100X is a venture capital fund based in Mumbai. VC 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. Since its inception in July 2019, 100X.VC has completed 100 investments, including the Class 08 portfolio.
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.
Zeron, 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 are among the 25 startups chosen.
Mumbai, Bangalore, Delhi, Pune, Jaipur, Hyderabad, Bhopal, Chennai, Noida, Kolkata, and Varanasi are among the 11 cities represented.