100X 2.0: More Capital, More Education!
100X 2.0: More Capital, More Education!
100X is rewriting the rules of startup investments, making entrepreneurs journey better & better. In 2019 we announced iSAFE notes investing. Today I am super delighted to announce that 100X.VC plans to invest Rs. 125 crores in 100 early stage startups in the next 12 months. It will be the fastest deployment of first cheque capital by any VC in India for early stage startups.
The next decade is going to see tremendous growth for India and capital will be a force multiplier. We plan to invest Rs. 1.25 Crore for 15% future equity ownership in each startup, using iSAFE notes in every company application accepted for Class 08.
Relationships drive us and our portfolios collective success. We give utmost attention to building trust, and nurturing authentic and congenial long-term relationships. With 100X 2.0, take the next leap in our continued commitment to become the finishing school for early stage founders! If you are an early stage Indian startup founder seeking funding, let 100X.VC help you to turn your vision into an enduring and successful business.
We believe that the VC-funded Indian start-up ecosystem has reached escape velocity with a robust value creation flywheel. 100X is looking to invest in bold ideas and valiant teams to create outlier hits.
Class 08 applications are open, to apply visit www.100x.vc/class08
5 Step Application Process (Maximum 2 Weeks):
- Fill up the application form on www.100x.vc/class08
- If there is an interest to evaluate further, then founders will hear from 100X on next data sets/information in 7 working days
- Once complete information is available to the investment committee, shortlisted startups will be invited for an interview
- Upon successfully clearing the interview, we will email a term sheet of Rs. 1.25 Crore for 15% future equity ownership using iSAFE notes
- On completion of legal compliance, due diligence and signing of iSAFE notes, capital will be wired immediately into the startup’s bank account
Beyond Capital, We Shape Your Business
100X team is the perfect blend of operators–turned–investors that have built, scaled and exited businesses in the past. 100X Partners have a proven track record of success, and can help scale your startup into an enduring venture fundable business. Entrepreneurs consistently have one–on–ones with industry experts, mentors and investors who provide guidance and advice.
In this new model — 100X 2.0, startup applications will be reviewed, accepted and invested on a rolling basis with no deadlines. Investments will be completed through iSafe notes in 2 weeks of startup applications being accepted.
Building New Digital India
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