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.
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