Homegrown early stage venture capital firm 100X.VC has invested INR 23.3 Cr ($2.7 Mn) in 18 startups as part of its 12th cohort.
For this cohort, 100X.VC picked 18 startups out of 304 shortlisted from a pool of more than 1,900 startups.
The portfolio includes companies such as Cellarim Labs, Clodexa, Currychief, Dualite, Famyo, Gape Labs and Numberlabs among others.
The VC fund claims to have made a total of 180 investments since its launch in July 2019.
Founded 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.
Following the investment, 100X.VC provided each startup with over 100 hours of mentorship, which involved close collaboration with the founding teams to enhance their product offerings and go-to-market strategies.
These portfolio companies are based in 8 cities, including Bengaluru, Chennai, Kolkata, Gandhinagar, and Gurugram among others.
Ninad Karpe, founder and partner at 100X.VC, said, “We are excited to unveil our newest cohort, Class 12, which comprises 18 groundbreaking startups. With these additions, our portfolio now has investments in 180 early-stage startups. In this cohort, our startups span diverse sectors such as B2B SaaS, Gaming, RegTech, Textile, Consumer, and Bio Tech. We are confident that India’s early-stage startup ecosystem is brimming with transformative potential, and the startups in Class 12 exemplify these promising opportunities.”
Over 400 investors such as high net worth individuals (HNIs), family offices, venture capital funds, and corporations, were also present at the VC pitch day held in Mumbai.
Here are the brief profiles of the 18 startups of Class 12: Cellarim LabsCellarim Labs is a chemical manufacturing company in Bengaluru that develops biomanufacturing solutions.
ClodexaClodexa is an AI-powered sales automation platform designed to transform the way businesses generate, qualify, and convert leads.
CurryChiefCurryChief sells cooking kits and pastes for regional Indian dishes in the D2C and F&B segment.
DualiteDualite is a designing tool that will convert Figma static and interactive designs animations into quality code, effectively taking companies faster into production.
FamyoFamyo works in the furniture space looking to expand into a wider range of home furnishing products designed exclusively for children, providing parents with thoughtfully curated options to create cohesive and joyful spaces.
Gape LabsGape Labs is a technology company that aspires to create meaningful and memorable digital experiences that influence and touch millions of hearts.
NumberlabsNumberLabs offers a comprehensive and robust technology stack that helps to extract insights from complex payments data that is typically hard to access.
NuModeNuMode specializes in work uniforms, workwear, and protective apparel. Customized polo for team, customized hoodies for offsite, comprehensive work uniform program for businesses.
PiePayPiePay offers discounts, offers, deals, online shopping, credit cards, and credit card benefits in the digital payments solution space.
PlaySuperPlaySuper, is into mobile gaming and brand engagement using white-labeled SDK/API empowers Hyper-Casual, Casual, and Mid-Core game studios to enhance user retention, increase ad revenue, and unlock new monetization opportunities.
PropallPropall is a B2B SaaS company built for architects and construction companies to generate hyper-realistic 3D walkthroughs of unbuilt real-estate instantly using AI.
ScoutfloScoutflo offers an automated GitOps platform for deploying and managing open-source apps on Kubernetes, reducing DevOps dependencies.
SelkeaSelkea.ai is a compliance platform that simplifies and automates compliance processes. It leverages advanced AI and machine learning technologies to help our clients stay ahead of ever-changing regulations
SupaboardSupaboard helps businesses manage their data and generate dashboards and tools using plain English.
TradoTrado is a B2B trading company offering tools in the trading space for retailers.The current Trading Terminal has MTM Tgt/SL, One-click trades, Close All Position, Manual Tgt/SL, live MTM updates, predefined Auto Tgt/SL, automatic Limit and SL-Limit orders, Order Slicing & instant market orders on options.
LoomizLoomiz integrates technology and expertise to simplify global fashion brands design and manufacture their products.
TroakTrado is a platform for creating, discovering and playing interactive stories.
ZenmaZenma is a manufacturer and supplier of frozen espresso shots designed to simulate the flavour of freshly brewed coffee.
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