"100X.VC is an excellent initiative that will support early stage companies and thereby strengthen the thriving VC ecosystem in India. More than just the capital, 100X.VC’s vision to provide mentorship, resources and expertise would help the founders to adopt best practices and build sustainable, capital efficient businesses. A differentiated approach through the use simplistic, standardized terms for the deal and a peg to future valuations makes the early stage fund raising process more efficient and ensures founders focus on building the business (than just fund raising).
100X.VC would be a high quality sourcing channel for us at Norwest Venture Partners as we participate in mid to late stage venture deals. Sanjay has been a successful angel investor in the past and we have extremely high regards for what he has achieved. We look forward to partnering with 100X.VC in the future."