100X.VC Class 10 - One Application Form, 7 Day Response
100X.VC has created a unique model to fund and nurture seed stage startups of India. With a motto of? building iconic companies of tomorrow, we are the preferred and sector agnostic seed fund for founders raising their first cheque. With a portfolio of 100+ startups including - Deeptech, EnterpriseTech, Web3, SaaS, HealthTech, Fintech, D2C and others, we have tirelessly worked towards simplifying funding.
Starting a business can be a daunting task, but with the right support and guidance, it can be a rewarding journey after all the hard work. With Class 10, we continue to remove friction in funding startups and shorten the timeline to invest into startups via iSAFE Notes. In this blog, I will walk you through the process that will help you get into Class 10 in the shortest time.
Step 1: Apply via Application Form - www.100x.vc/class10
The first step in the process is to apply via the 100X.VC website. The website has a simple and easy-to-use form that founders can fill out with basic information about their startup, including the company name, website, founder details, industry, video pitch and a brief description of the product or service. One form for founders to fill up. Once the form is submitted, the 100X.VC team reviews it to determine whether the startup meets the investment criteria.
Step 2: In-person Meeting with the Investment Committee (IC)
If the startup meets the investment criteria, founder(s) will hear from 100X within 7 working days. Next step is an in-person meeting to be set up with the Investment Committee (IC) at our Mumbai office within the next one week to ten days. On successful evaluation and final shortlisting, 100X will issue a term sheet for INR 1.25 Cr for 15% of future equity ownership using iSAFE (India Simple Agreement for Future Equity) notes.
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Step 3: Follow on Funding post 100X Infusion
After being chosen for Class 10 and becoming part of the 100X portfolio, all the founders of the Class are invited to Mumbai for the HomeRun Masterclass Series. The HomeRun Series MasterClass is a 6-week structured curriculum, where these entrepreneurs will learn business building alongside the world's best industry experts, mentors, venture capitalists, 100X Alumni founders and founders of successful startups.?
All this culminates into the VC Pitch Day. It is an invite-only showcase of the current Class of startups to a curated set of investors. The founders can build their next round of funding here. The event is attended by all the top Angels, Family Offices, Micro VCs, Corporate Funds and VC funds of India. With a large set of our portfolio startups raising their next funding round viz Pre Series A / Series A, you are closer to achieving your dream and success with 100X.VC!
Are you ready for an exciting journey with us??
Shashank Randev,
Founder VC, 100X.VC