100X.VC announces 25 Startups in Class 08 portfolio; each receives 1.25 Cr from the venture
- ByStartupStory | January 22, 2023
100x.vc, a venture capital fund based in Mumbai, has announced the addition of 25 startups to its Class 08 portfolio.
Each of these startups has received Rs 1.25 crore from 100X.VC. The startups were announced today at the in-person VC Pitch Day in Mumbai.
According to the company, 100X.VC has worked closely with each founding team, mentoring them to improve their product and help them scale.
The fund invests in startups across industries using a class-based investment model. This year, 100X.VC had 669 companies shortlisted from 4,748 applications in its Class 08 portfolio.
The 25 chosen startups are Zeron, TheLittle Farm Co., Credwise, Adsys, Shyft, Sukham, MetaShop, Rocca, AlpyneLabs, ThinkMetal, Vodex, 50Fin, GreenKin, ByajBook, Metabrix, Swasthya.ai, Minifeel, DAOstruct, Aliste, Dolf, Plug, Dr.Mantra, OpenOffers, Luzo, and Zing.
The startups are based in 11 cities—Mumbai, Bangalore, Delhi, Pune, Jaipur, Hyderabad, Bhopal, Chennai, Noida, Kolkata, and Varanasi.
“We are delighted to share that we have surpassed our 100-investments goal in 3.5 years since the launch of 100X.VC. We believe these founders are building moonshots in their respective sectors and are excited to be part of their journey,” said Ninad Karpe, Partner, 100X.VC.
Since its inception in July 2019, 100X.VC has completed 100 investments, including the Class 08 portfolio.
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