100X.VC Funds 22 Startups, Invests a Total of USD 3.4MN The new set of portfolio companies were announced during the in-person VC Pitch Day, attended by over 400 investors which included HNIs, Family Offices, Venture Capital Funds and Corporations in Mumbai.

By Priya Kapoor

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

The 100X.VC fund operates on a class-based investment model and has so far funded 127 startups across various sectors.

100X.VC on Saturday announced an investment of USD 3.4 million in 22 startups through its Class 09, which works out to be a investment of USD 160K per startup. The new set of portfolio companies were announced during the in-person VC Pitch Day, which was attended by over 400 investors which included HNIs, Family Offices, Venture Capital Funds and Corporations in Mumbai.

The fund, that operates on a class-based investment model, worked closely with each founding team and mentored them to enhance their product, GTM before announcing them.

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 companies hail from 11 cities including Mumbai, Bangalore, Delhi, Pune, Ahmedabad, Noida, Kolkata and more.

On the funding, 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 22 startups that bagged funding includes abCoffee, Airbook, Bansiwala, BreatheESG, ColabTools, Curlin, Enrico, Epicure Robotics, Happi Planet, Pikndel, Rannkly, ReThought, Recipeat, Ribin, Roopya, Seek Spicta, TRIKL,WomanlikeU, Wyse, Xetgo, Xylem.aI.

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.

Priya Kapoor

Former Feature Editor

Priya holds more than a decade of experience in journalism. She has worked on various beats and was chosen as a Road Safety Fellow in 2018, wherein she produced many in-depth & insightful features on road crashes in India. She writes on startups, personal finance and Web3. Outside of work, she likes gardening, driving and reading. 

 

 

 

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

News and Trends

Recur Club Announces Credit Offerings for Startups Beyond Series A and SMEs

In FY 24–25, the platform also plans to deploy an additional INR 2000 crores through its Recur Swift program for startups.

News and Trends

Astra Security Closes USD 2.7 Mn Funding Round Led by Emergent Ventures to Boost AI Integration in Cybersecurity

The fresh funding will enhance cloud vulnerability detection and integrate AI to empower developers and security engineers in building advanced, real-time security detection capabilities.

News and Trends

Ananya Birla Ventures into the Beauty and Cosmetics Market

Having already established herself as a business leader with Svatantra Microfin, one of India's largest microlending firms, Ananya is set to introduce a range of beauty and personal care brands nationally by 2025.