills is a practice platform that helps professionals clear cloud &amp; other tech certification exams in their first attempt. (<a href="http://www.qwikskills.com/">www.qwikskills.com</a>)Sector: #Edtech⭐️Nooble is a next-gen social audio app to share your thoughts in 3 min audio-shorts. (<a href="http://www.noobleapp.com/">www.noobleapp.com</a>)Sector: #Consumer #Social⭐️ SpoofSense is a Deep learning SaaS that enables businesses to detect face spoofing attacks. (<a href="http://www.spoofsense.com/">www.spoofsense.com</a>)Sector: #DeepTech, #B2B #API SaaS⭐️&nbsp; Bebe Burp is a Tasty,&nbsp; healthy and Organic baby food brand (<a href="http://www.bebeburp.com/">www.bebeburp.com</a>)Sector: Consumer #Brand⭐️&nbsp; Paperplane is a Digital clinic on WhatsApp. (<a href="http://www.paperplanetech.co/">www.paperplanetech.co</a>)Sector: Consumer #SaaS &amp; #Healthtech⭐️&nbsp; ZuPay is India's premier investing platform for teenagers with parental oversight. (<a href="http://www.zupay.in/">www.zupay.in/</a>)Sector: #Fintech⭐️ Strive is India’s first school for live and interactive cohort based courses in passion and creative domains. (<a href="http://www.strive.social/">www.strive.social</a>)Sector: EdTech⭐️&nbsp; HumblX is a digital housekeeping assistant, helping companies manage their day-to-day operations more efficiently, at a lower cost. (<a href="http://www.humblx.com/">www.humblx.com</a>)Sector: #Enterprise SaaS⭐️&nbsp; WayFr is a SaaS platform for 5 million+ freight businesses in the USA. (<a href="http://www.wayfr.io/">www.wayfr.io</a>)Sector: B2B #SaaS &amp; #Logistics⭐️&nbsp; &nbsp;FilterPixel is an AI-Powered SaaS for photographers to select the best photos. (<a href="http://www.filterpixel.com/">www.filterpixel.com</a>)Sector: Consumer #AIThe 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.Before the VC Pitch Day, the portfolio companies had a chance to go through rigorous mentoring by the team at 100X.VC. They had attended 100+ hours of Masterclass sessions from industry experts, mentors, veterans, successful founders and venture capitalists.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, to nurture innovative ideas that add value and bring solutions to a problem. We fund exceptional Indian founders. We move fast. We value time. We are in the people business. We work hard to inspire confidence and engage with every stakeholder. We deeply value our relationship with founders, investor partners, and corporations. 100X.VC is SEBI registered Investment Adviser &amp; CAT I Alternate Investment Fund.&nbsp; &nbsp;

The names of the startups were announced at VC Pitch Day on the 24th and 25th of September 2021. The event was attended by more than 1000+ investors, including VCs, corporate houses, angels, and family houses from across the globe. 100X funding is the social proof that the startup idea is fundable. So far, 100X portfolio companies have created 470+ jobs in the industry.

Meet the 10 high growth Startups Selected out of 4785 pitches for 100X.VC Class 05

India, December 04, 2021: 100X.VC, India’s first VC to use India SAFE Notes, has invested in 70 startups ever since 100X.VC Class 01 in December 2019. The fund is emerging as the preferred VC in India for entrepreneurs seeking seed funding.&nbsp;&nbsp; &nbsp;&nbsp;<figure class="image"><img src="https://lh3.googleusercontent.com/9VGqxzvyaULkDf1FsUfneziy4a5r7fPVEVo9WwQqGgtNG7UvFNYdiKKyuLOTItr-td0wMAWqsyNrMmx7jIu2O1UoDka5KaE1WylVzFfraJkIF83f5R3PZXSDZLJMrg"></figure>&nbsp;100X.VC operates on a cohort-based investment model and getting into the 100X cohort is a real challenge. 100X.VC is the equivalent of the ivy school for talented entrepreneurs. India has the third-largest startup ecosystem in the world, where 2-3 startups are born every day. For Class 06, 100X.VC had received 2285 pitches, shortlisted 356 and after a rigorous process, 10 startups received funding in Class 06.&nbsp; &nbsp; &nbsp;The VC firm announced the names of the startups at VC Pitch Day on 3rd December. More than 1000+ investors, including VCs, corporate houses, angels, family houses from across the globe were in attendance.&nbsp;&nbsp;Speaking on the development, Ninad Karpe, Partner at 100X.VC said, “With our investment in 10 startups as part of Class 06, we are thrilled to have invested in 70 startups since inception. We had received pitches from startups with several unique ideas. It was hard to review so many good applications and shortlist a few because everyone had potential. Our investors are eagerly waiting to hear from us about the curated list of startups. We are focused on mentoring, advising, and guiding the founders. Our masterclass enables them to turn their ideas into successful businesses.”<figure class="image"><img src="https://lh4.googleusercontent.com/noGSAm7mcsfWb_Lz8lGGsuNpJ6nrNNSt3YAFbw7rKlmv9tc0zju1W0YrdeTOx9ELnnFC79eMYczhhYjtHsXFOz2-roXlNG9ReoFgIhaZOQieeBpYiIesvkhIiB2WDA"></figure>&nbsp;The Class 06 Portfolio companies include:<ol><li style="text-align:justify;"><a href="https://www.healthybarks.in/">Healthy Barks</a> is a fresh food and wellness brand for pets | Sector - Pet Care</li><li style="text-align:justify;"><a href="https://www.pensionbox.in/">PensionBox</a> is India’s first pension app for the private employed workforce. | Sector - FinTech</li><li style="text-align:justify;"><a href="https://www.superscholar.in/">Super Scholar</a> is the go-to place for Gen-Z students to win EdTech scholarships | Sector - EdTech</li><li style="text-align:justify;"><a href="https://broomees.com/">Broomees</a> is an online platform to safely hire verified and trained domestic help | Services tech</li><li style="text-align:justify;"><a href="http://wizzy.ai/">Wizzy.ai</a> is intelligent site search for eCommerce Stores | Sector - eCommerce SaaS</li><li style="text-align:justify;"><a href="https://www.redbasil.in/">Redbasil </a>is a B2B marketplace for food supplies | Sector - FoodTech</li><li style="text-align:justify;"><a href="https://www.utsavapp.in/onboarding">Utsav</a> is Social Community platform for Faith &amp; Divinity | Sector - ReligionTech</li><li style="text-align:justify;"><a href="https://honc.io/">Honc</a> is India’s reliable car wash partner | Sector - Services Tech</li><li style="text-align:justify;"><a href="https://www.simpliclarify.com/">SimpliClariFy</a> enables students to get mentored by their career twins. | Sector - EdTech</li><li style="text-align:justify;"><a href="https://app.instasell.in/">Instasell </a>is the Shopify for Instagram businesses | Sector - eCommerce SMB SaaS</li></ol>All the startups had participated in Masterclass sessions with industry experts, mentors, veterans, successful founders, and venture capitalists after being funded by 100X.VC and before the VC Pitch Day.&nbsp;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, to nurture innovative ideas that add value and bring solutions to a problem. We fund exceptional Indian founders. We move fast. We value time. We are in the people business. We work hard to inspire confidence and engage with every stakeholder. We deeply value our relationship with founders, investor partners, and corporations. 100X.VC is SEBI registered Investment Adviser &amp; CAT I Alternate Investment Fund.

For Class 06, 100X.VC had received 2285 pitches, shortlisted 356 and after a rigorous process, 10 startups received funding in Class 06.     
The VC firm announced the names of the startups at VC Pitch Day on 3rd December. More than 1000+ investors, including VCs, corporate houses, angels, family houses from across the globe were in attendance.  


100X.VC announces Class 06 and takes the total investment tally to 70 startups

⠂The funding round was led by Alpha Wave Incubation (AWI). The round also saw participation from existing investors Sequoia Capital India and Chiratae Ventures. Other investors in the round include MBX Capital, Wami Capital, and angel investors Peyush Bansal and Amit Chaudhary, Co-founders, Lenskart, Aakrit Vaish, Co-founder and CEO, Haptik, Revant Bhate, Co-founder, Mosaic Wellness, Miten Sampat, CRED, and Sambhav Rakhyan, MD, WTW.&nbsp;Mumbai, Jan 23, 2022:<a href="https://smiles.ai/in" target="_blank" rel="noopener noreferrer"> Smiles.ai</a>, a Bangalore-based startup has raised $23 million in Series A funding led by Alpha Wave Incubation (AWI). The round also saw participation from existing investors Sequoia Capital India and Chiratae Ventures. Other investors in the round include MBX Capital, Wami Capital, and angel investors Peyush Bansal and Amit Chaudhary, Co-founders, ﻿Lenskart﻿; Aakrit Vaish, Co-founder and CEO, ﻿Haptik﻿; Revant Bhate, Co-founder, ﻿Mosaic Wellness﻿; Miten Sampat of ﻿CRED﻿; and Sambhav Rakhyan, MD, WTW.The Bangalore-based startup was founded in 2019 by Hitesh Kakrani and Jatin Kakrani and is a 100X.VC Portfolio company. Smiles.ai is a rapidly growing dental health-tech chain with an impeccable digital presence.Talking about the funding Hitesh Kakrani, Co-founder of smiles.ai said, “India’s dental care market has remained highly fragmented and without any significant technological disruption for decades. However, now with increasing awareness, increasing disposable income, and rising millennial aspirations, the industry is going through a transition and we are leading this change in India by combining dental care, operations, and technology expertise, ”Ninad Karpe, Partner, 100X.VC said “As the first investor in Smiles.ai, 100X is delighted to back the founders and the startup to become a global leader of a dental health-tech chain”The dental health tech chain had raised a cheque from 100X.VC as part of the fund’s Class 01 portfolio earlier in 2019.

The funding round was led by Alpha Wave Incubation (AWI). The round also saw participation from existing investors Sequoia Capital India and Chiratae Ventures. 

Smiles.ai, a 100X.VC portfolio raises its Series A

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⠂The funding round was led by Magic Fund, 2am VC, Astir VC, JITO Angel Network.Mumbai, Jan 24, 2022: Super Scholar, Mumbai based startup, announced it has raised USD 400K in the recent funding round. Renowned investors such as MAGIC Fund, 2am VC, Astir VC, JITO Angel Network, and many others entrusted Super Scholar to continue building an ecosystem where monetary barriers don’t stop students from engaging in productive online courses. The platform will utilize recent funding to strengthen its courses and scholarship offerings to ensure more students can leverage these facilities or grants.Super Scholar was founded in 2021 by Rohan Lodha and Priyes Bamne and is 100X.VC Portfolio company. Super Scholar is an online platform providing scholarships for students. The platform enables users to build profiles and apply for scholarships. The platform also offers super coins that enable boosting the application of students.Talking about the funding Rohan Lodha, CEO of Super Scholar said, “We are delighted to have raised first cheque from 100X.VC and close $400k follow-on funding. We started Super Scholar with a massive vision to make online courses accessible to every student in India and across the world and it’s time to execute now.”Commenting on the announcement Hershel Mehta, Co-Founder and Partner at 2am VC said, “Super scholar is aiming to solve a real pain point for Indian Gen Z learners. What got us excited was Super Scholar’s aim to help learners with their own self-learning discovery. We felt their mission aligns well with India’s Gen Z desire to shift away from a forced reactive type of learning to a personal and desired based proactive type of learning,”Ninad Karpe, Partner, 100X.VC, added, “We are delighted to be the first institutional investor in Super Scholar, which has pioneered the concept of edtech scholarships for GenZ students. Given that many brilliant students are looking for some way to support their studies without facing financial burdens, we strongly believe that Super Scholar can grow tremendously and become a leader in this space.”The ed-tech platform had raised a cheque from 100X.VC as part of the funds’s class 06 portfolio earlier in 2021.

The funding round was led by Magic Fund, 2am VC, Astir VC, JITO Angel Network.

100X.VC Class 06 Portfolio Super Scholar raises $400K from Magic Fund, 2am VC & VC

⠂The funding round was led by Varanium Capital and Yatra Angel Network. The round also participation from DMI Finance’s Sparkle Fund, White Ventures, Seeders LLP, a few angels, IIFL Fintech Fund, and Indian Angel Network.Mumbai, 16 Feb, 2022: DataSutram has announced $2.07 million in a funding round led by Varanium capital and Yatra Angel Network. The round also participation from DMI Finance’s Sparkle Fund, White Ventures, Seeders LLP, a few angels, IIFL Fintech Fund, and Indian Angel Network.&nbsp;The Mumbai-based startup was founded in 2018 was founded by Rajit Bhattacharya, Aisik Paul, and Ankit Das and is a 100X.VC Portfolio company. DataSutram converts raw unstructured data from satellites, mobile phones, POS machines, and several other sources to create insights that capture how people live and behave, available for any location up to 100-meter granularity.&nbsp;Ninad Karpe, Partner, 100X.VC said “100 X is delighted to be the first investor in Datasutram and back the Founders’ vision to build a global company which will provide intelligent locational data”The AI-based platform had raised a cheque from 100X.VC as part of the fund’s Class 01 portfolio earlier in 2019.

The funding round was led by Varanium Capital and Yatra Angel Network. The round also participation from DMI Finance’s Sparkle Fund, White Ventures, Seeders LLP, a few angels, IIFL Fintech Fund, and Indian Angel Network.

100X.VC Portofolio Company , DataSutram raises $2.07 million

⠂The funding round was led by Dholakia Ventures, it also had participation from notable Angels like Kunal Shah, Apurva Parekh (Pidilite), Siddharth Somaiya (Organic Riot), and Aaryaman Vir Shah.Mumbai, March 03, 2022: Pocketly, Bengaluru-based fintech lending platform has raised $3 million in debt and equity as part of its Pre-Series A round. The round was led by Dholakia Ventures, it also had participation from notable Angels like Kunal Shah, Apurva Parekh (Pidilite), Siddharth Somaiya (Organic Riot), and Aaryaman Vir Shah.The Bengaluru-based startup was founded in 2019 by Aarav Bhatia and Navdeesh Ahuja and is a 100X.VC Portfolio company. Pocketly is an app-based platform for micro-loans.It offers short-term loans to college students. The users qualify for an increased credit limit by paying loans on time. The user can register using the mobile number and loans can be requested after completion of the KYC process. It offers loans with flexible repayment options.Talking about the funding Navdeesh Ahuja, Founder of Pocketly said, “Pocketly in its current form provides credit to students and young professionals in India through our credit line product, but going forward we are exploring multiple options to meet the various demands of our users in the form of card or BNPL. We are sure that this fundraise will give us fuel to continue on our growth trajectory and help us build better products and give superior experience to our users.”Commenting on the announcement Dravya Dholakia, CEO of Dholakia Ventures said, “We are keen on businesses that are built on sound unit economics and yet scalable, and Pocketly has proven to do so. With the sustained focus and momentum, we see the platform becoming a mainstream fintech lending solution in India,”Ninad Karpe, Partner, 100X.VC said “At 100X, we are delighted to back the founders at Pocketly as the first institutional investor. Students and young professionals can now avail of short term loans from Pocketly and we believe that there is a huge untapped market.”The microlending platform had raised a cheque from 100X.VC as part of the fund’s Class 01 portfolio earlier in 2019.

The funding round was led by Dholakia Ventures, it also had participation from notable Angels like Kunal Shah, Apurva Parekh (Pidilite), Siddharth Somaiya (Organic Riot), and Aaryaman Vir Shah.

100X.VC Portfolio Company, Pocketly raises $3M in Pre-Series A round

⠂The funding round was led by Lead Angles and Lets Venture. Other prominent ventures include Mapro Foods Private Limited, Ivy Growth Associates, Shreeji Brothers, Dholakia Ventures, Jaydeep Deshpande, Navika Ventures LLP, Mandar Pramod Dixit, Dr Vikas Gupta, Preetam Goswami, Raghupati Rao, and Sumit Malhotra.Mumbai, March 03, 2022: Bebe Burp, a Surat-based startup, announced that it had raised a $280,000 seed round. The round was led by Lead Angles and Lets Venture. Other prominent investors include Mapro Foods Private Limited, Ivy Growth Associates, Shreeji Brothers, Dholakia Ventures, Jaydeep Deshpande, Navika Ventures LLP, Mandar Pramod Dixit, Dr Vikas Gupta, Preetam Goswami, Raghupati Rao, and Sumit Malhotra.The Surat-based startup was founded in 2018 by Shruti Tibrewal, Bharat Tibrewal, and Chirag Gupta and is a 100X.VC Portfolio company. Bebe Burp aims to offer 100% all-natural products with organic ingredients making your babies' health and wellness at utmost priority.&nbsp;Talking about the funding Shruti Tibrewal, Co-Founder Of Bebe Burp said, “It has always been our goal to provide healthy alternatives of baby food to mothers. We are excited about the recent round of investments that has demonstrated the investment community's confidence in Bebe Burp.”Bebe Burp is part of India’s D2C wave, and just like many of its peers, the small size of the business makes the overall management of all its processes a cost-sensitive affair. In essence, the ecosystem, with all its small and medium enterprises, requires support to grow and scale at a fast clip.Commenting on the announcement Dhravya Dholakia, Founder Of Dholakia Ventures said, “BebeBurp provides a range of healthy baby food products that are healthy and preservative-free. They have given a fresh concept to traditional recipes prepared by grandmas that were highly nutritive.”Ninad Karpe, Partner, 100X.VC said “Bebe Burp is fulfilling a huge need in the baby food market, by providing a healthy alternative which is not presently available. At 100X, we believe that there is a massive opportunity in this space and we were delighted to be the first investor in Bebe Burp”The e-commerce platform had raised a cheque from 100X.VC as part of the fund’s Class 05 portfolio earlier in the year&nbsp;

The funding round was led by Lead Angles and Lets Venture. Other prominent ventures include Mapro Foods Private Limited, Ivy Growth Associates, Shreeji Brothers, Dholakia Ventures, Jaydeep Deshpande, Navika Ventures LLP, Mandar Pramod Dixit, Dr Vikas Gupta, Preetam Goswami, Raghupati Rao, and Sumit Malhotra.

100X.VC Portfolio Bebe Burp, raises a $280,000 seed round

<figure class="image"><img src="https://100x-strapi-bucket.s3.ap-south-1.amazonaws.com/100x_picture_01dd778d08.jpg"><figcaption>From Left: Shashank Randev, Shobana Prakash, Yagnesh Sanghrajka, Lipi Panchmia, Sanjay Mehta, Vatsal Kanakiya and Ninad Karpe</figcaption></figure>Mumbai, April 2nd, 2022: 100X.VC announces its plan to invest Rs 125 crores (over US $16.5M) in 100 early stage startups in the next 12 months. It will be the fastest deployment of first cheque capital by any VC in India for early stage startups. 100X plans to invest Rs 1.25 crore (US $165k) for 15% future equity ownership in each startup using iSAFE Notes.&nbsp;On this announcement, Ninad Karpe, Partner, 100X.VC mentioned “We are delighted to take the next big leap in our commitment to become the finishing school for early stage founders and fund 100 moonshot ideas within the next 12 months. Beyond capital, 100X provides invaluable mentoring and advice to build exponential business models. There has never been a better time to invest in Indian startups and 100X will continue in its endeavour to provide credible deal flow for investors.”Through its rigorous screening process, 100X.VC has invested in 80 startups after evaluating over 20,000 applications. Moreover, 100X.VC-funded startups have been able to raise over Rs 450 crore (US $60M) from various investors including growth VC funds, family offices, angel investors and corporate venture arms.&nbsp;In this new model, startup applications will be reviewed, accepted and invested on a rolling basis with no deadlines. Investments will be completed through iSAFE Notes within two weeks of startup applications being accepted.&nbsp;About 100X.VC&nbsp;100X.VC is India's first venture fund to invest in early-stage startups using iSAFE (India Simple Agreement For Future Equity) Notes. It has screened over 20K deals to invest in 70 start-ups since its first round of selections in December 2019. As a Securities and Exchange Board of India (SEBI) Registered CAT I AIF investment adviser and the first Indian institutional investor in its portfolio companies, 100X.VC invests in a startup, effectively becoming their coach, strategy consultant, business mentor, and trusted advisor. Sponsored by Mehta Ventures, the fund works closely with founders helping them get to the next round of funding and beyond.To know more, please visit: <a href="https://www.100x.vc/class08" target="_blank" rel="noopener noreferrer">www.100x.vc/class08</a>&nbsp;&nbsp;

100X.VC announces its plan to invest Rs 125 crores (over US $16.5M) in 100 early stage startups in the next 12 months. It will be the fastest deployment of first cheque capital by any VC in India for early stage startups. 

100X.VC to invest Rs 125 crores in 100 early stage startups within 12 months 

Mumbai, April 08 2022: 100X.VC, India's first venture capital fund to invest in startups using iSAFE notes, an alternative to convertible notes used for investments, revealed 10 startups at its Class 07 &nbsp;<a href="https://www.100x.vc/pitchday">VC Pitch Day</a> &nbsp;today.<figure class="image"><img src="https://100x-strapi-bucket.s3.ap-south-1.amazonaws.com/Class_07_Logo_Grid_e93e5af366.png"></figure> 100X.VC operates on a Class-based investment model and invests in startups operating in a diverse range of sectors. For Class 07, 100X.VC had received 2,488 pitches, shortlisted 454 and post a comprehensive process, shortlisted 10 startups. With 10 new investments in Class 07, <a href="https://apc01.safelinks.protection.outlook.com/?url=http%3A%2F%2F100x.vc%2F&amp;data=04%7C01%7CYatti.soni%40thehindu.co.in%7Ca98deb42a36c4568008308d97fdc6b35%7Cc8f171fb8e124c1286ff9108c97b8963%7C0%7C0%7C637681406965596680%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&amp;sdata=GsuzgsQL9%2BK4Zr2xYr%2FTbMjuC7RR55yKrH60847gofc%3D&amp;reserved=0">100X.VC</a> has crossed the 80 investments mark since its inception in 2019.&nbsp;On this quarter’s batch, Ninad Karpe, Partner at 100X.VC says,<blockquote>“We are excited to unveil the 10 startups that are part of our Class 07 cohort. Each of these startups have breakthrough ideas that can make a huge difference to our quality of life. The founders have undergone intensive mentoring and coaching from us and are now ready to pitch at our VC Pitch Day.”&nbsp;</blockquote>The VC Pitch Day is the largest online gathering of investors from VC funds, Angel Networks, Family Offices, showcasing all Class 07 startups. Previous 70 startups have cumulatively raised US$ 60 Million post 100X.VC round, with a $400K-500K average fundraiseStartups that made it to the 100X.VC Class 07 Portfolio:<ol><li><a href="https://zerobalance.club/">Zerobalance</a> | Sector: Fintech Enables worry-free payments with added controls and deep insights &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;</li><li><a href="https://bugbase.in/">BugBase</a> | Sector: Cybersecurity India’s first marketplace of ethical hackers hosting bug bounty programs for startups and enterprises.</li><li><a href="http://emoenergy.in">Emo Energy</a> | Sector: EV A deep tech startup that is building powerful, safe batteries that can be charged in minutes rather than hours.</li><li><a href="https://www.helppr.ai/">Helppr</a> | Sector: Productivity Tools Productivity software for faster learning.</li><li><a href="http://www.pilk.in/">Pilk</a> | Sector: D2C Creates tasty &amp; healthy plant-based milk products.&nbsp;</li><li><a href="https://www.kloudmate.com">Kloudmate</a> | Sector: SaaS An Observability platform for millions of developers building applications on serverless cloud infrastructure.&nbsp;</li><li><a href="https://quriverse.com/">Quriverse</a> | Sector: Social Media India’s first community platform for Anime fans and influencers.&nbsp;</li><li><a href="https://www.toastapp.co/">ToastApp</a> | Sector: SaaS&nbsp; The fastest QR-based ordering and payment solution for dining restaurants.&nbsp;</li><li><a href="https://papapawsome.com/">Papa Pawsome</a> | Sector: D2C A digital-first one-stop solution for natural pet care products</li><li><a href="https://www.gocrow.in/">GoCrow</a> | Sector: Fintech&nbsp; A secure payment platform facilitating escrow-based transactions.</li></ol>Prior to the pitch day, all the portfolio companies underwent 4 weeks of intensive masterclasses by industry experts, mentors, veterans, successful founders and venture capitalists providing business direction and mentoring.&nbsp;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, to nurture innovative ideas that add value and bring solutions to a problem. We fund exceptional Indian founders. We move fast. We value time. We are in the people business. We work hard to inspire confidence and engage with every stakeholder. We deeply value our relationship with founders, investor partners, and corporations. 100X.VC is SEBI-registered Investment Adviser &amp; CAT I Alternate Investment Fund.&nbsp; &nbsp;

100X.VC revealed 10 startups at its Class 07  VC Pitch Day  today. 100X.VC received 2,488 pitches, shortlisted 454 and finally selected 10 startups for Class 07


100X.VC Reveals Class 07 Portfolio Startups

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⠂The funding round was led by Triveni Trust, Ninjacart, and Indian Angel Network (IAN) and new investors Venture Catalyst, StarAgri, Kia Ora Ventures, Singualrity Ventures, Mastermind Capital, and angel investors.&nbsp;Mumbai, May 13, 2022: <a href="https://fyllo.in/" target="_blank" rel="noopener noreferrer">Fyllo</a>, an agri-tech startup, raised $2 million in a funding round led by IAN, Triveni Trusts, Ninjacart, and new investors Venture Catalysts, StarAgri, Kia Ora Ventures, Singualrity Ventures, Mastermind Capital, and angel investors.Fyllo was founded in 2019, Fyllo brings certainty to the quality and quantity of agricultural produce through its data-driven Agri-science platform. Their IoT system understands and measures precise requirements of plants on a real-time basis and then the Agri-science platform backed by AI provides timely advice to farmers. The startup has developed crop-specific models for irrigation, nutrients, diseases, pests, and weather management for each physiological stage of crop and soil.Talking about the funding, Founders Sudhansu Rai and Sumit Sheoran in a joint statement said, "Farmers have seen the impact of technology and the adaptability has increased. Having received the funding, we are looking to invest in expanding our brand to new markets and more crops,"Ninad Karpe, Partner, 100X.VC said “Fyllo will have a deep impact on the agriculture sector and farmers in India with the use of AI and IoT devices. At 100X, we are delighted to be the first investor in Fyllo”The AI-based platform had raised a cheque from 100X.VC as part of the fund’s Class 02 portfolio earlier in the year &nbsp;

The funding round was led by Triveni Trust, Ninjacart, and Indian Angel Network (IAN) and new investors Venture Catalyst, StarAgri, Kia Ora Ventures, Singualrity Ventures, Mastermind Capital, and angel investors. 

100X.VC Portfolio Fyllo raises $2 million in its recent funding round

The only thing better than working with so many amazing companies every day is seeing them receive industry recognition for all the hard work they do.Today, 100X.VC would like to extend a big congratulations to the Founders of Bluelearn and Datasutram, our Class 01 and Class 04 portfolio, who have made it to the competitive “Forbes 30 Under 30: Asia Enterprise Technology” list.The unwavering innovators recognized as members of the Forbes 30 under 30 Asia are an impressive bunch, and 100X.VC is pleased to congratulate them.BLUELEARNShreyans Sancheti and Harish Uthayakumar are co-founders of Bluelearn, a social platform that allows students to learn real-life skills from experts for free, join interest clubs and network with their peers.&nbsp;&nbsp;<figure class="image image-style-align-center image_resized" style="width:75%;"><img src="https://100x-strapi-bucket.s3.ap-south-1.amazonaws.com/30_under_30_5_e3349d4005.png"></figure> Bluelearn’s concept is unconventional and that’s what interested us the most. We are confident that BlueLearn will scale rapidly in the coming future. We are strong believers in their ability to build a community that brings together the builders and creators of tomorrow.DATASUTRAM<figure class="image image-style-align-center image_resized" style="width:75%;"><img src="https://100x-strapi-bucket.s3.ap-south-1.amazonaws.com/30_under_30_4_ddeef4c7cf.png"></figure>Rajit Bhattacharya, Ankit Das and Aisik Paul, are co-founders of DataSutram, the platform captures how people live and behave at any given location by converting unstructured data sources like satellites, mobile phones and point-of-service machines into insights.&nbsp;&nbsp;100X.VC believes in the potential of these founders and in their creation. Rajit, Ankit and Aisik are motivated individuals and have&nbsp; a perfect understanding of the product market fit. They have strategically taken advantage of the COVID situation by helping businesses optimise their resources and reach target customers. The algorithm has captured data points all over India and the next step for them would be to capture the global market.&nbsp;100X.VC is pleased to support these young thought leaders — and the thousands of others like them — as they continue to solve meaningful problems at scale.&nbsp;&nbsp;

100X.VC Portfolio Founders featured in Forbes 30 under 30

100X.VC Portfolio Founders in Forbes!

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⠂The funding round was led by Indian Angel Network (IAN), and the round was led by angel investors Manish Sinha and Naveen Gupta of IAN.Mumbai, May 19, 2022: <a href="https://qwikskills.com/" target="_blank" rel="noopener noreferrer">Qwikskills</a>, a one-stop destination for tech professionals and students, has raised a seed funding of Rs. 3.85 crore round led by Indian Angel Network (IAN), along with other investors. The round was led by angel investors Manish Sinha and Naveen Gupta of IAN.The Gurugram-based startup was founded in 2020 by Varun Mahajan and Harit Verma and is a 100X.VC Portfolio company. Qwikskills is a subscription-based platform offering monthly and annual packages for users to practice cloud computing and meet the tech industry's challenges. Qwikskills offers customized practice solutions for students and tech professionals to get hands-on cloud skills and grow their overall technical skills.&nbsp;Talking about the funding, Varun Mahajan, Co-founder of Qwikskills said, "With this investment, we are looking to enhance our current offerings and expand into enterprise &amp; B2B corporate model. We currently have hands-on cloud labs for AWS, Azure, and GCP. Moving forward, we’ll be expanding our offerings into VMWare, Salesforce, Alibaba, Huawei, IBM, and OpenStack for hands-on skilling.”QwikSkills’ goal is to achieve the idea of democratizing knowledge and making cloud skilling and practice accessible and affordable for everyone. The company is striving to make a change in the industry and is emerging as a primary choice for students and tech employees to learn and practice tests for cloud and other tech certification exams.&nbsp;Commenting on the announcement, Ninad Karpe, Partner, 100X.VC said “ Qwikskills is filling a huge skill gap need which is being faced by the tech industry. At 100X, we realised the huge market potential for Qwikskills and are delighted to be the first investor in this startup.”The ed-tech platform had raised a cheque from 100X.VC as part of the fund’s class 05 portfolio earlier in the year

The funding round was led by Indian Angel Network (IAN), and the round was led by angel investors Manish Sinha and Naveen Gupta of IAN.

100X.VC Portfolio QwikSkills raises Rs. 3.85 crores in seed funding

⠂The funding round was led by Cornerstone Venture partners, while the rest included LV Angel Fund and other seed investors.Mumbai , March 28, 2022: <a href="https://www.paperplanetech.co/" target="_blank" rel="noopener noreferrer">Paperplane</a>, a Bengaluru-based Digital Clinic announced that it has raised nearly US $400,000 in a follow-on funding round that was led by Cornerstone Venture Partners, while the rest included LV Angel Fund and other seed investors.The Bengaluru-based startup was founded in 2021 by Devansh Swarup, Aryan Pandey, and Varun Goel and is a 100X.VC Portfolio company. Paperplane builds digital clinics on Whatsapp for doctors and hospitals to start and scale their medical practice on the world's most popular messaging app.&nbsp;Talking about the funding Devansh Swarup, CEO of Paperplane said, “The CoVID-19 pandemic made it difficult for doctors to consult and treat patients at scale in physical clinics. Paperplane was born out of a motivation to ease this load on medical practitioners of patient management so that they can focus more on diagnosis and treatment. The fresh round of funding will help us further improve the AI-based practice management platform and amplify its reach,”The platform is now being used by over 1,000 medical practitioners, conducting 11,000+ consultations per day, and serving more than 1,00,000 patients across the country. The Paperplane community is growing at more than 30% month-on-month due to the ease of adoption and minimal disruptions in the consulting process.The service is easy to use, provides a means for timely diagnosis, with automated follow-ups via a popular messenger app. At <a href="http://100x.vc/">100X.VC</a>, we are proud to see a product being born out of an altruistic vision to help Indian citizens,” said Ninad Karpe, Partner, 100X.VC.The AI-based platform had raised a cheque from 100X.VC as part of the fund’s class 05 portfolio earlier in the year.

The funding round was led by Cornerstone Venture partners, while the rest included LV Angel Fund and other seed investors.

100X.VC backed Paperplane raises nearly $400K in funding

<ul><li style="text-align:justify;">The funding round was led by Mumbai Angels Network. The round also saw the participation of SAT Industries, Planb Capital and other investors.&nbsp;</li></ul>Mumbai, June 09, 2022: <a href="https://www.redbasil.in/">Redbasi</a>l, a tech-driven, zero-inventory marketplace for wholesale food supply for restaurants and cloud kitchens, has raised $330k as part of their Seed round led by Mumbai Angels. The round also saw the participation of SAT Industries, Planb Capital and other investors.The Gurugram-based Startup was founded in 2021 by Naman Dayal, Amit Khanchi and Shivank Shukla and is a <a href="http://100x.vc/">100X.VC</a> &nbsp;Portfolio company. It is a&nbsp; digital marketplace model that enables restaurants and cloud kitchens to supply high-quality food through its mobile app.&nbsp;&nbsp;Talking about the funding, Naman Dayal, Founder &amp; CEO of Redbasil said “Redbasil was founded with a simple idea – making wholesale food supply reliable and convenient. We found that the Indian food value chain faced multiple challenges like inconsistent quality, volatile pricing and delayed deliveries, creating a major gap in the system. Redbasil was conceptualised as a digital marketplace to address these challenges for commercial kitchen operations in India. We have received an incredible response from our customers. We’re delighted to be backed by marquee investors in our journey of building a robust ecosystem in the food value chain for restaurants and cloud kitchens. This funding will help us achieve our goal and reach greater heights.”There is often a lack of communication among players in a food supply chain who are spread across India, resulting in food insecurity and public health concerns. This disproportionately impacts the most vulnerable members of society, such as low-income Individuals and small grocery stores and restaurants. Red Basil is solving the gaps in better food and beverages procurements and also helped customers to get the better quality of perishable products.&nbsp;Commenting on the announcement, &nbsp;Nandini Mansinghka, Co-Founder and CEO of Mumbai Angels, said,&nbsp; “We are confident that the latest infusion of capital will help the platform tap into the immense potential in the market, cater to more customers, and scale the business”.Mr. Ninad Karpe, Partner at 100X.VC,added “ As a first investor in Red Basil, we are delighted that the company has raised its next round of capital. We believe that Red Basil is solving a serious problem faced by the restaurants and cloud kitchens and with this capital, it has the potential for rapid growth”The&nbsp; tech driven B2B marketplace had raised a cheque from 100X.VC as part of the fund’s class 06 portfolio earlier in 2021.&nbsp;

Redbasil, a tech-driven, zero-inventory marketplace for wholesale food supply for restaurants and cloud kitchens, has raised $330k as part of their Seed round led by Mumbai Angels. The round also saw the participation of SAT Industries, Planb Capital and other investors.

Red Basil, a 100X.VC portfolio raises capital from Mumbai Angels Network

<ul><li>The funding round was led by JITO Angel Network. The round also saw the participation of 2am VC, LetsVenture and other investors&nbsp;</li></ul>Mumbai, June 13, 2022<a href="https://www.kloudmate.com/" target="_blank" rel="noopener noreferrer">KloudMate</a>, a deep tech platform founded by Amitava Saha, Pranab Buragohain and Bidyut Baruah, detects performance bottlenecks in serverless applications, identifies errors and helps developers fix issues in minutes, instead of hours.&nbsp;JITO Angel Network (JAN), a global community-based Angel network in India, has invested an undisclosed amount in the observability platform KloudMate in a pre-seed funding round.&nbsp;Serial investors such as 2am VC, LetsVenture, KRS Jamwal, Executive Director, Tata Industries, Founder’s Room Capital, Quattro Ventures, Anoop Mathur, Founder, CORE Media Group, Jaydeep Deshpande, Head of Enterprise Marketing, Google Cloud and Mayur Zanwar (TruScholar.io) joined JAN in this funding round. The company will use the funds to further develop the platform and rapidly scale it, over the next few months, said Pranab Buragohain, Co-founder, KloudMate. “Serverless and microservices architectures are rapidly growing technologies of the future. KloudMate, with its observability and machine learning capabilities, aims to solve some major challenges that these frameworks pose to developers,” he added. Mr. Ninad Karpe, Partner at 100X.VC,&nbsp; mentioned “At 100X, we are delighted to be the first investors in KloudMate. We believe that the deep tech platform created by KloudMate has a potential to be the pioneer and leader in its space”The deep tech observability platform had raised a cheque from 100X.VC as part of the Fund’s Class 07 Portfolio. &nbsp;

The funding round was led by JITO Angel Network. The round also saw the participation of 2am VC, LetsVenture and other investors.

KloudMate, a 100X.VC Class 07 Portfolio Company, raises Pre-Seed Fund 

<ul><li style="text-align:justify;">The funding round was led by marquee angel investors, Amey Mashelkar, Jasminder Singh Gulati and Nilesh Patel.&nbsp;</li></ul>Mumbai, March 15, 2022<a href="https://honc.io/" target="_blank" rel="noopener noreferrer">Honc</a>, a Hyderabad-based tech startup has raised $4,00,000 in a pre-seed round, led by Amey Mashelkar (Head of JioGenNext), Jasminder Singh Gulati (Co-founder at NowFloats) and Nilesh Patel (Leadership team, Cisco systems).&nbsp;Founded in 2020, honc, with its managed marketplace model has been playing an important role in the car wash industry of India, which is largely unorganized and underserved. The company provides an on-demand, mobile-first doorstep solution that meets the intuitive needs of car owners with a curated selection of trusted and trusted partners. With its Pre-Seed Fund, honc thinks to upgrade its tech stack to scale across gated communities and business parks using location intelligence and user review systems.&nbsp;“While car wash in India has an annual spend of $12 billion, it’s still in the early stages of its digital transformation. The fund infusion is a testament to investor’s confidence in the rising demand for a doorstep solution. In the last year, we were able to add over 200 partners to our network. We carry out 4,000 car washes per day in Hyderabad alone. We aim to make the traditional car wash industry efficient, environmentally friendly, and a customer-centric one”, said Niranjan Seelam, Co-founder &amp; CEO of honc.Mr. Ninad Karpe, Partner at 100X.VC, added “We all struggle to keep our cars clean every day. The existing options are broken, leaving car owners dissatisfied with bitter experiences. With its tech-first approach, honc made it efficient and simplified the whole process of keeping our cars clean. Car wash being the everyday touchpoint in the car owner’s mind, we believe honc is well poised to play a bigger role in scaling to other services as well.”The tech marketplace startup had raised a cheque from 100X.VC as part of the Fund’s Class 06 Portfolio. &nbsp;

Honc, a Hyderabad-based tech startup has raised $4,00,000 in a pre-seed round, led by Amey Mashelkar (Head of JioGenNext), Jasminder Singh Gulati (Co-founder at NowFloats) and Nilesh Patel (Leadership team, Cisco systems).

Honc, a 100X.VC Class 06 Portfolio Company, raises $400K Pre-Seed Fund 

<ul><li style="text-align:justify;">The funding round was led by marquee investors including Manipal Technology and Media Group, Concept India, Quattro Ventures and other investors.</li></ul>Mumbai, March 08, 2022<a href="https://wizzy.ai/" target="_blank" rel="noopener noreferrer">Wizzy</a>, an advanced site search solution for e-commerce stores and&nbsp; marketplaces, has raised nearly US $300,000 in a funding round. The company said it will use the funds to evolve the product, amplify its reach to store and&nbsp; marketplace owners around the world, and make product discovery and shopping a seamless&nbsp; experience driven by the most advanced site search technology.&nbsp;Investors included Manipal Technology and Media Group, Concept India, Quattro Ventures, Sat Industries, Kolte Patil and top angels like Jio Fund head Amey Marshelkar, Times&nbsp; Network VP Jignesh Kenai, Serial Investor Sanjeev Shah, Indian Hotels VP Giridhar Sanjeevi,&nbsp; Strategy Head Amogh Agashe , Anlage CEO Umesh Chhazzed, Capgemini Senior Manager&nbsp; Umang Shah, Google Marketing Head Jaydeep Deshpande and other marquee angel investors.&nbsp;Founded in 2021, Wizzy is the brainchild of Aenik Shah and Alok Patel—two passionate,&nbsp; motivated problem solvers with a strong tech background, who hail from the entrepreneurial spirit&nbsp; of Ahmedabad. Wizzy was created to help solve a major problem for e-commerce stores—making product&nbsp; discovery easy and seamless for shoppers, just like the most popular marketplace apps. It was&nbsp; designed to boost visit-to-sales conversion organically as well.Talking about Wizzy, Mr. Ninad Karpe, Partner at 100X.VC said, “Wizzy is at the right stage with the&nbsp; right product to disrupt the worldwide e-commerce market and is poised to capture a significant&nbsp; market share. I believe that the team and product is on track to onboard more than 50,000 e-commerce stores by 2025 and impact millions of dollars worth of purchases that happen online.”&nbsp;The tech marketplace startup had raised a cheque from 100X.VC as part of the Fund’s Class 06 Portfolio.

The funding round was led by marquee investors including Manipal Technology and Media Group, Concept India, Quattro Ventures and other investors.

Wizzy, a 100X.VC Class 06 Portfolio Company, raises $300K Pre-Seed Fund 

<ul><li style="text-align:justify;">The funding round for $160,000 was led by Kishore Ganji, Keynote India, Aprameya Radhakrishna, SAT Industry and others</li></ul>Mumbai, May 20, 2022<a href="https://pensionbox.in/" target="_blank" rel="noopener noreferrer">PensionBox</a>, a digital pension app, has raised $160,000 from Kishore Ganji, Keynote India, Aprameya Radhakrishna, SAT Industry and others. The Bengaluru-based startup will use the funds to hire a strong team and build its product faster in coming months to lead the way in the pension sector in India.Founded in 2021 by two brothers, Kuldeep Parashar and Shivam Parashar, PensionBox was born when Kuldeep and Shivam started planning for their parent’s retirement during the pandemic. They observed that there is a gap in the Indian market where it is difficult to track one’s pension. As they looked deeper, they realized that they were not alone in this; millions of Indians don’t have a retirement or&nbsp; pension plan in place.“PensionBox addresses a very important need for billions of Indians who do not have access to the&nbsp; right resources to make an informed choice and then continue to track their funds easily. At 100X.VC,&nbsp; it is truly heartening to see young India developing solutions for legacy systems and better serve the&nbsp; Indian workforce”, added Ninad Karpe, Partner, 100X.VC.The FinTech startup had raised a cheque from 100X.VC as part of the Fund’s Class 06 Portfolio. &nbsp;

The funding round for $160,000 was led by Kishore Ganji, Keynote India, Aprameya Radhakrishna, SAT Industry and others

100X.VC Class 06 Portfolio Company, PensionBox raises $160K in the Seed Round

<ul><li style="text-align:justify;">The round also saw participation from angel investors like Puneet Deora (MD, Deoras Group), Gaurav Choksi (Exec. Director, Hindustan Platinum), Rupark Sarswat (CEO, India Glycols Ltd), Asad Daud (Director, SAT Industries Ltd), Archana Priyadarshini (General Partner, PointOne Capital), among others.</li></ul>Mumbai, January 28, 2022<a href="https://broomees.com/" target="_blank" rel="noopener noreferrer">Broomees</a>, a New Delhi-based startup for training and employing domestic workers, has raised $600,000 in the seed round, led by 2 AM VC and Magic Fund and two USA-based micro VCs. The round also saw participation from angel investors like Puneet Deora (MD, Deoras Group), Gaurav Choksi (Exec. Director, Hindustan Platinum), Rupark Sarswat (CEO, India Glycols Ltd), Asad Daud (Director, SAT Industries Ltd), Archana Priyadarshini (General Partner, PointOne Capital), among others.The startup plans to utilize the fresh funds in setting up training cum registration centers to impart job skills and soft skills to cooks, babysitters, house helps etc. The company will also focus on better user experience and automation of processes to further fuel every step with technology using its app and web platforms – available for its customers as well as workers.Founded in 202, Broomees has played the role of a local superhero for hundreds of workers, especially women, in Delhi. Broomees is a worker-focused company that doesn’t charge a single penny from its workers to upskill and employ them. Formalizing the bottom of the pyramid, Broomees is a game-changer for both its customers and workers. It has already served more than 1500 customers with a safe and trained workforce for their households.&nbsp;Broomees currently offers monthly and annual subscriptions to its customers and they can choose between cooks, babysitters, caretakers, and all-rounders by simply downloading the mobile app or visiting the website – broomees.com.&nbsp;Vaibhav Agrawal, Founder &amp; CEO of Broomees, said, “There’s no better time than now to solve this deep-rooted problem. Thanks to digitalization and the boom of startups for the blue-collar workforce, Broomees is placed in an excellent position to achieve its targets.”Ninad Karpe, Partner at 100X.VC, said, “Finding good domestic workers is extremely difficult, unorganized and cumbersome and a challenge faced by households across India. Broomees will train such domestic workers, streamline the process and make it easy to hire them. Broomees will not only solve a daily problem faced across the country but also generate employment. Starting with the focus on the Delhi-NCR region, we believe that Broomees has the potential for tremendous growth for its offering.”&nbsp;The B2C Marketplace startup had raised a cheque from 100X.VC as part of the Fund’s Class 06 Portfolio.

100X.VC Backed Broomees Raises $600k in Seed Funding

With his 20 years of experience as a finance expert in corporations, Utpal Doshi brings to the table his expertise of multiple startup investments and deep understanding of enterprise needs &amp; desire for innovation. India, July 4, 2022: Early-stage venture firm 100X.VC on Monday announced the appointment of its new partner, CA Utpal Doshi. He has been onboarded as Partner, Corporate Venture Capital. Utpal, a seasoned tax and finance professional, with an experience of over 20 years, will bring to the table his expertise of working closely with startups as an angel investor for international and domestic corporate clients.Over the years, corporate venture capitals have become a major source of funding for startups. Among startup funding, CVC deals in Indian startups have seen a 27% average annual growth rate with Reliance, Tata, Aditya Birla and Mahindra’s leading the foray in startup investments. These corporations are strategically investing in firms that are building allied technologies or working in adjacent sectors to create an ecosystem of related services for inorganic growth.Utpal’s expertise lies in advising on strategic expansion and exploration of new markets which are at the core of CVC practice. Through Corporate Venture Capital services, 100X plans to unlock strategic, financial and technological ROI through access to credible deal flow with the long-term objectives of the corporates.On Utpal’s appointment, Ninad Karpe, Partner at 100X.VC, said, “Utpal comes with a mix of experience in finance and investment ecosystem. We are delighted to have him on board. At 100X.VC, we are excited to see him steer the next phase of growth for the organization and expand our scope of investment areas.”Utpal Doshi, Partner, Corporate Venture Capital, 100X.VC said, “ Today corporate venturing is providing enterprises a new and more robust mechanism to stay ahead of the curve. I am excited to help corporates discover credible deal flow where 100X.VC dominates. I look forward to work with the management and corporate development team to discover the right alternatives for corporate venturing strategy”With the appointment, Mumbai-headquartered 100X.VC now has six partners; Sanjay Mehta, Ninad Karpe, Yagnesh Sanghrajka, Shashank Randev, and Vatsal Kanakiya. 100X.VC is a leading venture capital firm that invests in early-stage startups across India. It is the first VC firm to use India SAFE (iSAFE) notes for providing seed funding to bootstrapped Indian startups. 100X.VC has recently increased its cheque size to Rs 1.25 crore, per investment, in exchange for 15% future equity. The new investment terms are applicable for all founders applying for Class 08 onwards.

With his 20 years of experience as a finance expert in corporations, Utpal Doshi brings to the table his expertise of multiple startup investments and deep understanding of enterprise needs & desire for innovation.

100X.VC onboards CA Utpal Doshi as Partner - Corporate Venture Capital with an eye to scale and build CVC practice in India

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New Delhi, 19th July, 2022: 100X.VC-backed Startup BugBase, India's largest marketplace for ethical hackers, raises US$500,000 in funding led by 2am VC. The funding round also saw successful participation from Finsight Ventures, Dholakia Ventures, SAT Industries and marquee angel investors like Neeraj Roy (Founder, Hungama Entertainment), Nilesh Sangoi (Founding CTO and ex-CEO Meru Cabs), Puneet Deora (MD, Deoras Group), Kushal Khandwala (Director, KIFS Group), Anoop Mathur (AM Capital &amp; Founder, CORE Media) among others.BugBase, a Bangalore-based startup, is one-of-a-kind marketplace of ethical hackers, which assists organisations in staying cyber safe by providing an all-in-one platform for continuous and comprehensive security testing. BugBase was founded by Dhruva Goyal and Kathan Desai, two 20-year-old motivated young entrepreneurs who dropped out of college to pursue their entrepreneurial dream full-time. They are currently hosting Bug Bounty programs and PTaaS (Pentest-as-a-service) programs for companies like boAt and ImpactGuru.Dhruva Goyal, Founder &amp; CEO, BugBase, said, "Bugbase intends to give a large community of ethical hackers access to an optimised platform that has already begun to revolutionise India's cybersecurity market. We aim to spread awareness about cybersecurity among organisations and businesses likewise and hope to facilitate fruitful interactions between ethical hackers and companies.""Businesses face all types of breaches, and these vulnerabilities pose a great risk to sensitive data. Therefore a need for an integrated testing platform arose. Our platform's success in India is based on a commitment to excellent service quality and compliance requirements, as well as a desire to foster sustainability and innovation," said Kathan Desai, Founder, BugBase.BugBase’s Pentest as a Service (PtaaS) platform, connects companies to the right security researchers and helps deliver the real-time insights you need to mitigate risks and innovate securely. Payment gateway vulnerabilities, account takeovers, authentication flaws, and database and credential leaks are just a handful of bugs reported on Bugbase that are actively remediated and reported by a team of handpicked testers.Pavel Gurianov, Finsight VC, said," Although many companies have been working on automation of cyber security tasks, it is also to be taken into serious consideration that zero-day threat prevention needs a more creative approach - this is what we liked about BugBase's crowdsourced approach to security. Secondly, as India's technology industry is emerging, we think India will need to grow its own community of hackers, similar to those existing in the US and Europe. In the future, I believe such a community can become a strong foundation for our cybersecurity products.""We believe that the youth of India will play a significant role in the future growth of ethical hacking as a service - especially as the Web3 world yearns for decentralisation. The BugBase team is organised and amazingly driven by 20-year-old ethical hackers who demonstrate community leadership and a burning desire to bring ethical hacking mainstream. I would not bet against their hunger and commitment.", said Hershel Mehta, General Partner, 2am VC.Ninad Karpe, Partner at 100X.VC, said, "The rapid digital transformation across industries has made businesses vulnerable to cyber attacks. Bugbase is adopting an interesting approach of looking at the threats from hackers' perspective and helping businesses efficiently prevent cyber attacks. We are glad that we are backing them in their journey. They have a lot to offer."Today's relentless cyber threats demand a security strategy that is just as unabated and proactive. BugBase's platform, unlike traditional security platforms, takes into consideration the agile methodology adopted by businesses nowadays. It allows an organisation to get an early baseline assessment followed by regular pentests, which helps integrate security testing into the process alongside the existing testing, rather than being an afterthought or extra step. Bugbase aims to promote better security practices among organisations and has certainly set its sights on dominating the cybersecurity market with hopes of leading India into a secure future.&nbsp;

BugBase, a Bangalore-based startup, is one-of-a-kind marketplace of ethical hackers, which assists organizations in staying cyber safe by providing an all-in-one platform for continuous and comprehensive security testing. 

100X.VC-backed Cybersecurity marketplace by two college dropouts, BugBase raises US$500,000 in funding led by 2am VC

76% of founders share a positive outlook for business growth: 100X.VCKey Highlights<ul><li>49% of founders believe fundraising has improved post-pandemic&nbsp;</li><li>The majority of founders, 52%, plan to raise funds in the next three months&nbsp;</li><li>Angel Investors, Angel Networks and Venture Capital Funds remain the preferred sources of direct funding for founders&nbsp;</li><li>52% of the surveyed founders find iSAFE a friendly investing instrument for seed funding&nbsp;</li><li>79% of investors believe the number of deals is set to decrease in the coming months&nbsp;</li><li>A majority of investors (79%) see a fall in the valuations in the near future</li></ul>National, August XX 2022: 100X.VC, India’s first venture fund to invest in early-stage startups using iSAFE Notes, is providing deep insights into the early-stage startup landscape of the country with the 3rd Edition of ‘India Sentiment Outlook Survey.’ The survey was conducted among 475 founders from different sectors and 75 investors participating in early-stage ventures.&nbsp;&nbsp;Ninad Karpe, 100X.VC said, “The Indian startup ecosystem had 44 unicorns in the past year and we’ve already witnessed 17 unicorns emerged in 2022. Given the economic conditions, the survey result indicates a mixed reaction from founders and investors around the current market landscape. However, we are optimistic that there is still room for early-stage funding with credible and large investment deal flow.”&nbsp;Detailed findings of the survey are as follows:&nbsp;Founder’s survey findings -&nbsp;<ol style="list-style-type:upper-roman;"><li style="text-align:justify;">Expecting growth: 76%&nbsp; of founders are bullish on business growth in the near term. Only 24% of them are bearish on their expectation for business growth. This indicates an increase in investor trust in Indian startups, which are emerging as a high-return asset class. The factors leading to the growth include a conducive market environment, quality of businesses and an increase in angel investment activity.</li><li style="text-align:justify;">Outlook on fundraising possibilities: 49% of founders believe fundraising has improved significantly in the post-pandemic scenario. About 23% feel it will be extremely difficult, and 28% expect no change. The Companies Bill will provide additional support to entrepreneurs and clarity on corporate structures and governance.&nbsp;</li><li style="text-align:justify;">Plans on raising funds: More than half of the surveyed founders (52%) plan to raise funds in the next three months, 26% to raise funds in the period of 3-6 months, 15% in 6-12 months and 7% in more than 12 months. Founders now prefer first working with Angel Investors, VCs and Angel Networks.</li><li style="text-align:justify;">Funding amount: 53% of founders plan to raise up to UDS 300K, 16% are targeting USD 300k-500k, and 13% of founders to raise USD 500k to 1 million. Around 5% of founders plan on raising more than USD 5 million.&nbsp;</li><li style="text-align:justify;">Key sources of funds: The top 3 sources of funding are direct investments from Angel Investors, Angel Networks and Venture Capital Funds. 26% of founders also feel that family, friends, and corporate venture capital are key funding sources. A very small number of founders go to banks or family offices for funding.</li><li style="text-align:justify;">Awareness of iSAFE notes: About 59% of the surveyed founders are aware of iSAFE notes. iSAFE is a simple document similar to a convertible note that secures investors the right to some future equity. About 52% of founders find iSAFE a founder-friendly investment instrument for seed stage funding.</li><li style="text-align:justify;">First cheque: 46% of founders believe Rs 1.25 crore cheque from 100X.VC will last 12 months, around 12% believe it will last beyond 18 months, and the remaining founders think it will sustain for 12-18 months. Founders also want investors that can make value additions as well. They also expect business introductions, mentoring and fundraising.</li><li style="text-align:justify;">Focus on Metaverse: 55% of the founders believe Metaverse and Web3 are good opportunities for Indian startups, and 17% feel that these are not big trends with Indian startups. With these technologies, a digital economy is under construction and will be disconnected from the physical economy in the next decade.&nbsp;&nbsp;</li></ol>Investor’s survey findings -<ol style="list-style-type:upper-roman;"><li style="text-align:justify;">Investors’ plans: The majority of the investors, which is 52%, plan on investing in less than five companies in the next 12 months, 37% want to invest in 5-15 companies, and 11% say they will invest in more than 15 companies in the next 12 months.</li><li style="text-align:justify;">Unicorns in India by 2025: Roughly 45% of the investors expect 100-200 more unicorns in the country by 2025. 32% expect less than 100 unicorns, and 23% expect more than 200 unicorns. It is an indication of enormous confidence in the growth trajectory outlook from the investors.</li><li style="text-align:justify;">Source of startup deals: 48% of investors believe more start-up deals will come from angel investors at the seed stage. 14% believe more startup deals will come from accelerators. A small fraction of 9% of investors feel more deals coming from incubators, and 7% believe they come from investment bankers.</li><li style="text-align:justify;">Perspective on iSAFE notes: A good percentage of 75% of investors believe iSAFE is simple to execute with no legal cost. 25% opine iSAFE is simple to execute with a legal cost, and 4% view iSAFE as complex to execute with no legal cost.</li><li style="text-align:justify;">Priority sectors: 23% of investors are closely monitoring SaaS-based startups, 22% are looking at FinTech startups, 21% at deep-tech startups, 18% at B2B startups and 18% at clean-tech startups. Other sectors like Agritech, Web3 and EdTech are on a low priority.</li><li style="text-align:justify;">Leading deals and factors influencing investments: 51% of investors are leading deals. While making the investment decision, 18% of investors prioritize Founders’ Right to Win, 14% of the investors prefer market size and 12% look at the business model.</li></ol>These are the findings of 100X.VC’s latest India Sentiment Outlook Survey. For full access to the detailed report, more detail, please log on to <a href="https://docsend.com/view/ipu3ngxhnxct269p">https://docsend.com/view/ipu3ngxhnxct269p</a>&nbsp;&nbsp;&nbsp;&nbsp;About 100X.VC100X.VC&nbsp;is India’s first venture fund to invest in early-stage startups using iSAFE (India Simple Agreement for Future Equity) Notes.&nbsp;100X.VC&nbsp;is a SEBI Registered CAT I AIF, Investment Adviser and the first Institutional Investor in our portfolio companies. The fund is sponsored by Mehta Ventures (www.mehtaventures.co), the Family Office Investment arm of Sanjay Mehta.&nbsp;

A recent survey found that despite the ongoing funding winter, startup founders in India are optimistic about raising funds and bullish on near-term business growth.


Seven in 10 startup founders bullish on near-term business growth: survey

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India, September 13, 2022 :<a href="https://www.100x.vc/">100X.VC</a> &nbsp; &nbsp;&nbsp; is a leading seed stage CAT 1 VC Fund announced its partnership with <a href="https://www.pidilite.com/">Pidilite Industries Ltd</a> &nbsp; for the latter’s venture arm called <a href="https://pidilite.vc/">Pidilite Ventures</a>. Pidilite Industries is India’s leading company in specialty chemicals such as adhesives, construction chemicals, and sealants, and a trusted consumer brand for the past 60+ years. As a part of the partnership, 100X.VC will collaborate with Pidilite Ventures to identify strategic investment opportunities for them.Pidilite Ventures will aim to mentor and guide innovative businesses that have synergies with Pidilite’s core and adjacent businesses.&nbsp;While 100X.VC has the size, scale, track-record, relationships, and experience of transforming early-stage businesses into large ones, Pidilite has the experience and expertise in building winning brands in the space it operates in. This will offer a definite competitive edge to the portfolio companies.Apurva Parekh, Executive Director, Pidilite Indistries, said, "We are excited to partner with 100X.VC. They have been instrumental in identifying some compelling investment opportunities for Pidilite Ventures and we look forward to a long and fruitful association.”Yagnesh Sanghrajka, Founder &amp; CFO, 100X.VC said, “We are excited to partner with Pidilite group for Pidilite Ventures. One of 100X.VC’s core values is to be a rising tide for startups. A rising tide lifts all boats and creates a profound multiplier effect. At 100X, there is a strong belief that innovation thrives with collaboration, and this is what Pidilite backed startups will experience in the future.” 100X.VC is focused on discovering category defining businesses. 100X.VC also offers Venture Capital as a Service (VaaS) with a unique multi-stage investment thesis for category defining start-ups to help large corporations get access to research and innovation.About Pidilite Industries<a href="https://www.pidilite.com/">Pidilite Industries Ltd.</a> is a leading manufacturer of adhesives and sealants, construction chemicals, craftsmen products, DIY (Do-It-Yourself) products and polymer emulsions in India. Our products range also includes paint chemicals, automotive chemicals, art materials and stationery, fabric care, maintenance chemicals, industrial adhesives, industrial resins and organic pigments &amp; preparations. Most of the products have been developed through strong in-house R&amp;D. Our brand name Fevicol has become synonymous with adhesives to millions in India and is ranked amongst the most trusted brands in the country. Some of our other major brands are M-Seal, Fevikwik, Fevistik, Roff, Dr. Fixit, Fevicryl, Motomax, Hobby Ideas, Araldite.About Pidilite Ventures&nbsp;<a href="https://pidilite.vc/">Pidilite Ventures Pvt Ltd</a> &nbsp; &nbsp;erstwhile Madhumala Ventures Pvt. Ltd., is the venture arm of Pidilite Industries Limited. Pidilite Ventures invests in fast growing and innovative companies that have synergies with Pidilite’s core and adjacent businesses. Pidilite Ventures has recently invested in three innovative ventures. These include Buildnext , an IT Enabled Construction company, Finemake , a digital design and procurement platform for contractors and Kaarwan, a fast growing edtech platform for aspiring and young architects and interior designers.&nbsp;About 100X.VC&nbsp;100X.VC is India's first venture fund to invest in early-stage startups using iSAFE (India Simple Agreement for Future Equity) Notes. 100X.VC is a SEBI Registered CAT I AIF, Investment Adviser and the first Institutional Investor in its portfolio companies. The fund is sponsored by Mehta Ventures, the Family Office Investment arm of Sanjay Mehta. 100X.VC has so far invested in 80 startups which have gone ahead and raised upwards of ~60 mn (~450+ crores) cumulative funding from VC funds, HNIs, Angel Networks and Family Offices

100X.VC, a leading seed stage CAT 1 VC Fund announced its partnership with Pidilite Industries Ltd (www.pidilite.com) for the latter’s venture arm called Pidilite Ventures.

100X.VC partners with Pidilite Industries for its CVC initiative

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<ul><li>Post investment, 100X.VC spent more than 100+ hours of mentorship to help the ventures scale their businesses</li><li>With Class 08 completion, 100X.VC has now crossed 100 investments since launch in July 2019.</li></ul><figure class="image"><img src="https://100x-strapi-bucket.s3.ap-south-1.amazonaws.com/Class_08_366ce5499e.png"></figure>January 21, 2023: 100X.VC, India's first venture capital (VC) fund to invest in startups using iSAFE notes, has funded 25 startups for its Class 08. The new set of portfolio cos. were announced during the in-person VC Pitch Day, which was held in Mumbai on Saturday 21 Jan, 2023.&nbsp;The Pitch day was attended by over 400+ investors which included HNIs, Family Offices, Growth stage Venture Funds and Corporations. 100X.VC has invested INR 1.25 crore in per startup, worked closely with each founding team and mentored them to enhance their product and help them scale.&nbsp;The fund operates on a Class-based investment model and invests in startups across sectors. In its Class 08 portfolio this year, 100X.VC shortlisted 669 companies from an application pool of 4748 to fund these 25 companies. The portfolio cos. hail from 11 cities: Mumbai, Bangalore, Delhi, Pune, Jaipur, Hyderabad, Bhopal, Chennai, Noida, Kolkata, and Varanasi.Ninad Karpe, Partner, 100X.VC, said, "100X.VC deal sourcing is the best in the industry as we see highest number of inbound organic deal flow. 100X brand is a social proof for entrepreneurs as a VC fundable startup. This success is not because we sponsor or advertise; it is because we add value to each startup by helping them build exponential business. We are delighted to share that we have surpassed our 100-investments goal in 3.5 years since the launch of 100X.VC. We believe these founders are building moonshots in their respective sectors and are excited to be part of their journey”&nbsp;The Class 08 portfolio includes:<ul><li>Zeron| Sector: Cybersecurity</li></ul>Bridging Cybersecurity Trust Gaps<ul><li>The Little Farm Co.| Sector: D2C</li></ul>Desi pickles making boring meals tasty<ul><li>Credwise| Sector: FinTech</li></ul>Trust-based Social Credit Sharing&nbsp;<ul><li>Adsys| Sector: Healthtech</li></ul>Rapid Blood Diagnostics<ul><li>Shyft| Sector: Web3</li></ul>Simplifying Web3 Development<ul><li>Sukham| Sector: D2C</li></ul>Holistic Men's Sexual Wellness Brand<ul><li>MetaShop| Sector: DeepTech</li></ul>Create photorealistic 3D models in minutes<ul><li>Rocca| Sector: D2C</li></ul>The new age chocolate<ul><li>Alpyne Labs| Sector: Web3</li></ul>Onboard users instantly to Web3<ul><li>ThinkMetal| Sector: 3D Manufacturing</li></ul>Compact 3D Printer for Metal Tools<ul><li>Vodex| Sector: DeepTech</li></ul>Generative AI for voice conversations<ul><li>50Fin| Sector: FinTech</li></ul>Get loans against securities and mutual funds @ just 1% per month<ul><li>GreenKin| Sector: Home Decor</li></ul>Modernizing the plant buying experience<ul><li>ByajBook| Sector: Fintech</li></ul>Simplifying Credit and Finance for Lenders in Bharat<ul><li>Metabrix| Sector: DeepTech</li></ul>Generative AI based Avatar Creation Platform<ul><li>Swasthya.ai | Sector: Healthtech</li></ul>Largest Data Repository for Cancer<ul><li>Minifeel | Sector: D2C</li></ul>Online experience store for Mini beauty products<ul><li>DAOstruct | Sector: Web3</li></ul>Bloomberg for DAOs<ul><li>Aliste | Sector: Home Automation</li></ul>Smart home subscriptions at just ₹1/day!<ul><li>Dolf | Sector: Web3</li></ul>One Stop Access to Decentralized finance<ul><li>Plug | Sector: FinTech</li></ul>Predict and trade on future events<ul><li>Dr.Mantra | Sector: D2C</li></ul>Personalized kidney care ayurvedic wellness brand<ul><li>OpenOffers | Sector: HRTech</li></ul>Candidate Commitment Intelligence Platform<ul><li>Luzo | Sector: Consumer-Wellness</li></ul>An asset lite curated marketplace for premium salons<ul><li>Zing | Sector: FoodTech</li></ul>A smoother food ordering experience at cafeteriasAbout 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 &amp; CAT I Alternate Investment Fund.&nbsp;

100X.VC announces Class 08 portfolio; total investment of $4 mn; invests INR 1.25 crore each in 25 selected startups


100X.VC announces Class 08 with total investment of $4 Mn, investing INR 1.25 crore each in 25 selected startups

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<ul><li>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</li><li>With Class 09 completion, 100X.VC has now crossed 127 investments since the launch of the fund in July 2019.</li></ul>June 24, 2023: 100X.VC, India's first venture capital (VC) fund to invest in startups using iSAFE notes, has funded 22 startups through Class 09. The new set of portfolio companies were announced during the in-person VC Pitch Day, which was held in Mumbai on Saturday 24 June 2023.The Pitch day was attended by over 400 investors which included HNIs, Family Offices, Venture Capital Funds and Corporations. 100X.VC has invested INR 1.25 crore in per startup, worked closely with each founding team and mentored them to enhance their product, GTM before announcing them at the VC Pitch Day.&nbsp;The fund operates on a Class-based investment model and invests in startups across sectors before starting the class. In its Class 09 this year, 100X.VC shortlisted 709 companies from an application pool of 4210 startups to fund these 22 companies. The portfolio cos. hail from 11 cities: Mumbai, Bangalore, Delhi, Pune, Ahmedabad, Noida, Kolkata and more.Ninad Karpe, Partner, 100X.VC, said, “We are excited to present our latest cohort of 22 startups in Class 09. With these investments, we have now funded 127 startups across various sectors. We believe that there are many disruptive businesses in India in the early stage startup ecosystem and the startups in Class 09 represent such opportunities.”The Class 09 portfolio includes:<ul><li>abCoffee | Sector: Food and Beverage</li></ul>India’s first Grab-n-Go QSR specialty coffee company at honest prices<ul><li>Airbook | Sector: B2B SaaS&nbsp; A Collaborative data workspace for revenue and data teams</li><li>Bansiwala | Sector: Food and Beverage</li></ul>One stop destination for authentic Agra Petha&nbsp;<ul><li>BreatheESG | Sector: Climate Tech, B2B SaaS, RegTech</li></ul>Enterprise SaaS to streamline sustainability management<ul><li>ColabTools | Sector: B2B SaaS - ConstructionTech</li></ul>The Ultimate SaaS intelligence tool for Construction Companies.&nbsp;<ul><li>Curlin | Sector: Consumer Brand</li></ul>India's first professional hair care brand for curly and wavy hair grooming<ul><li>Enrico | Sector: Consumer brand</li></ul>India’s 1st Light Pollution-Blocking Eyewear Brand<ul><li>Epicure Robotics | Sector: Food Tech</li></ul>Fast casual restaurant chain with an in-house robotic kitchen<ul><li>Happi Planet | Sector: Consumer Brand</li></ul>Natural &amp; Chemical Free Home Hygiene Brand<ul><li>Pikndel | Sector: Logistics</li></ul>Shared dark stores &amp; same-day delivery services for consumer brands<ul><li>Rannkly | Sector: B2B SAAS</li></ul>Reputation and Social Media management software for businesses<ul><li>ReThought | Sector: Managed Marketplace</li></ul>Discover, buy and sell thrift fashion<ul><li>Recipeat | Sector: HR Tech</li></ul>Recruitment SaaS+Marketplace for Restaurants and Hotels to hire 3x faster<ul><li>Ribin | Sector: Lifestyle, B2C</li></ul>Experience gifting platform replacing traditional gifts with memorable experiences<ul><li>Roopya | Sector: Fintech</li></ul>A ‘Specified User Fintech’ powering Lenders with Data, Insights and Analytics&nbsp;<ul><li>Seek | Sector: HealthTech</li></ul>Tech-driven coach-led mindfulness solution<ul><li>Spicta | Sector: Consumer Brand</li></ul>New age D2C Oral Care brand with clean ingredients backed by science&nbsp;<ul><li>TRIKL | Sector: AI, SaaS, B2B</li></ul>AI-Powered Community Management SaaS<ul><li>WomanlikeU | Sector: Consumer Brand</li></ul>Vacation wear brand for women that guarantees a perfect fit for all body types<ul><li>Wyse | Sector: Consumer Social</li></ul>Community-driven collaboration platform for professionals across the globe&nbsp;<ul><li>Xetgo | Sector: Managed Marketplace</li></ul>B2B Platform for Custom Packaging<ul><li>Xylem AI | Sector: B2B SaaS</li></ul>Generative AI-powered search for work appsAbout 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 &amp; CAT I Alternate Investment Fund.

100X.VC announces Class 09 with 22 new funded startups with a total investment of USD 3.4 Mn, USD 160K per startup

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<ul><li style="text-align:justify;">abCoffee, raises 2 million USD in seed round from Tanglin Venture Partners, 100X.VC, Panthera Peak, OTP Ventures and Angel investors like KRS Jamwal, Rana George, Adedeji Desalu, Amrut Dixit, Nikhil Bansal, Sanjeev Singh among others.</li></ul>Monday, September 25, 2023, Mumbai:&nbsp;<a href="https://www.abcoffee.in/" target="_blank" rel="noopener noreferrer">abCoffee</a>, India’s first tech-enabled and affordable specialty coffee chain, today announced an investment of $2 million in seed funding led by Tanglin Venture Partners. The round was also supported by Panthera Peak, angel investors KRS Jamwal, Rana George, OTP Ventures, Adedeji Desalu, Amrut Dixit, Nikhil Sood, and Akshit Goya and the first investors were 100X.VC.The funds will be used to further enhance abCoffee’s tech stack, expand its product range, and make its affordable specialty coffee more accessible across Mumbai and Delhi through its retail grab and go outlets, as they call it, abCoffee decks.abCoffee was founded in 2022 with a mission to democratize specialty coffee by making it more accessible. The company offers a wide variety of freshly brewed coffees at affordable prices, sourced from the leading farms in Chikmagalur and roasted to perfection to suit the Indian palate.“We are thrilled to have the support of such renowned investors who believe in our mission to make specialty coffee accessible to everyone,” said Abhijeet Anand, Founder and CEO of abCoffee.“This investment will enable us to accelerate our growth and bring our unique coffee experience to more neighborhoods across India. In the coming, 8-12 months, we keep the same momentum of growth; ensuring people are at heart of everything and bring the abCoffee’s specialty coffees to India’s new neighborhoods.”“As the first investors in abCoffee, we are delighted that they have been able to raise funds to fuel their rapid growth. In a burgeoning market, abCoffee has the perfect mix of the right product, strong team and proper positioning to propel them into becoming a leading coffee brand in India in the coming years”, Ninad Karpe, Founder &amp; Partner, 100X.VC.The company is headquartered in Mumbai.About abCoffee:abCoffee is India’s highest customer rated and first tech-enabled affordable Specialty Coffee Company. The company was founded in 2022 by Abhijeet Anand, IIT Dhanbad alumnus with 10 years of International experience in the petroleum industry. abCoffee's mission is to democratize specialty coffee by making it more accessible, spurring local coffee hubs nationwide, and motivating individuals to drive the change they wish to witness in the world. The company offers a wide variety of freshly brewed coffees at affordable prices. abCoffee's coffees are sourced from the best farms in Chikmagalur and roasted to perfection to suit the Indian palate. The company's tech-enabled operations ensure that customers receive the highest quality at the quickest turnaround time, every time.

abCoffee, raises 2 million USD in seed round from Tanglin Venture Partners, 100X.VC, Panthera Peak, OTP Ventures and Angel investors like KRS Jamwal, Rana George, Adedeji Desalu, Amrut Dixit, Nikhil Bansal, Sanjeev Singh among others.


100X.VC Backed abcoffee Raises $2 Million in Seed Funding Led by Tanglin Venture Partners to Make Specialty Coffee Accessible to Allhttps://strapi.100x.vc/admin/auth/login

<ul><li>Outbound calling solution with the power of generative AI, Vodex, has raised $320k funding in a pre-seed round led by 100X.VC.</li></ul>20-July-2023, India:Outbound calling solution with the power of generative AI, <a href="https://vodex.ai/" target="_blank" rel="noopener noreferrer">Vodex</a>, has raised $320k funding in a pre-seed round led by 100X.VC. Post 100X.VC pitch day, Yash Kotak,Ram Kumar and Devansh Alijar further invested in the company. Vodex intends to utilise the capital for product development and business expansion. Vodex leverages Generative AI to empower businesses with efficient and scalable pre-sales and tele-calling operations, optimizing sales, marketing, scheduling, lead generation, and feedback calling services, driving voice industry innovation.Founded by Anshul Shrivastava and Kumar Saurav, Vodex is serving more than 30 customers from five countries. It has emerged to be a game-changer across industries, ranging from Fintech and BFSI to call centre, healthcare and more. Leveraging state-of-the-art Foundation Models (LLM's) and Generative Voice AI, its voice bots simulate human interactions and deliver intelligent responses in a human-like voice.Yash Kotak, one of the prominent investors supporting Vodex, said, “I strongly support and invest in founders who hustle to achieve their goals. I saw the same confidence and perseverance in Anshul and Kumar, combining the power of Generative AI (way before the chatGPT craze) in voice, natural language, ASR etc., alongside disrupting the industry. Hence, supporting Vodex was the next obvious move, and I am proud to be a part of their growth journey.” “The market is highly competitive, and Vodex has successfully carved its niche and unique brand identity over the period of time. It is working with a clear vision to become the industry leader in generative AI-powered outbound calling solutions by offering customization and delivering exceptional customer experiences,” Ninad Karpe, Partner, 100X.VC, said.&nbsp;

Vodex, raises $320k in Pre-Seed Funding from 100X.VC, Yash Kotak,Ram Kumar and Devansh Alijar. 

100X.VC Backed Vodex Raises $320k in Pre-Seed Funding

<ul><li>ZuAI has bagged INR 4 Cr in a seed funding round led by Prime Venture Partners. This investment will propel the startup's (which was previously backed by <a href="https://www.100x.vc/">100X.VC</a>) mission of providing personalized and effective learning experiences to students in India.</li></ul>Bangalore, Wednesday, July 5, 2023:&nbsp;<a href="https://www.zuapp.co/" target="_blank" rel="noopener noreferrer">ZuAI </a>offers students a personalized and adaptive learning experience across various subjects. It is designed for students in grades 4-10 and helps them to learn from their prescribed textbooks, prepare for exams, revise concepts and generate notes on any topic. It boasts a range of cutting-edge features such as personalized learning paths, interactive lessons with multimedia resources, real-time feedback, comprehensive performance analytics, and 24x7 accessibility.&nbsp;“We started ZuAI with a simple vision of enabling all students to have access to a personal tutor 24x7 and make learning interactive and personalized so that they can learn at their own pace. This investment will empower us to improve our platform's capabilities, reach more students in India, and make a lasting impact on their educational journey.” said Anubhav Mishra, co-founder, ZuAI.As the first investor in Zu Technologies, we are delighted that they have raised the next round of funding. We believe that ZuAi is on a path to bring about a paradigm shift in the education sector in India and we are excited about the potential it holds for rapid growth.” said Ninad Karpe, founder &amp; partner, <a href="https://www.100x.vc/">100X.VC</a>.&nbsp;

ZuAI has bagged INR 4 Cr in a seed funding round led by Prime Venture Partners. 

100X.VC backed Edtech Startup ZuAI Bags Funding To Offer Personalised Learning Experience

<ul><li style="text-align:justify;">A sexual wellness brand, Sukham, has raised $275,000 in a pre-seed funding round. The round also saw participation from angel investors, including Papa CJ, Yash Kotak, Anuj Puri, Ankur Agarwal and Viswanath Ramachandran.</li></ul>Tuesday, June 27, 2023:&nbsp;Sukham is a men’s sexual wellness brand that provides safe solutions for sexual health disorders using ayurvedic products and treatment plans. These treatment plans are consistent with the traditional medicine system of Vajikarana as well as methods used in modern medical science."We have always been singularly focused on building a brand that focuses and owns the overall men's sexual wellness category using holistic and effective treatment regimes like Vajikarana," said Vivek Krishna, CEO and co-founder, Sukham.In an official release, the company also stated that with the funding, it plans to achieve its vision of impacting the lives of 160 million Indian men sooner. Sukham also aims to accelerate its growth and expand its operations domestically, with the objective of becoming a trusted household name in the field of men's sexual health."Talking about sexual health remains taboo in India. Sukham addresses the lack of open discussion around sexual problems among men with its wellness solutions and effective treatments. Its products and treatment plans are a perfect blend of Ayurveda and modern medicine, which makes it promising to enable men to seek treatment for their sexual problems without any hesitation. We extend our best wishes and look forward to supporting them in all ways possible," said Ninad Karpe, Founder &amp; Partner, 100X.VC.

100X.VC backed Sukham, has raised $275,000 in a pre-seed funding round. The round also saw participation from angel investors, including Papa CJ, Yash Kotak, Anuj Puri, Ankur Agarwal and Viswanath Ramachandran

100X.VC leads a pre-seed round raised by Sukham of $275,000

<ul><li>Minifeel raises Rs 3 crore in a pre-seed funding round led by 100X.VC and angel investors. The startup offers premium skincare and cosmetic products like serums, cleansers, makeup and more in mini or trial packs at almost one-fourth of their price.</li></ul>July 25, 2023 11:54 IST:Mumbai-based startup Minifeel, which allows customers to try beauty products at home before buying them, has raised Rs 3 crore in a pre-seed funding round led by 100X.VC. Angel investors Vijay Jain (Founder of ORRA Jewellery), Ajay Mokariya and Ganesh Iyer (MD and Joint MD of Shree Maruti), Yash Kotak (Founder of Jumper.ai),&nbsp;Niraj Chhajer (Partner at Pransh Capital), Bhanushali Angel Investor Network among others further invested in the company.The startup offers premium skincare and cosmetic products like serums, cleansers, makeup and more in mini or trial packs at almost one-fourth of their price. “The company also serves as a marketing channel for brands to help create awareness among the right consumers at zero cost,” it said in a statement. Minifeel said it plans to deploy the capital raised to develop the technology to personalize the consumer’s experience by recommending the best products that suit them. The company said it will also increase its number of trial product offerings for customers by partnering with premium beauty brands.&nbsp;Sagar Mithiya, Founder of Minifeel, said "The beauty and personal care sector is one of India's fastest-growing market segments. The industry is witnessing a boom from the rapid growth of direct-to-consumer companies in online retail. It’s an excellent time for Minifeel to work with new-age beauty brands to connect them with the right consumers and make them aware of innovative and exciting new products.”“The depth of the target market is enormous and is growing further. Therefore, we are optimistic that Minifeel is poised for rapid growth and success,” Ninad Karpe, Founder &amp; Partner, 100X.VC.&nbsp; &nbsp;

Minifeel raises Rs 3 crore in a pre-seed funding round led by 100X.VC, and angel investors like Vijay Jain, Ajay Mokariya and Ganesh Iyer , Yash Kotak, Niraj Chhajer, Bhanushali Angel Investor Network among others further invested in the company.

100X.VC backed Minifeel raises Rs 3 crore in Pre-seed round

<ul><li>LUZO, a Mumbai-based mobile application that is an asset-lite curated marketplace of premium salons, spas and aesthetic clinics has raised $250k in the pre-seed funding round led by 100X.VC</li></ul>JULY 6, 2023, India:&nbsp;Following 100X.VC's funding LUZO raised round participation from angel investors like Yash Kotak (Founder of Jumper.ai) and Kabir Kulkarni, among others. The startup plans to use fresh funds to on-board more premium partners in Mumbai, Delhi and other metro cities.LUZO is building a tech driven business model in the beauty and wellness industry. It is a mobile friendly application aiming to be a one stop solution for personal care services while benefiting all involved in the ecosystem. An asset lite curated marketplace of premium salons."The importance and demand for the beauty and wellness services is rising in the minds of the aspirational Indian consumers. The rapidly growing consumer technology in the highly underserved service industry makes it the perfect time to bring a revolution," said Anurav Dave, founder and CEO, LUZO.In an official statement, LUZO said that it currently offers free booking without any pre-payment to its customers at 150-plus premium salons and spas in Mumbai and Pune by simply downloading the mobile app available on Google Play Store and Apple App Store. The company claimed that it has already booked and served over 4,000 appointments, with 74% returning customers, adding that it will also focus on better user experience and automation of processes to further fuel every step with technology using its app that is available for its customers as well as salon partners."We are excited to be the first investors in LUZO. It is pioneering an innovative and scalable business model for the fragmented salon and spa industry. This industry is growing rapidly and LUZO will provide the right path for the organized growth of salons and spas. We believe it has immense growth potential," said Ninad Karpe, partner, 100X.VC&nbsp;

LUZO had raised a cheque from 100X.VC as part of the Fund's Class 08 Portfolio. The round saw participation from angel investors like Yash Kotak and Kabir Kulkarni, among others. 

100X.VC Backed LUZO Raises $250k Pre-Seed Funding 

<ul><li style="text-align:justify;">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.</li><li style="text-align:justify;">With the completion of Class 10, 100X.VC now has a total of 142 investments since the launch of the fund in July 2019.</li></ul>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 &amp; 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&nbsp; has many game-changers, and the startups of Class 10 epitomize these promising opportunities."The Class 10 portfolio includes:<ul><li style="text-align:justify;">Arthum | Sector (<a href="https://arthum.co.in/">https://arthum.co.in/</a>): Fintech</li></ul>Solving working capital needs of SMEs.<ul><li style="text-align:justify;">Bepure | Sector (https://www.bepure.store/): Consumer Brand</li></ul>Digital first D2C brand of water purifiers for homes with a focus on Nanofiltration technology<ul><li style="text-align:justify;">Buckmint | Sector (https://buckmint.org/): ClimateTech</li></ul>Decentralized Exchange for Carbon Credit Trading<ul><li style="text-align:justify;">Cutbox | Sector (https://cutbox.in/): B2B Marketplace</li></ul>Restocking Kirana Stores in under 60 minutes<ul><li style="text-align:justify;">DailyBee | Sector (https://www.dailybee.in/): B2B SaaS</li></ul>Seller app to make it effortless for small and medium retailers to sell on ONDC<ul><li style="text-align:justify;">Datavio | Sector (https://datavio.co/): B2B SaaS</li></ul>AI-led marketplace intelligence and optimisation software for consumer brands<ul><li style="text-align:justify;">Flabs | Sector (https://flabs.in/): B2B SaaS</li></ul>Saas for managing diagnostic labs<ul><li style="text-align:justify;">Hatchfast | Sector (https://hatchfast.dev/): B2B SaaS</li></ul>No-Code AI Tool for Functional Test Automation<ul><li style="text-align:justify;">HYRGPT | Sector (https://www.hyrgpt.com/): HRTech</li></ul>Recruit Top Talent in Minutes with Gen-AI Co-Pilot<ul><li style="text-align:justify;">JoySpoon | Sector (https://joyspoon.in/): Consumer Brand</li></ul>Digital first D2C brand for a range of tasty and quality Indian Mouth Fresheners<ul><li style="text-align:justify;">MiClient | Sector (https://www.miclient.ai/): B2B SaaS</li></ul>Unified sales platform to close B2B sales deals 3 times faster.<ul><li style="text-align:justify;">Offside | Sector (https://www.offside.club/): Social Media</li></ul>An all-in-one social platform for cricket fans<ul><li style="text-align:justify;">Sprentzo | Sector (https://www.sprentzo.com/): ConsumerTech</li></ul>At source rental marketplace, providing top quality sports gear on demand<ul><li style="text-align:justify;">THAP | Sector (https://www.thap.app/): HealthTech</li></ul>India's first digital happiness gym<ul><li style="text-align:justify;">Wastefull Insights | Sector (https://www.wastefullinsights.com/): CleanTech</li></ul>Pioneering automated waste segregation through Robotics and Computer vision&nbsp;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 &amp; CAT I Alternate Investment Fund.

100X.VC announces Class 10 with 15 new funded startups with a total investment of USD 2.3 Mn, USD 160K per startup