100X.VC Investment Program

• Indian startups at MVP stage that have taken no prior external funding.

About this scheme

100X.VC is a pioneering Venture Capital firm in India, renowned for being the first to invest in early-stage startups using founder-friendly India SAFE Notes. The firm's core mission is to champion innovation across India by identifying and empowering nascent businesses. It aims to fund and nurture seed-stage startups, significantly contributing to the growth and dynamism of the Indian startup ecosystem. 100X.VC actively seeks out promising ventures and audacious founders from across the country to support their initial growth phases with strategic capital and extensive guidance.

The program offers a fixed investment of Rs. 1.25 crore to each selected startup. This funding is provided through an iSAFE note, which translates to 15% of future equity ownership in the company. India SAFE Notes (Simple Agreement for Future Equity) are specifically designed to be founder-friendly, offering a streamlined investment mechanism that defers complex valuation discussions to a later equity funding round. This structure provides quick capital infusion without immediate valuation complexities, allowing founders to focus entirely on product development and market penetration. Following successful legal compliance and due diligence, and the signing of the iSAFE notes, the investment amount is immediately disbursed directly into the startup's bank account.

Beyond capital: 100X.VC provides substantial non-monetary support crucial for early-stage success. This includes the exclusive 6-week in-person HomeRun Masterclass Series in Mumbai, an intensive program featuring a structured curriculum designed to enhance business building skills across various domains. Participants gain insights from a diverse array of industry experts, experienced mentors, and successful founders, covering critical aspects like product-market fit, fundraising strategies, and leadership development. Startups also gain access to 100X.VC's extensive business network, comprising seasoned advisors, dedicated mentors, large corporates, and a vibrant community of alumni founders. This network provides unparalleled opportunities for connections, collaborations, and strategic partnerships. The program culminates in a VC Pitch Day, a high-stakes event offering portfolio companies an opportunity to present their progress and vision to a carefully curated selection of top-tier investors for their next funding round, thereby accelerating their access to follow-on capital.

Who can apply

• The program is designed for founders actively building their startup from India. This ensures that the founders are deeply embedded in the Indian startup ecosystem and can leverage local market insights. We look for passionate founders who are dedicated full-time to their venture, demonstrating a strong commitment to scaling.
• Startups should be looking to raise their first institutional cheque. This focus allows 100X.VC to be a foundational investor, providing crucial early capital that helps validate the business model and attract subsequent larger funding rounds. It targets companies that are beyond the idea stage but have not yet secured significant venture capital.
• The applicant must be an incorporated Indian entity for legal and due diligence purposes. This requirement is critical for legal compliance, facilitating the investment process, and ensuring the startup operates within the regulatory framework of India. This typically includes Private Limited Companies (Pvt Ltd) or Limited Liability Partnerships (LLPs).

Eligible entity types: Private Limited, LLP

Benefits & funding

• Selected startups receive a fixed investment of Rs.
• 1.25 crore via an iSAFE note (15% future equity).
• Benefits include a 6-week in-person HomeRun Masterclass Series in Mumbai, insights from industry experts, experienced mentors, and successful founders.
• Participants gain access to 100X.VC's extensive business network and a VC Pitch Day to secure follow-on funding.

How the application process works

The journey below is informational, compiled from the official program guidelines. Applications are submitted directly with 100X.VC, in your own name.

1. 1

   Submit online application.

2. 2

   Promising startups receive an initial screening call.

3. 3

   Shortlisted candidates are invited for an in-person interview in Mumbai.

4. 4

   Successful interviews lead to a term sheet offer.

5. 5

   Funding is disbursed after legal compliance, due diligence, and iSAFE note signing.

Frequently asked questions