Mumbai, January 18, 2025 – 100X.VC, India’s pioneering venture capital fund, announced its latest investments in 18 promising startups during its VC Pitch Day event. The event, held in Mumbai, marked the unveiling of Class 12, bringing the firm’s total portfolio to 180 investments since its inception in July 2019.
With its unique class-based investment model, 100X.VC uses iSAFE (India Simple Agreement for Future Equity) notes to invest ₹1.25 crore in each startup. The firm provides founders with extensive mentorship, dedicating over 100 hours to help refine their products and Go-To-Market (GTM) strategies ahead of the event.
Expanding the Portfolio with Class 12
From an initial pool of over 1,900 applicants, 100X.VC meticulously shortlisted 304 startups before selecting the final 18 companies for Class 12. These startups represent diverse sectors, including B2B SaaS, Gaming, RegTech, Textile, Consumer Goods, and Biotech, with operations spanning eight cities such as Bangalore, Chennai, Kolkata, Gandhinagar, and Gurgaon.
At the VC Pitch Day, the audience of over 400 investors included high-net-worth individuals (HNIs), family offices, venture capital funds, and corporations, underscoring the growing interest in India’s early-stage startup ecosystem.
Leadership Insights
Ninad Karpe, Founder & Partner of 100X.VC, shared his enthusiasm about the latest cohort:
“We are thrilled to unveil Class 12, a collection of 18 groundbreaking startups that showcase the transformative potential of India’s entrepreneurial talent. These startups are not just businesses but are addressing real-world problems with innovative solutions, contributing to the growth of our economy.”
Meet the Class 12 Startups
1. Cellarim Labs
- Sector: Industrial Biotech
- About: Transforming chemical production with cell-free manufacturing.
- Founders: Nisa Mehreen, Dr. Hitesh Rafalia
2. Clodexa
- Sector: B2B SaaS
- About: Sales enablement at the point of intent.
- Founders: Rachit Sharma, Shravan Chaudhary
3. Currychief
- Sector: D2C, F&B
- About: Instant regional curry pastes for authentic home cooking.
- Founder: Tamil Kumaran
4. Dualite
- Sector: SaaS
- About: Democratizing software development.
- Founders: Rohan Singhvi, Prakhar Tandon
5. Famyo
- Sector: Home Furnishings
- About: Character-based home furnishings for children.
- Founders: Karishma Seetharaman, Ritvik Raj
6. Gape Labs
- Sector: Gaming
- About: Creating world-class games from India.
- Founder: Naren Budhwani
7. Numberlabs
- Sector: AI for Finance
- About: AI solutions for CFOs.
- Founders: Mohammad Abbas, Harsh Narang
8. NuMode
- Sector: Industrial Apparel
- About: Branded uniforms for the industrial workforce.
- Founders: Ayyappan Lakshmanan, Venkatesh Gopalaiah
9. PiePay
- Sector: Digital Payments
- About: Simplifying access to bank offers without cards.
- Founders: Utkarsh Murari, Rishab Jain, Ajay Kumar
10. PlaySuper
- Sector: Gaming Tools
- About: Retention stack for mobile games.
- Founders: Upamanyu Chatterjee, Shouradeep Chakraborty, Abhir Das
11. Propall
- Sector: Real Estate Visualization
- About: 3D visualization for unbuilt real estate.
- Founders: Sanjeev Vasisht, Aniketh Hegde
12. Scoutflo
- Sector: Cloud Management
- About: Developer-first cloud management platform.
- Founders: Kalpesh Bhalekar, Vedant Vyawahare
13. Selkea
- Sector: Compliance Automation
- About: Simplifying regulatory compliance for BFSI.
- Founders: Abhishek Mishra, Varun Menon
14. Supaboard
- Sector: AI Analytics
- About: AI analysts at the click of a button.
- Founders: Aritra Ghosh, Subhrajyoti Modak
15. Trado
- Sector: B2B Trading
- About: Innovating trade operations for businesses.
- Founders: Shubhendra Gautam, Adarsh Kumar, Ashish Bedi, Vivek Yadav
16. Loomiz
- Sector: Fashion Manufacturing
- About: Partnering with global fashion brands.
- Founders: Manith Reddy, Gagan Singhvi, Shanmukh Poladi
17. Troak
- Sector: Entertainment & Media
- About: GenAI-powered interactive stories.
- Founders: Ankit Banerjee, Ronak Dodiya
18. Zenma
- Sector: D2C Beverages
- About: Personalized coffee blends.
- Founders: Sheena Khurana, Karan Khurana
Future Prospects
100X.VC’s investments in Class 12 reinforce its role in shaping India’s startup ecosystem. By offering capital, mentorship, and market access, the firm empowers founders to scale and innovate, unlocking the full potential of their ventures.
For more details, visit 100X.VC.
