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Sanjay Mehta’s 100X.VC Announces Fourth Batch Of 11 Early-Stage Startups

These 11 startups were shortlisted from 1,715 applications

100X.VC has to date invested in 50 startups

The firm has also launched an initiative to educate startup founders in the art of raising funds

Serial investor Sanjay Mehta led 100x.VC has announced 11 seed-stage startups that will be part of the fund’s Class 04 portfolio. The 11 startups were shortlisted from 1,715 applications, of which 446 had passed the initial screening processes. 

This new batch of startups brings the current tally of 100X.VC’s portfolio to 50, of which 20 were part of Class 01 investments, 9 from Class 02 and 10 from Class 03.

Founded in 2019 by serial investor Mehta, 100x.VC aims to make 100 investments every year. 

The firm uses India Safe notes or iSAFE notes (India Simple Agreement for Future Equity) for these investments. iSAFE notes are an alternative to convertible notes used for investments. They involve greater scrutiny. The method allows an investor to make cash investments in return for a convertible instrument to buy shares in a future priced round.

Meet The 11 Startups That Are Part Of 100X.VC’s Class 04

Headquarters: Mumbai
Sector: SaaS

Bhyve is a Future of Work SaaS platform that helps companies document and democratise the tacit knowledge of their employees and launch peer learning networks at organisations. Bhyve claims to enhance employee productivity by 35% and reduce time lost to search by 30%.

Headquarters: Chennai
Sector: SaaS

The SaaS startup helps field servicing companies to better manage their on-field teams. The platform allows business managers and owners to create and deploy custom applications through a simple workflow builder.

Headquarters: Pune
Sector: EnergyTech

Powerbot offers energy analytics service that helps industries and commercial buildings to optimise their electricity usage.

Headquarters: Trivandrum
Sector: Edtech

Inzpira is a curated marketplace for live English Language learning that allows students to instantly connect with a trainer and learn anytime, from anywhere.

Kroop AI
Headquarters: Gandhinagar
Sector: Deeptech

Kroop AI is empowering organisations with deepfake detection services to help them authenticate audio and video samples.

Creators Club
Headquarters: Mumbai
Sector: Fintech

CRE.CLUB allows shoppers to pay by social media post at point of sale. 

Headquarters: Delhi NCR

Sector: SaaS

Talkie is a voice-only, real-time chat platform for remote teams to communicate effectively.

Headquarters: Chandigarh
Sector: SaaS

DataKund is a no-code, intelligent browser automation tool that allows everyone to build software robots to automate their repetitive work on the web without any programming.

Quizy Games 
Headquarters: Delhi NCR
Sector: Online Gaming

The skill-based real money gaming platform allows people to apply their knowledge to win real cash through 24*7 contests.

Headquarters: Delhi NCR
Sector: Fintech

Moving allows users to follow news around cryptocurrency by keeping track of the ecosystem. It [provides news, insights, and verified knowledge on the currency.

Headquarters: Bengaluru
Sector: Edtech

Clinify is a marketplace of live interactive courses for students to learn new skills with the help of a mentor and for instructors to make a passive stream of income. They have an engaged community of over 35,000 students from across 2,500 colleges and schools.

Recently, the fund had also announced the launch of not-for-profit initiative – Entrepreneurship Gurukul. Through the new initiative, 100X.VC will provide a free education platform to aspiring entrepreneurs. According to the fund, 200 founders were on-boarded for the 12 weekly sessions of Live and Video recorded content.

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