100X.VC, India’s early-stage venture capital firm has announced the fifth edition of its VC Pitch Day, ‘Class 05’. The all-online showcase, by invite only, will be held on 24th and 25th September 2021 and is expected to receive the participation of 1,000+ investors from all over the world.
Launched in 2019, 100X.VC is an innovation-driven venture capital firm that invests in startups via iSAFE notes. iSAFE notes are pioneered by the VC firm itself and have now become a popular capital-investing instrument for early-stage startups across the industry by angel investors. 100X portfolio cos has created 470+ jobs to date.
Speaking about the event, Ninad Karpe, Partner, 100X.VC, said, “We are delighted to announce ‘Class 05 VC Pitch Day’ where the latest batch of 100X.VC’s portfolio companies will be showcased. The founders of the selected startups have gone through rigorous mentoring by the team at 100X and have also been exposed to 100+ hours of masterclasses from industry experts. Needless to say, these startups are well-prepared for the next phase of growth and we are confident that they will be able to rapidly scale their businesses in the future.”
“We, at 100X.VC, discover, invest and nurture moonshot ideas. We work closely with the VC community to help them with credible deal flow. The 50 portfolio companies together have raised US$ 15 million+ till date post ‘VC Pitch Day’ reaching an average of US$ 300k. A few companies have successfully scaled since their seed round, and are now looking to raise their Pre-Series A / Series A round while we continue to invest in breakthrough ideas,” said Yagnesh Sanghrajka, Founder and CFO, 100X.VC.
100X.VC acts as a “discovery platform” for VCs and Early-stage Investors with its unique investment thesis. They have one of the largest pools of investors and follow a robust screening methodology, wherein it transfers equitable benefits to both the investors and 100X Portfolio startups and all this is available at no cost/fee to either the founders or investors.