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VC / Investor Mumbai, Maharashtra Est. 2019

100X.VC

India's first VC fund to use SAFE Notes, investing Rs. 1.25 Cr per startup at pre-seed and seed stages.

180+ startups supported 1 program listed

About 100X.VC

100X.VC is a SEBI-registered Category I Alternative Investment Fund based in Mumbai, founded in 2019 by Sanjay Mehta alongside Ninad Karpe and CEO Vatsal Kanakiya. It was the first venture capital fund in India to adopt India SAFE Notes, a simplified, founder-friendly investment instrument designed to reduce legal complexity and speed up funding. The fund is sponsored by Mehta Ventures and typically invests Rs. 1.25 crore (approximately $150,000) per startup in exchange for 15% future equity.

100X.VC runs a cohort-based model, selecting startups through a competitive application process. Over 10,000 startups apply annually, and the fund has backed more than 180 companies across 12+ cohorts, supporting over 400 founders in total.

## Role in the Startup Ecosystem

100X.VC has democratized early-stage funding in India by simplifying the investment process through SAFE Notes. Before its entry, seed-stage fundraising in India often involved lengthy legal negotiations and complex term sheets. By standardizing the investment instrument and running a transparent, cohort-based selection, 100X.VC has made venture capital more accessible to first-time founders. The fund also serves as a signal to later-stage investors, with many portfolio companies going on to raise follow-on rounds from larger VCs.

## Programs and Initiatives

100X.VC runs bi-annual cohorts, selecting 15-20 startups per batch. Beyond capital, portfolio companies receive mentoring from the 100X.VC partner network, access to a community of fellow founders, and support in preparing for subsequent fundraising rounds. The fund also runs a Scout Program (Superscout) that leverages its network to source deals from across India. 100X.VC actively participates in the Startup India initiative and collaborates with ecosystem partners for founder events and workshops.

## Who Benefits

Pre-seed and seed-stage founders across India building in any sector. The fund is sector-agnostic and invests in both tech and non-tech startups. First-time founders who may lack VC connections benefit particularly, as the open application process levels the playing field. The SAFE Note structure is especially useful for founders who want to close funding quickly without extended legal negotiations.

## Strategic Impact

100X.VC has influenced how early-stage investing works in India. Its adoption of SAFE Notes has been widely replicated by other funds, and its cohort model has brought transparency to a process that was previously opaque. By backing a large number of startups per year, the fund has also increased the overall volume of funded ventures entering the Indian market.

Who they work with

Stages
Idea MVP / Prototype
Sectors
Fintech Biotech, Health & Pharma Deeptech & Robotics AI, SaaS & Enterprise Consumer & D2C Edtech & Skilling Agritech & Food
Notable alumni
Vodex.ai Cellarim Labs

Programs by 100X.VC 1

Frequently asked questions

What funding programs does 100X.VC run?

100X.VC currently has 1 program listed in this directory, including 100X.VC Investment Program. Each program page covers the funding amount, eligibility and application process.

Is 100X.VC a government organisation?

100X.VC is listed as a vc / investor. It is not a government body, and its programs follow the organisation's own selection process.

How do I evaluate whether a 100X.VC program fits my startup?

Start with the stages and sectors shown on this profile, then open the program pages for eligibility conditions and document checklists. If you want a structured view, send an enquiry below and an IncorpX advisor will walk you through fit and readiness.

Do I apply to these programs through IncorpX?

No. Applications are always submitted in your own name with the respective program authority. IncorpX is independent of 100X.VC and provides assistance for application preparation, document organisation and prerequisite registrations such as incorporation, DPIIT recognition, MSME and GST.

Enquire about 100X.VC

Tell us what you are building and which 100X.VC program you are evaluating. An IncorpX advisor will help you assess fit and get application-ready.

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Your enquiry goes to the IncorpX advisory team, who will help you evaluate fit and prepare. We are independent of 100X.VC and never contact organisations on your behalf.

Important disclaimer

IncorpX is a private platform operated by a private company. It is not a government department, agency or official portal, and it is not affiliated with, endorsed by, or acting on behalf of any government body or of any organisation, incubator, accelerator, investor or partner listed in this directory. All program names, logos and trademarks are the property of their respective owners and are used for identification only.

This directory is compiled from publicly available official sources and is provided for general information only. It does not constitute legal, financial, tax or professional advice. Funding amounts, eligibility criteria, required documents, deadlines and availability are determined by each program authority and change with every cycle, so the details shown here may be incomplete or out of date. Always confirm the current terms on the official program source before you apply or take any decision.

IncorpX charges no fee for the information in this directory and does not collect, process, lodge or submit any application on your behalf. Applications are made by you, in your own name, directly with the respective program authority. IncorpX provides assistance only for application preparation and for related registrations such as company incorporation, DPIIT recognition, MSME (Udyam) and GST. Eligibility, approval, disbursement and selection rest solely with the respective program authority, and IncorpX makes no representation or guarantee as to any outcome.

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