100X.VC a seed stage CAT 1 VC Fund partners with Pidilite Industries for the latter’s venture arm called Pidilite Ventures. Pidilite Industries operates in speciality chemicals such as adhesives, construction chemicals and sealants. As a part of the partnership, 100X.VC will collaborate with Pidilite Ventures to identify strategic investment opportunities for them.
Pidilite Ventures will aim to mentor and guide innovative businesses that have synergies with Pidilite’s core and adjacent businesses.
Apurva Parekh, Executive Director, Pidilite Industries, said, “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.”
Yagnesh Sanghrajka, Founder and CFO, 100X.VC said, “We are excited to partner with Pidilite group for Pidilite Ventures. One of 100X.VC’s core value is to be a rising tide for start-ups. 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 start-ups will experience in the future.”
100X.VC is focused on discovering category-defining businesses. 100X.VC also offers Venture Capital as a Service (VaaS) with a unique multi-stage investment thesis.