Homegrown venture capital firm 100X.VC has announced an investment of INR 22.4 Cr ($2.6 Mn) in 17 startups as part of its 11th cohort.
This investment marks a significant milestone for the firm, which selected these startups from a competitive pool of over 1,500 applications, narrowing it down to 307 shortlisted candidates.
Founded by Sanjay Mehta, Ninad Karpe, Shashank Randev, Yagnesh Sanghrajka, and Vatsal Kanakiya, 100X.VC is renowned for its sector-agnostic approach, focusing on early-stage startups.
The portfolio of the 11th cohort features a diverse range of companies, including Anyway.ai, Baylink, Deepvue.tech, EasyReplenish, FUTR STUDIOS, GoCodeo, Hummsa Biotech, Kroto, and Openleaf, among others.
These startups are pioneering in various fields such as B2B SaaS, fintech, healthtech, climatetech, and pet tech.
Ninad Karpe, founder and partner at 100X.VC, highlighted the transformative potential of these startups, stating, “Our portfolio now spans across various sectors, including B2B SaaS, API, healthtech, climatetech, food & beverage, and pet tech. These startups exemplify the transformative potential of India’s early-stage startup ecosystem.”
As part of the investment, 100X.VC provided each startup with over 100 hours of mentorship.
This involved close collaboration with the founding teams to enhance their product offerings and go-to-market strategies.
The mentorship program aims to equip these startups with the necessary tools and insights to scale their businesses effectively.
The VC pitch day, held in Mumbai on June 1, saw the participation of over 400 investors, including high net worth individuals (HNIs), family offices, venture capital funds, and corporations.
This event provided a platform for the startups to showcase their innovative solutions and secure additional funding opportunities.
Spotlight on the 17 Startups of 100X.VC’s 11th Cohort
Anyway.ai: Founded by Rohan Athawade and Mayank Nahata in 2023, this Maharashtra-based startup offers AI-driven solutions to enhance data availability and adequacy for the AI sector.
Baylink: Established in 2023 by Sakshat Gandhi, Siddharth Prakash, Dhara Bhasin, and Arihant Jain, Baylink from Delhi focuses on making offline retail accessible for brands through innovative retail technology solutions.
Deepvue.tech: Founded in 2021 by Chandra Shekhar and Gaurav Arya in Delhi, Deepvue.tech streamlines data management for fintech companies by offering real-time customer insights.
EasyReplenish: This Gurugram-based company, founded in 2022 by Dhruv Srivastava and Varun Ravula, provides inventory optimization software for apparel and accessories e-commerce businesses.
FUTR STUDIOS: Established in 2022 by George Tharian and Himanshu Goel in Bengaluru, FUTR STUDIOS creates lifelike virtual influencers, gaining popularity with major brand collaborations.
GoCodeo: Founded by Meghana J and Jatin Garg in 2023, this Bengaluru-based startup automates software testing using AI, improving efficiency through contextual understanding and code intelligence.
Hummsa Biotech: This Kolkata-based healthtech startup, founded in 2022 by Harshad Lalwani and D Swapnil Sinha, aims to make healthcare accessible by providing fast and affordable pathology results.
Kroto: Founded in 2023 by Rose Kamal Love, Yuvraj Singh, and Yasir Parvez in Uttar Pradesh, Kroto offers a platform for creating and selling interactive courses, generating professional-grade tutorials swiftly.
Openleaf: Established in 2023 by Nikhil Kumar Gautam and Sahil Nare in Maharashtra, Openleaf provides comprehensive logistics API solutions for enhanced business efficiency.
Origgo: This Gurugram-based startup, founded in 2024 by Priti Zod and Shyam Sreechandrababu, offers freshly ground flour made using traditional methods, ensuring chemical-free preservation of natural goodness.
Orbit Wallet: Founded by Harshvardhan Zaveri, Shikha Chouksey, and Aman Bisht in 2023, this Bengaluru-based fintech startup provides a secure and convenient digital wallet platform for online transactions.
PetChef: Established in 2024 by Nayan Shah, Akshay Patel, and Nakul Ruparel in Mumbai, PetChef delivers freshly cooked, high-quality meals for dogs, made from human-grade ingredients.
Pettle: Founded in 2022 by Sagar Gwalani and Yash Kumar in Maharashtra, Pettle offers an online platform for pet care services, including veterinary consultations, grooming, and pet supplies.
The Naturik Co: This Delhi-based startup, founded in 2022 by Sahil Vohra and Isha Chadha, creates protein-rich, vegan breakfast options to address dietary challenges and health issues.
Whitetable: Established in 2022 by Kamal Kant Gupta and Devvarat Meena in Bengaluru, Whitetable builds intelligent AI APIs to facilitate ultra-fast, optimal hiring processes.
Zircle: Founded by Selna Saji in 2023, this Gurugram-based climatetech startup simplifies access to clean energy by offering user-friendly solutions and guidance.
Zafo Technologies: Established in 2023 by Prasoon Sudhakaran and Abanish S Vijay in Bengaluru, Zafo is an online marketplace connecting businesses with curated service providers in marketing, recruitment, and engineering services.
