As part of its eleventh cohort, 100X.VC has invested $2.7 million in 17 firms. Mehta Ventures, Sanjay Mehta’s family office investment division, is the fund’s sponsor.
Among the more than 1,500 startups in its pool, 100X.VC shortlisted 307 companies, choosing 17 for its eleventh cohort. Mumbai, Bengaluru, Delhi, Pune, Gurugram, and other Indian cities are among the eight cities from where these portfolio startups from.
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All of the 17 selected startups are Anyway.Pet Chef, Pettle, The Naturik Co., Baylink, Deepvue.tech, EasyReplenish, FUTR Studios, GoCodeo, Kroto, Openleaf, Origgo, Orbit Wallet, Kroto, Openleaf, and Zafo Technologies.
100X.VC has partnered with each founding team and invested Rs 1.25 crore in each firm. They will also offer mentorship to help them refine their product and Go-To-Market (GTM) plans.
100X.VC has invested in Class 11 startups in its new portfolio by using iSAFE notes. Since the fund’s inception in July 2019, 100X.VC has completed 161 investments in total, including Class 11.
On June 1, 2024, the firm announced the inclusion of additional portfolio businesses at the VC Pitch Day in Mumbai. More than 400 investors, including corporations, family offices, venture capital funds, and high net worth individuals, attended the event.
Ninad Karpe, Founder, 100X.VC, said: “We are excited to unveil our newest cohort, Class 11, which comprises 17 groundbreaking startups. With these additions, our portfolio now has investments in 161 early-stage startups,”
About 100X.VC
Founded in 2019 by Ninad Karpe, 100X.VC is the first VC to invest in early-stage startups using India SAFE Notes.100X.VC effectively becomes their coach, strategy consultant, investment banker, business mentor, and trusted advisor.
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