SUMMARY
The VC fund has invested $160K in each startup, translating to a total investment of about $2.3 Mn through iSAFE notes
The 15 portfolio companies are from cities like Mumbai, Bengaluru, Delhi, Pune, Ahmedabad, Hyderabad, and Gurugram, among others
Since launch, the VC fund has backed 142 startups across 10 cohorts
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, Yagnesh Sanghrajka, and Vatsal Kanakiya, 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.
