100X.VC announces Pitch Day for investors on 3rd and 4th Dec, with zero membership charges & no transaction fee for investing in Class 06 startups
India, 23rd November 2021: 100X.VC, India’s early-stage venture capital firm has announced the sixth edition of its VC Pitch Day, ‘Class 06’. The all-online showcase, by invite only, will be held on 3rd and 4th December 2021 and is expected to receive the participation of 1,000+ investors from all over the world. 100X.VC has a unique model where there is no fee for the fund-raise to investors and founders alike. 100X.VC acts as a discovery platform for investors for credible deals and direct investments in startups. 100X.VC is showcasing Class 06 funded list of startups from a pool of 2800 startup applicants.
Launched in 2019, 100X.VC is an innovation-driven venture capital firm that invests in startups via iSAFE notes. iSAFE notes are pioneered by the VC firm itself and have now become a popular capital-investing instrument for early-stage startups across the industry by angel investors. 100X portfolio cos has created 500+ jobs to date.
Speaking about the event, Ninad Karpe, Partner, 100X.VC, said, “We are delighted to announce ‘Class 06 VC Pitch Day’ where the latest batch of 100X.VC’s portfolio companies will be showcased. The founders of the selected startups have gone through rigorous mentoring by the team at 100X and have also been exposed to 100+ hours of masterclasses from industry experts. Needless to say, these startups are well-prepared for the next phase of growth and we are confident that they will be able to rapidly scale their businesses in the future.”
“We, at 100X.VC, discover, invest and nurture moonshot ideas. We work closely with the VC community to help them with credible deal flow. The 70 portfolio companies together have raised US$ 20 million+ till date post ‘VC Pitch Day’ reaching an average of US$ 400-500k per startup. Many portfolio companies have successfully scaled since their seed round, and are now looking to raise their Pre-Series A/ Series A round,” said Yagnesh Sanghrajka, Founder and CFO, 100X.VC.