Meet the 11 startups selected in Class 04 of 100X.VC

Meet the 11 startups selected in Class 04 of 100X.VC
Photo Credit: 123RF.com
17 May, 2021

Early-stage venture capital firm 100X.VC last week announced investments in 11 seed-stage startups, selected as part of its Class 04 portfolio. 

The investment, a statement said, has been made via India Simple Agreement for Equity (iSAFE) notes, an alternative to convertible security notes.  

The company hasn’t revealed details of the funding amount.  

“...we have now invested in 50 startups (Class 01-04) in India using our pioneering iSAFE notes,” Ninad Karpe, Partner at 100X.VC, said while revealing the names of the selected startups at the May 14 VC Pitch Day event, attended by over 500 global investors.  

“Angel investors, family offices, and VCs eagerly look forward to our Pitch Days to evaluate the startups that have been curated by 100X.VC. We will build on our learnings to ensure that we continue on our pioneering path, wherein we discover early-stage startups at regular intervals, provide unlimited mentoring to the founders, and showcase innovative startups to the investors,” he added. 

Set up by the family office of angel investor and serial entrepreneur Sanjay Mehta, 100X.VC is registered as a Category 1 Alternate Investment Fund with the Securities and Exchange Board of India (SEBI). It launched in July 2019. 

Prior to the Pitch Day event, the selected startups went through a screening process involving over 1700 applicants.  

Here are the details of the latest cohort: 

Bhyve: Co-founded by Ketaki Ogale and Omkar Pandharkame, Mumbai-based Bhyve is a future of work SaaS startup that helps companies document and democratize the tacit knowledge of their employees and launch peer learning networks at organizations. BHyve claims to enhance employee productivity by 35%. 

FieldProxy: Founded in 2016 by Balakrishna Balasubramanian and Swaroop Vijayakumar, Chennai-based FieldProxy offers a SaaS platform to build and deploy custom applications to better manage on-field team operations, cut costs.  

Powerbot: Pune-based Powerbot, founded by Anand Teke and Hemant Shinde in 2019, offers energy analytics service that helps industries and commercial buildings analyze their electricity usage in real-time and optimize it effectively. 

Inzpira: Trivandrum-based Inzpira offers a curated marketplace for live English language learning that allows students to connect with a trainer and learn anytime, anywhere. The startup was founded in 2015 by Rohith Namboothiri and Sruthy Ramesh. 

Kroop.ai: Gandhinagar-based Kroop.ai offers affordable and real-time detection of deepfakes to help organizations verify authenticity of audio and video samples. It was founded by Milan Chaudhari and Sarthak Gupta. 

Creators Club: Mumbai-based CRE.CLUB is building a social payment method which would allow shoppers to pay by social media post at POS. The startup, founded by Parth Jaimini, Rupesh Raj, and Abhas Sinha in 2021, digitizes and automates word of mouth marketing in the online world by democratizing influencer perks, down to the 99% of the social media users and develop a community where the brand and customer “synergistically interact with each other”. 

Talkie: Founded by Amogh Tiwari, Ujwal Gupta in 2021, New Delhi-based Talkie offers a voice-only, real-time chat platform for remote teams to communicate. 

DataKund: Chandigarh-headquartered 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. The startup was founded in 2020 by Abhishek Chaudhari. 

Quizy Games: Gurugram-based Quizy, founded in 2020 by Sachin Yadav and Amit Kumar, offers a skill-based real money gaming platform that allows people to apply their knowledge to win real cash through their 24 X 7 contests. 

Moving: Delhi-based Moving runs a platform for crypto news, insights, and verified knowledge, where users can connect with experienced investors and friends to learn from. 

Clinify: Founded by Harish Uthayakumar and Shreyans Sancheti, Clinify is India’s first marketplace of live interactive courses. The Bengaluru-based startup has a community of 35,000+ students from across 2500 colleges and schools.