City
Epaper

100X.VC invests $2.7 million in 17 early-stage startups

By IANS | Updated: June 1, 2024 12:55 IST

Mumbai, June 1 Early-stage investment firm 100X.VC on Saturday said it has invested $2.7 million in 17 startups ...

Open in App

Mumbai, June 1 Early-stage investment firm 100X.VC on Saturday said it has invested $2.7 million in 17 startups in its 11th cohort.

These startups are based in Mumbai, Bengaluru, Delhi, Pune and Gurugram, among other cities.

“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.

The VC Pitch Day saw more than 400 investors. 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.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

NationalMurshidabad violence: Family accepts compensation of LoP after declining from Bengal govt

NationalHaryana CM Nayab Singh Saini Announces Rs 50 Lakh Compensation, Job for Family Member of Navy Officer Killed in Pahalgam Terror Attack

InternationalHamas delegation arrives in Cairo for Gaza ceasefire talks

Other SportsOlympics is making golf less elitist and more for the people, says R&A’s Roger Bathurst

InternationalPresident Murmu attends Pope Francis' funeral in Vatican City

Business Realted Stories

BusinessMillions benefited from Ayushman health cards, now is the time for Delhi: Hardeep Puri

BusinessViksit Bharat will be driven by start-ups and innovation: IIT Madras Director

BusinessIndia sees robust 10.35 pc annual growth in domestic airline passengers in FY25

BusinessSwiggi Instamart to create dedicated 'cooperative' category on its platform, signs MoU

BusinessIDFC FIRST Bank posts nearly 60 pc net profit loss at Rs 295.6 crore in Q4 FY25