100X VC Announces Class 04 Portfolio Seed Stage 11 Startups Make the Cut
The start-ups were handpicked from 1,715 applications, of which 446 applicants had passed the meticulous initial due diligence process. With these 11 investments, 100X.VC has crossed 50 investments to date.
In an effort to fund credible startups in the Indian ecosystem, 100X.VC has announced the names of 11 early stage startups that are part of its Class 04 portfolio. The startups have been handpicked from among 1,715 applications, of which 446 had passed the meticulous initial due diligence process. With these 11 investments, 100X.VC has crossed 50 investments to date.
The names of these 11 startups were revealed during VC Pitch Day on May 14, 2021, which was attended by more than 500 investors, including VCs, corporations, angels and family houses from around the world. The industry-independent, innovation-driven venture capital firm invested in each of the selected start-ups via founder-friendly iSAFE notes. 100X.VC is the first institutional investor to introduce India Simple Agreement for Equity (iSAFE) Notes in India in 2019. iSAFE Notes have now become a popular seed investment instrument for founders and investors.
Prior to VC Pitch Day, portfolio companies interacted closely with a panel of industry experts and attended over 100 hours of Masterclass sessions by over 50 expert mentors, industry veterans, successful founders and venture capitalists who shared their in-depth startup ecosystem knowledge. A few topics covered sales strategy, leadership, product-market fit, hiring, GTM strategy, etc.
Class 04 portfolio companies include Bhyve, Field Proxy, Powerbot, Inzpira, Kroop.ai, Creators Club, Talkie, DataKund, Quizy Games, Moving and Clinify. All of these startups cater to various industries including Deeptech, SaaS, Edutech, and Fintech, to name a few.
Ninad Karpe, Partner at 100X.VC said: âWith our Pitch Day for Class 04, we have now invested in 50 startups in India using our pioneer iSAFE Notes. Angel investors, family offices and VCs look forward to our Pitch Days to evaluate startups organized by 100X.VC. We will leverage our learnings to ensure we continue on our pioneering path, in which we discover start-ups at regular intervals, provide unlimited mentorship to founders, and showcase innovative startups to investors.
Category 04 holding companies:
1. Bhvye (https://bhyve.io/) – Mumbai
BHyve is a SaaS platform for the future of work that helps companies document and democratize the tacit knowledge of their employees and launch peer learning networks in organizations. BHyve improves employee productivity by 35% and reduces time wasted on research by 30%.
Sector: SaaS – HR tech
2. FieldProxy (https://fieldproxy.com/) – Chennai
FieldProxy is a SaaS platform that helps field service companies better manage their field teams. The platform allows business leaders and owners to build and deploy custom applications through a simple workflow generator.
Sector: SaaS – On-site / home service
3. Powerbot (https://powerbot.in/) – Pune
Powerbot offers an energy analysis service that helps industries and commercial buildings optimize their electricity use by analyzing their electricity consumption in real time to identify savings opportunities.
Sector: Energy service
4. Inzpira (www.inzpira.in) – Trivandrum
Inzpira is a curated marketplace for live English learning that allows students to instantly connect with an instructor and learn anytime, anywhere
5. Kroop AI (www.kroop.ai) – Gandhinagar
Kroop AI provides organizations with deepfake detection services to help them authenticate audio and video samples.
Sector: Deep Tech
6. Creators Club (https://usecreclub.com/) – Mumbai
CRE.CLUB is redefining social commerce by creating the first social payment method in India that allows buyers to pay per social media post at the point of sale. Cre club digitizes and automates word of mouth marketing in the online world by democratizing the benefits of influencers, up to 99% of social media users, and by developing a community where brand and customer âinteract synergisticallyâ.
Sector: Social commerce and marketing technology
7. Talkie (https://www.talkie.team/) – New Delhi
Talkie is a real-time voice chat platform for remote teams to communicate effectively.
8. DataKund (https://datakund.com/) – Chandigarh
DataKund is a code-free smart browser automation tool that allows anyone to build software bots to automate their repetitive work on the web without any programming.
Sector: Automation – SaaS
9. Quiz games (https://www.quizygames.com/) – Gurugram
Quizy is a skill-based real money gambling platform that allows people to apply their knowledge to win real money through their 24 * 7 contests.
Sector: Online games
10. Moving (https://moving.so/) – New Delhi