100X Newsletter #15: In the midst of every crisis lies great opportunity

Dear Entrepreneurs,

India has been the shining example of resilience and growth in the grim geopolitical environment today. Early stage founders continue to exhibit perseverance whereas investors continue their optimistic outlook for early stage fundraising. 100X continues to engage with the ecosystem by organising AMA sessions, meet-ups, Panel discussions and virtual events. As FY 22-23 draws to a close, 100X has closed the application process for Class 09 and is now accepting applications for Class 10. Mentoring is at the heart of 100X's approach, and in this Newsletter, our team members share valuable insights to help you take your startup journey to the next level.

Sincerely,

Shashank Randev

Founder VC,?100X.VC

Email: [email protected]

Class 10 is now open! If you are building a moonshot idea, this is your chance to raise your first cheque of 1.25 CR INR.?

Apply here: www.100x.vc/class10

100X.VC hosted an online showcase "Scale Up Day 3.0" for it's fast growing portfolio companies recently on 23rd March 2023. This invite only event saw participation by 100+ Venture Capital funds, Angel Networks, Family Offices and Corporates, who are expected to engage with these 100X portfolio companies and take discussions and evaluation forward.

"Losing money is no one's priority but we know the fact that startups focused on rapid growth does lose money. Few startups tend to lose money for a longer time horizon than others for multiple reasons. Each startup has its own journey on making money there is no standard template to apply".

Sanjay Mehta , Founder and Partner at 100X.VC, shares his views on VC funds not being a ponzi scheme with Inc42 Media .

Read the full article here: https://bit.ly/3kLgsb0

"India overtook China as the world's most populated country in 2023. A base of young consumers combined with their discretionary incomes makes it a fertile ground for growth".

Shashank Randev , Founder VC at 100X.VC shares his views on growth and future opportunity for direct-to-consumer brands and scenario of capital flow in the industry with BW Businessworld .

Read full article here: https://bit.ly/3SHvJ9g

Yagnesh Sanghrajka , Founder & CFO at 100X.VC and Vatsal Kanakiya , Principal at 100X.VC, interacted with the Founders and shared their insights at the Founder's meet-up, hosted by bluelearn in Bangalore on 3rd of March '23.

This Women's Day, 100X.VC hosted a virtual event with the Female Founders of their portfolio companies, where they talk about the rise of women leaders in India and their personal journey in this fast-paced startup world; Niharika Bhargava , Co-Founder The Little Farm Co. , Arushi Sharma , Co-Founder ThinkMetal and Sophiya Jagannathan , Co-Founder MetaShop .

Watch: https://bit.ly/3m3NOSP

Watch Mr. Aashutosh Aggarwal , Lead of Strategy and Growth at Zuari Industries Ltd. in conversation with Utpal Doshi , Partner, 100X.VC, in the session of Namaste Tomorrow, to know more about increase in the collaboration between corporates and startups at a rapid pace.

Watch:?https://bit.ly/42Uhen8

"India's early-stage startup party is unperturbed by Credit Suisse and SVB crisis"

As a Founder & CFO at 100X.VC, Yagnesh Sanghrajka shares his view on how the recent failures of US lenders will not have significant implications for the Indian startup ?ecosystem with ETCFO .

Read the full article here: https://bit.ly/3ZXJbsl

Sanjay Mehta was invited to IIT Delhi for a walk-in AMA session wherein 50+ startups showed up. Everything from fundraising to investors to startup ecosystem was discussed.?

"Here's what not to do"

Ninad Karpe , Founder & Partner at 100X.VC provides advice on what not to do when starting a business in his The Economic Times article on common mistakes that startups make.

Read the full article here: https://bit.ly/ETStartups

Techsparks Mumbai 2023 - India's most influential startup tech event invited Ninad Karpe, Founder and Partner at 100X.VC and Shashank Randev , Founder VC at 100X.VC for the panel discussion. Ninad Karpe shared his views on agility, speed, experimentation and rapid iteration being the key to success for startups, whereas Shashank shared his views on Supply chain Saas startups.

Yagnesh Sanghrajka , Founder and CFO at 100X.VC, shares his views on role of Legal team in fundraising by Startups at ET Legal World event at Four Seasons amongst marquee law firms and the legal fraternity.

The legal firms, whether in-house or external, have a huge role to play in the burgeoning of the Indian start-up ecosystem, says Sanghrajka.

Team 100X.VC interviewed some of the top investors across the globe about their views on startups, India, and their venture investing journeys. Here, Devashish Khanna , Lead Single Family Office (VC Investments), Capri Global Capital Ltd. shares his responses.

Read more: https://bit.ly/devashishkhanna