Early-stage investment firm 100X.VC invests $2.7 million in 17 startups

100X.VC, an early-stage investment firm, has invested $2.7 million in 17 startups in its 11th cohort, the company said in a press release today, June 1. These startups are based in Mumbai, Bengaluru, Delhi, Pune and Gurugram, among other cities.

There were more than 400 investors on the VC Pitch Day.

 “With these additions, our portfolio now has investments in 161 early-stage startups. In this cohort, our startups span diverse sectors such as B2B SaaS, API, healthtech, climate-tech, food and beverage and pet-tech,” said Ninad Karpe, founder and partner, 100X.VC.

100X.VC said it collaborated with each founding team, providing mentorship to improve their product and go-to-market (GTM) strategies. 

For its Class 11 this year, 100X.VC selected 17 companies out of 307 shortlisted from a pool of more than 1,500 startups.

100X.VC is a SEBI-registered 'CAT I Alternate Investment Fund'. The VC firm is sponsored by Mehta Ventures, the Family Office Investment arm of Sanjay Mehta.

The Global Unicorn Summit 2024 in partnership with Zee Business is a ground-breaking gathering designed to catalyse the next generation of billion-dollar companies. Driven by a vision to accelerate India's start-up landscape, Global Unicorn Summit 2024 in partnership with Zee Business will bring together founders, investors, mentors, and industry leaders for immersive workshops, strategic networking, and keynote presentations by renowned global figures. To register, visit globalunicornsummit.com. #globalunicornsummit #GUS2024 #startups