100X.VC partners with Pidilite Industries for venture capital arm

Venture capital fund 100X.VC has announced a partnership with Pidilite Industries for the latter’s venture arm, called Pidilite Ventures.

Under the partnership, 100X.VC will collaborate with Pidilite Ventures to identify strategic investment opportunities for them.

Pidilite Ventures will aim to mentor and guide innovative businesses that have synergies with Pidilite’s core and adjacent businesses.

Apurva Parekh, executive director, Pidilite Industries, said, “We are excited to partner with 100X.VC. They have been instrumental in identifying some compelling investment opportunities for Pidilite Ventures and we look forward to a long and fruitful association.”

Yagnesh Sanghrajka, founder and chief finance officer of 100X.VC, said, “One of 100X.VC’s core value is to be a rising tide for startups. A rising tide lifts all boats and creates a profound multiplier effect. At 100X, there is a strong belief that innovation thrives with collaboration, and this is what Pidilite-backed startups will experience in the future.”

100X.VC is focused on discovering category-defining businesses. It also offers venture-capital-as-a-service (VaaS) with a multi-stage investment thesis for category-defining startups to help large corporations get access to research and innovation.

Discover the stories of your interest

Stay on top of technology and startup news that matters. Subscribe to our daily newsletter for the latest and must-read tech news, delivered straight to your inbox.

For all the latest Technology News Click Here 

Read original article here

Denial of responsibility! TechAI is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.