The batch
Inc42 reported 100X.VC's third batch of investments in January 2022, ten early-stage startups added to the portfolio of the fund founded by Sanjay Mehta. 100X.VC invests through India's iSAFE notes and has been one of the more active first-cheque writers in the Indian early-stage market.
Vitra.ai's place in it
100X.VC was Vitra.ai's first institutional backer, and the relationship predates the company's better-known rounds with Inflexor Ventures and, later, IIFL Fintech Fund. For a company whose product needed real compute to prove itself, getting a first cheque on the strength of a demo and a cost comparison was the step that made everything after it possible.
The fuller account of that first raise is in YourStory's YS Learn piece.
Source
- INC42 — Sanjay Mehta’s 100X.VC Reveals Third Batch With 10 Early-Stage Startups Joining Portfolio
