100X.VC partners with Pidilite Industries for venture capital arm
- ByStartupStory | September 14, 2022
Mumbai based Venture capital fund, 100X.VC has announced a partnership with Pidilite Industries for the latter’s venture arm, known as Pidilite Ventures.
Pidilite Ventures will strive to mentor and direct creative firms that can benefit from the core and supplementary operations of Pidilite.
“We are excited to partner with 100X.VC. They have been instrumental in identifying some compelling investment opportunities for Pidilite Ventures and we look forward to a long and fruitful association,” said Apurva Parekh, executive director, Pidilite Industries.
“One of 100X.VC’s core value is to be a rising tide for startups. A rising tide lifts all boats and creates a profound multiplier effect. At 100X, there is a strong belief that innovation thrives with collaboration, and this is what Pidilite-backed startups will experience in the future,” said Yagnesh Sanghrajka, founder and chief finance officer of 100X.VC.
100X.VC is keen on discovering category-defining firms and to assist large organisations in gaining access to research and innovation, it also provides venture capital as a service (VaaS) with a multi-stage investment thesis for startups that define their respective categories.
About 100.VC
Founded in 2019, 100X.VC is a venture capital firm based in Mumbai, India. The firm invests in seed-stage and early-stage companies and seeks to make investments using iSAFE in 100 startups in a year.
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