100X.VC has announced a new portfolio of 15 startups that it has funded through Class 10. In a statement, the VC fund claims to have invested $160K per startup, translating to a total investment of about $2.3 Mn through iSAFE notes.
Announcing the latest cohort, founder & partner of 100X.VC, Ninad Karpe said, “We are thrilled to announce our newest cohort, Class 10, consisting of 15 innovative startups…. We firmly believe that India’s early-stage startup landscape has many game-changers, and the startups of Class 10 epitomise these promising opportunities.”
Founded in 2019 by Sanjay Mehta, Ninad Karpe, Shashank Randev and Yagnesh Sanghrajka, 100X.VC is a sector-agnostic fund that invests in early-stage startups.
For its tenth cohort, 100X.VC shortlisted startups from a pool of more than 2,000 applications covering a wide spectrum of industries including fintech, climate tech, B2B SaaS, and more.
Since launch, the VC fund has backed 142 startups across 10 cohorts.
The 15 portfolio startups are from 9 Indian cities including Mumbai, Bengaluru, Delhi, Pune, Ahmedabad, Hyderabad, and Gurugram, among others.
Moreover, 100X.VC provided mentorship for product development and go-to-market (GTM) strategies to each founding team.
Here are the brief profiles of the 15 startups of Class 10
Arthum
Founded In: 2023
Founder: Darpan Sharma, Vishal Mishra
Headquarters: Delhi NCR
Sector: Fintech
Arthum addresses the working capital requirements of SMEs by offering growth-oriented financing and devising payment strategies through a bill discounting platform, supported by its network of partners and lenders.
Bepure
Founded In: 2016
Founder: Ninad Rajendra Sankhe, Sneha Patil
Headquarters: Mumbai
Sector: D2C Brand
Bepure is a direct-to-consumer, digitally-native brand specialising in home water purifiers that utilise advanced nanofiltration technology.
Buckmint
Founded In: 2023
Founder: Shaurya Chauhan, Mayank Chauhan, Ram Verma
Headquarters: Delhi NCR
Sector: Climate tech
Buckmint is a ReFi (Regenerative Finance) company, that utilises blockchain and Web 3.0 to address climate change issues, support conservation and biodiversity, and create a more equitable and sustainable financial system.
Cutbox
Founded In: 2023
Founder: Saurabh Agnihotri, Ziaul Hoda, Rajarshi Chattopadhyay
Headquarters: Pune
Sector: B2B Marketplace
CutBox is a B2B distribution platform designed to meet the specific needs of small retailers (Kirana stores), by restocking them in under 60 minutes.
Dailybee
Founded In: 2021
Founder: Snehith Budime, Satya Avasarala
Headquarters: Hyderabad
Sector: SaaS
DailyBee is a technology platform for small and medium-scale retailers to manage their store operations, engage with customers and sell on ONDC.
Datavio
Founded In: 2023
Founder: Mayank Prasoon, Kunal Parmani, Mukul Agarwal
Headquarters: Bengaluru
Sector: SaaS
Datavio offers AI-driven marketplace intelligence and optimisation software tailored for consumer brands in the ecommerce sector. The platform delivers crucial insights for enhancing digital shelf visibility and revenue, while also offering market trend forecasts, market share analytics, and competitive intelligence.
Flabs
Founded In: 2023
Founder: Harsh Jha, Ayush Chauhan, Yash Chaudhary, Dhwaj Gupta
Headquarters: Delhi NCR
Sector: SaaS
Flabs provides modern laboratory information management systems (LIMS) for diagnostic labs to streamline operations, connect with patients on WhatsApp and securely store medical data.
HatchFast
Founded In: 2023
Founder: Rajesh Kalane, Sachin Manohar Baiskar
Headquarters: Pune
Sector: SaaS
HatchFast serves as a no-code AI solution for automating functional tests. The platform purports to enable enterprises to swiftly transition their manual quality engineers and product owners into automation experts, all without the need for a learning curve.
HYRGPT
Founded In: 2023
Founder: Debi Kar, Sameer Dharap, Neha Mathur
Headquarters: Bengaluru
Sector: HRtech
HYRGPT is a generative AI platform that accelerates the hiring procedure with instant candidate evaluation and interviews.
JoySpoon
Founded In: 2022
Founder: Yash Mehta, Vaishali Mehta
Headquarters: Ahmedabad
Sector: D2C Brand
Joyspoon is a digital first D2C mouth fresheners brand.
MiClient
Founded In: 2018
Founder: Swati Sharma, Chandan Ghosh
Headquarters: Delhi NCR
Sector: SaaS
MiClient is a unified sales platform that provides a proposal management system and online client onboarding solution to close B2B sales deals 3 times faster.
Offside
Founded In: 2023
Founder: Shivam Kumar Jha, Rishav R
Headquarters: Bengaluru
Sector: Social Media
Offside is an all-in-one social media platform for cricket fans to participate in diverse cricket-related games & contests.
Sprentzo
Founded In: 2021
Founder: Piyush Jain, Pravruth BH
Headquarters: Bengaluru
Sector: Rentals
Sprentzo is an rental marketplace that provides top-quality sports gear on demand.
Thap
Founded In: 2023
Founder: Natasha Sagar, Tintisha Sagar
Headquarters: Bengaluru
Sector: Healthtech
Thap is India’s first digital happiness gym that enables users to build a happier and healthier mind. The startup claims to have over 100k+ downloads and over 60 years of cumulative healthcare experience.
Wastefull Insights
Founded In: 2020
Founder: Rishabh Shah, Manali Agarwal
Headquarters: Vadodara
Sector: Cleantech
Wastefull Insights is a waste management and analytics company that uses computer vision, AI and robots for efficient waste segregation reducing the cost of the traditional recycling methods and enabling higher value generation.
The post 100X.VC Invests $2.3 Mn In 15 Startups In Its 10th Cohort; Here’s The Full List appeared first on Inc42 Media.
