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HomeInsightNews & Update100X.VC forms venture capital arm with Pidilite Industries

100X.VC forms venture capital arm with Pidilite Industries

100X.VC is a SEBI registered CAT I AIF that has partnered with Pidilite Industries to discover, nurture and fund early-stage startup companies which can leverage & scale with the help of the Pidilite brand, distribution and infrastructure.
100X.VC & Pidilite Ventures

100X.VC is a SEBI registered CAT I AIF that has partnered with Pidilite Industries to discover, nurture and fund early-stage startup companies which can leverage & scale with the help of the Pidilite brand, distribution and infrastructure.

Pidilite Ventures will work to mentor and direct creative firms that can benefit from the core and supplementary operations of Pidilite.

Pidilite Ventures’ goal is to help the startup scale its idea and be a successful business. With the Pidilite partnership, they bring access to a large pool of industry experts who are aligned to help entrepreneurs accelerate their business.

Read also – [Funding alert] Centricity raises $4 mn in a pre-seed round

Apurva Parekh, Executive Director, Pidilite Industries, 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.”

100X.VC is the first Venture Capital firm to invest in early stage startups using founder friendly India SAFE Notes. 100X believes entrepreneurs have the capacity to accomplish audacious dreams. They are on a singular mission to help their portfolio founders scale, grow, and succeed.

Yagnesh Sanghrajka, Founder and CFO, 100X.VC said, “We are excited to partner with Pidilite group for Pidilite Ventures. One of 100X.VC’s core value is to be a rising tide for start-ups. 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 start-ups will experience in the future.”

Read also – MeitY Partners Meta to Support 40 XR Startups

Pidilite Ventures invest in early-stage startups & work closely with founders, mentor the teams with solutions in specific key biz areas viz product, pricing, go to market, fundraising and financial modelling.

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