100X.VC, India’s first venture capital (VC) fund to invest in startups using iSAFE notes, has funded 22 startups through Class 09. The new set of portfolio companies were announced during the in-person VC Pitch Day, which was held in Mumbai on Saturday 24 June, 2023.
The Pitch day was attended by over 400 investors which included HNIs, Family Offices, Venture Capital Funds and Corporations. 100X.VC has invested INR 1.25 crore in per startup, worked closely with each founding team and mentored them to enhance their product, GTM before announcing them at the VC Pitch Day.
The fund operates on a Class-based investment model and invests in startups across sectors before starting the class. 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 cos. hail from 11 cities: Mumbai, Bangalore, Delhi, Pune, Ahmedabad, Noida, Kolkata and more.
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 Class 09 portfolio includes:
● abCoffee | Sector: Food and Beverage
India’s first Grab-n-Go QSR specialty coffee chain at honest prices
● Airbook | Sector: B2B SaaS
A Collaborative data workspace for revenue and data teams
● Bansiwala | Sector: Food and Beverage
One stop destination for authentic Agra Petha
● BreatheESG | Sector: Climate Tech, B2B SaaS, RegTech
Enterprise SaaS to streamline sustainability management
● ColabTools | Sector: B2B SaaS – ConstructionTech
The Ultimate SaaS intelligence tool for Construction Companies.
● Curlin | Sector: Consumer Brand
India’s first professional hair care brand for curly and wavy hair grooming
● Enrico | Sector: Consumer brand
India’s 1st Light Pollution Blocking Eyewear Brand
● Epicure Robotics | Sector: Food Tech
Fast casual restaurant chain with an in-house robotic kitchen
● Happi Planet | Sector: Consumer Brand
Natural & Chemical Free Home Hygiene Brand
● Pikndel | Sector: Logistics
Shared dark stores & same day delivery services for consumer brands
● Rannkly | Sector: B2B SAAS
Reputation and Social Media management software for businesses
● ReThought | Sector: Managed Marketplace
Discover, buy and sell thrift fashion
● Recipeat | Sector: HR Tech
Recruitment SaaS+Marketplace for Restaurants and Hotels to hire 3x faster
● Ribin | Sector: Lifestyle, B2C
Experience gifting platform replacing traditional gifts with memorable experiences
● Roopya | Sector: Fintech
A ‘Specified User Fintech’ powering Lenders with Data, Insights and Analytics
● Seek | Sector: HealthTech
Tech- driven coach led mindfulness solution
● Spicta | Sector: Consumer Brand
New age D2C Oral Care brand with clean ingredients backed by science
● TRIKL| Sector: AI, SaaS, B2B
AI Powered Community Management SaaS
● WomanlikeU | Sector: Consumer Brand
Vacation wear brand for women that guarantees a perfect fit for all body types
● Wyse | Sector: Consumer Social
Community driven collaboration platform for professionals across the globe
● Xetgo | Sector: Managed Marketplace
B2B Platform for Custom Packaging
● Xylem AI | Sector: B2B SaaS
Generative AI-powered search for work apps
About 100X.VC:
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. 100X.VC is SEBI-registered Investment Adviser & CAT I Alternate Investment Fund.
