Mumbai-based enterprise capital fundhas introduced 25 startups as a part of its Class 08 portfolio. 100X.VC has invested Rs 1.25 crore in each of those startups.
The startups had been introduced in the course of the in-person VC Pitch Day, held in Mumbai in the present day.
100X.VC has labored carefully with each founding staff and has mentored them to reinforce their product and assist them scale, the corporate stated. With the completion of the Class 08 portfolio, 100X.VC has crossed 100 investments since its launch in July 2019.
The fund operates on a class-based funding mannequin and invests in startups throughout sectors. In its Class 08 portfolio this yr, 100X.VC had shortlisted 669 corporations, from 4,748 purposes.
The 25 chosen startups are Zeron, TheLittle Farm Co., Credwise, Adsys, Shyft, Sukham, MetaShop, (*25*), AlpyneLabs, ThinkMetal, Vodex, 50Fin, GreenKin, ByajBook, Metabrix, Swasthya.ai, Minifeel, DAOstruct, Aliste, Dolf, Plug, Dr.Mantra, OpenOffers, Luzo, and Zing.
The startups hail from 11 cities—Mumbai, Bangalore, Delhi, Pune, Jaipur, Hyderabad, Bhopal, Chennai, Noida, Kolkata, and Varanasi.
“We are delighted to share that we now have surpassed our 100-investments aim in 3.5 years for the reason that launch of 100X.VC. We imagine these founders are constructing moonshots in their respective sectors and are excited to be a part of their journey,” stated Ninad Karpe, Partner, 100X.VC.