100X.VC, India’s leading early-stage venture capital firm, recently concluded its first batch of 12-week program – 100X.VC Gurukul and announced the second batch on high demand from the startup founders across the country. Designed to help purpose-driven startup founders, the initiative’s focus is to give them direction from industry leaders to build their businesses at scale. The initiative is a no-cost, no-equity, no-fee program that is geared towards providing founders with the right kind of knowledge to make their businesses successful.
From the first batch of 200 founders who participated in the program, 100X.VC also conducted a survey to understand the impact of the course on entrepreneurs. According to the participants, about 65% of them found the information shared during the duration of the course to be new. Moreover, all of the modules offered by 100X Gurukul received a near-equal preference from the startup teams. About 75% of the participants were able to apply their learnings to their business and over 50% of the respondents agreed to have made a complete or a significant change in their businesses with the aid of mentorship from the Gurukul sessions.
Talking about the initiative, Ninad Karpe, Partner 100X.VC, said, “We believe that the most effective teachers are actual operators, entrepreneurs, and venture capitalists. Hence, we have built a best-in-class education platform by bringing together the most innovative startup ideas from India and the mentors who have scaled, guided, or invested in businesses. 100X Gurukul will continue to help founders discover and learn the endless possibilities of scaling their business with Seed capital.”
100X Gurukul is a platform where practitioners and industry experts including successful founders share their real-life experiences. The 100X Gurukul course contains pre-recorded video lectures that have masterclasses by entrepreneurs and VCs. The sessions are divided into different modules which are bifurcated as per different areas of business such as Ideation, Product Development, and Product Management, Marketing, Sales & Distribution, Finance & Fundraising, Management & Leadership, and Understanding Term Sheets & Valuations. Every batch of 200 startups is selected on the basis of founding team, market size opportunity, business model strength, and unfair advantage, moat.
The second batch of Gurukul which will be starting later this month will be a golden opportunity for new businesses to get their teams thinking and eventually learn how to rapidly and sustainably scale their businesses.
100X.VC is India’s first Fund to invest in early-stage start-ups using iSAFE – India SAFE Notes. The fund is sponsored by Mehta Ventures, the Family Office Investment arm of Sanjay Mehta, to nurture innovative ideas that add value and bring solutions to a problem. 100X.VC values its relationships with founders, co-investors, corporations, and investment bankers and effectively becomes the coach, strategy consultant, investment banker, business mentor, and trusted advisor of the start-up after investing.