100X.VC invests $2.7 million in 17 startups

Venture capital firm 100X.VC has invested $2.7 million in 17 startups as part of its 11th cohort, taking the count of its portfolio companies to 161.

Ninad Karpe, founder and partner of the Mumbai-based company, said Rs 1.25 crore was invested in each startup and mentorship was provided to the founding teams to help them improve their product and go-to-marketing strategies.