100X Newsletter #16: The best way to predict the future is to create it.

In recent months, India has seen a dip in funding activity. That being said, the country has seen a strong developer community emerge and growing adoption of cloud-based software. Hence, we continued investing in tech-enabled startups across India and helping founders navigate the so-called "funding winter". ?With Class 10 open, I am excited to be interacting with students, first-time builders, and second-time entrepreneurs!?

From mentoring unlimited to funding via iSAFE and follow-on investments, here is what happened this month! ?

Sincerely,

Shashank Randev

Founder VC,? 100X.VC

Email: [email protected]

Calling all startups to apply for Class 10!!?

100X.VC is investing in early-stage high-growth Indian startups. 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 Class 01 Portfolio, Pickright Technologies , a new-age investing platform dedicated to making trading recommendations easy and transparent has paved it's way and is now acquired by PAG - Backed Nuvama Wealth.

Congratulations to Archana E. and Namandeep Bhatia , Founders of Pickright Technologies! Now to the next milestone!

Pickright is enabling investors to make better investment decisions by giving them access to their proprietary AI, or by connecting with advisors via the platform, and providing financial advisors a platform where they can engage with investors seeking advice.

Read More:?https://bit.ly/415YUpG?

"We will soon have the largest network of weather monitoring systems in the country. This can help us build a lot of cross-industry solutions down the line. The near future focus is on using this data along with other data sources to build solutions for the agri industry."

100X.VC Class 02 portfolio Fyllo was recently covered in Entrackr highlighting the impact they are creating by increasing farm incomes.

Read the full article here: https://bit.ly/43NpAxe?

“Value creation in startups is a function of creating customer value. As long as founders keep building new businesses, there will be investors to help them along."

Vatsal Kanakiya , Principal & CTO at? 100X.VC ?shares his views with moneycontrol.com on the impact of macro headwinds on startup funding in Q1 of 2023.

Read the full article here:?https://bit.ly/40zdwxz?

“I am not a big fan of the wait-and-watch strategy in startup investing. This is because angel investors are not bargain hunters. They invest in deals because they are valuable and not because they are cheap."

Sanjay Mehta , Founder and Partner at? 100X.VC ?shares his views with? Inc42 Media ?on how Angel Investors can find winners In the funding winter.

Read the full article here:?https://bit.ly/3o1ctYX?

Fortune India on Startup funding declining 75% to $2.8 bn in Q1 2023, India being he second-highest funded geography after the US and 100X.VC rising as one the Top Investors in the country.

Read the full article here:?https://bit.ly/3Upe7zC?

Watch Mr. Aashutosh Aggarwal , Lead of Strategy and Growth at Zuari Industries Limited 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 more:?https://bit.ly/3nmOQKf

"As a lifelong athlete, I understand the need for a support system that enables you to perform your best. To me, essentially that is what venture capital is."

- Anoop Mohan , Investment Manager at Refex Capital

Here,?Anoop Mohan, Investment Manager, Refex Capital?shares his investment thesis and learnings so far in his venture investing journey.

Read More:?https://bit.ly/435Pxbf?

Are you interested in growing your career in the startup ecosystem? Our portfolio companies are currently seeking talented individuals for key roles in tech, engineering, marketing, and sales. For more details - Read the article?here!