Homegrown early-stage venture capital firm 100X.VC has made a significant move by investing INR 22.4 Cr ($2.6 Mn) in 17 startups as part of its 11th cohort. This marks a notable step in the journey of these startups, providing them with not just financial backing but also the necessary mentorship to thrive in their respective fields. The selection was made from a pool of more than 1,500 startups, whittling down to 307 shortlisted firms, and finally, 17 were chosen. Here’s a closer look at the startups that made the cut.
Anyway.ai
- Founded: 2023
- Founders: Rohan Athawade, Mayank Nahata
- Headquarters: Maharashtra
- Sector: B2B, SaaS, DeepTech, AI
Anyway.ai provides AI-driven solutions to enhance data availability, adequacy, and quantity. Their focus is on catering to the growing demands of the AI sector, helping businesses make more informed decisions based on improved data insights.
Baylink
- Founded: 2023
- Founders: Sakshat Gandhi, Siddharth Prakash, Dhara Bhasin, Arihant Jain
- Headquarters: Delhi
- Sector: B2B, RetailTech
Baylink aims to bridge the gap between data and distribution. Their technology solutions make offline retail more accessible for brands, ensuring that even small businesses can compete in a data-driven market.
Deepvue.tech
- Founded: 2021
- Founders: Chandra Shekhar, Gaurav Arya
- Headquarters: Delhi
- Sector: B2B, Fintech, SaaS, API
Deepvue.tech streamlines data management for FinTech companies, offering clean and real-time customer insights. This facilitates informed decision-making throughout the customer journey, improving overall business efficiency.
EasyReplenish
- Founded: 2022
- Founders: Dhruv Srivastava, Varun Ravula
- Headquarters: Gurugram
- Sector: B2B SaaS, Enterprise SaaS, API
EasyReplenish offers inventory optimization software for apparel and accessories e-commerce businesses. Their solution helps companies maintain optimal inventory levels, reducing costs and improving customer satisfaction.
FUTR STUDIOS
- Founded: 2022
- Founders: George Tharian, Himanshu Goel
- Headquarters: Bengaluru
- Sector: B2C, MarTech, Virtual AI
FUTR STUDIOS specializes in creating lifelike virtual influencers. Their flagship creation, Kyra, has gained immense popularity with over 300,000 social media followers and collaborations with major brands like Titan, ITC, L’Oreal, and Amazon Prime Video.
GoCodeo
- Founded: 2023
- Founders: Meghana J, Jatin Garg
- Headquarters: Bengaluru
- Sector: B2B, SaaS, DevTools, AI
GoCodeo automates software testing using AI. By integrating contextual understanding and code intelligence, they streamline the testing process, making it more efficient and effective for developers.
Hummsa Biotech
- Founded: 2022
- Founders: Harshad Lalwani, D Swapnil Sinha
- Headquarters: Kolkata
- Sector: B2B, Healthtech, Deeptech
Hummsa Biotech focuses on providing fast and affordable pathology results, making healthcare more accessible. Their innovative solutions aim to reduce the cost and time associated with diagnostic testing.
Kroto
- Founded: 2023
- Founders: Rose Kamal Love, Yuvraj Singh, Yasir Parvez
- Headquarters: Uttar Pradesh
- Sector: B2B, SaaS
Kroto.one is an AI-powered SaaS platform that generates professional-grade product tutorials in minutes. It helps businesses create high-quality videos and step-by-step guides for customer education, onboarding, and employee training.
Openleaf
- Founded: 2023
- Founders: Nikhil Kumar Gautam, Sahil Nare
- Headquarters: Maharashtra
- Sector: B2B, SaaS, API, Logistics
Openleaf provides a comprehensive logistics API solution. Their platform enables businesses to integrate and optimize their logistics processes, enhancing efficiency and performance.
Origgo
- Founded: 2024
- Founders: Priti Zod, Shyam Sreechandrababu
- Headquarters: Gurugram
- Sector: B2C, D2C, F&B
Origgo offers freshly ground flour made using traditional methods. Their products preserve natural goodness without chemicals or preservatives, catering to health-conscious consumers.
Orbit Wallet
- Founded: 2023
- Founders: Harshvardhan Zaveri, Shikha Chouksey, Aman Bisht
- Headquarters: Bengaluru
- Sector: B2C, Fintech
Orbit Wallet is a versatile card that enables users to shop online, make in-store purchases, and manage payments for metros, buses, tolls, and parking facilities nationwide. It aims to simplify and consolidate multiple payment methods into one.
PetChef
- Founded: 2024
- Founders: Nayan Shah, Akshay Patel, Nakul Ruparel
- Headquarters: Mumbai
- Sector: B2C, D2C, F&B, Pet Tech
PetChef offers freshly cooked, high-quality meals for dogs made from human-grade ingredients. Their focus is on providing optimal nutrition and care for pets, catering to a growing market of pet owners who want the best for their animals.
Pettle
- Founded: 2022
- Founders: Sagar Gwalani, Yash Kumar
- Headquarters: Maharashtra
- Sector: B2B, SaaS, Pet Tech
Pettle is creating digital IDs for pets. These IDs facilitate secure organization of pet data for owners and enable data-driven decisions for pet businesses, improving pet care and management.
The Naturik Co
- Founded: 2022
- Founders: Sahil Vohra, Isha Chadha
- Headquarters: Delhi
- Sector: B2C, F&B
The Naturik Co deals in millet and wholegrain products. They offer high-protein Indian breakfasts free of preservatives, sugar, and maida, catering to health-conscious consumers seeking nutritious and convenient food options.
Whitetable
- Founded: 2022
- Founders: Kamal Kant Gupta, Devvarat Meena
- Headquarters: Bengaluru
- Sector: B2B, SaaS, API
Whitetable helps businesses build intelligent AI APIs for ultra-fast, optimal hiring. Their solutions aim to streamline the recruitment process, making it more efficient and effective for companies.
Zircle
- Founded: 2023
- Founders: Selna Saji
- Headquarters: Gurugram
- Sector: B2C, Marketplace, Climatetech
Zircle simplifies access to clean energy by providing user-friendly solutions and guidance. They aim to alleviate the complexity often associated with navigating energy options, serving as a reliable companion in the transition to sustainable energy.
Zafo Technologies
- Founded: 2023
- Founders: Prasoon Sudhakaran, Abanish S Vijay
- Headquarters: Bengaluru
- Sector: B2B, Marketplace
Zafo is an online marketplace connecting businesses with curated service providers. They offer services in marketing, recruitment, and engineering, helping companies find the right partners to drive their growth.
100X.VC’s Impact and Vision
Since its inception in July 2019, 100X.VC has made a total of 161 investments, establishing itself as a key player in India’s early-stage startup ecosystem. Founded by Sanjay Mehta, Ninad Karpe, Shashank Randev, Yagnesh Sanghrajka, and Vatsal Kanakiya, 100X.VC is a sector-agnostic fund dedicated to nurturing startups from various industries.
Ninad Karpe, founder and partner at 100X.VC, stated, “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.”
The firm’s commitment extends beyond financial investment. Each startup in the 11th cohort received over 100 hours of mentorship, involving close collaboration with founding teams to enhance their product offerings and go-to-market strategies. This mentorship is crucial in helping startups navigate the challenges of early-stage growth and build a solid foundation for future success.
The Road Ahead
The future looks promising for the startups backed by 100X.VC. With the support of over 400 investors, including high net worth individuals (HNIs), family offices, venture capital funds, and corporations, these startups are well-positioned to make significant strides in their respective fields.
By providing not only funding but also essential mentorship and industry connections, 100X.VC is playing a pivotal role in shaping the next generation of successful startups in India. As these companies grow and evolve, they are set to contribute to the dynamic and ever-expanding startup ecosystem in India, driving innovation and economic growth.
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