100X.VC partners Pidilite for its CVC initiative
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100X.VC partners Pidilite for its CVC initiative

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

  • By ICN Bureau | September 13, 2022

100X.VC, a leading seed stage CAT 1 VC Fund, has announced its partnership with Pidilite Industries Ltd. for the latter’s venture arm called Pidilite Ventures.

As part of 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.

While 100X.VC has the size, scale, track-record, relationships, and experience of transforming early-stage businesses into large ones, Pidilite has the experience and expertise in building winning brands in the space it operates in. This will offer a definite competitive edge to the portfolio companies.

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 CFO, 100X.VC said, “We are excited to partner with Pidilite group for Pidilite Ventures. One of 100X.VC’s core values is to be a rising tide for start- ups. 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 start- ups will experience in the future.”

100X.VC is focused on discovering category defining businesses. 100X.VC also offers Venture Capital as a Service (VaaS) with a unique multi-stage investment thesis for category defining start-ups to help large corporations get access to research and innovation.

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