YS

Yagnesh Sanghrajka

Operator VC | TEDx Speaker l Founding Partner & CFO at 100X.VC, a pre-seed stage CAT 1 VC Fund which uses ISAFE notes to invest. We have funded 160+ startups since our launch in July 2019.

Mumbai, Maharashtra

Education

Work Experience

2019

  • Founding Partner and CFO

    2019

    We are a pre-seed stage SEBI registered CAT 1 AIF Fund investing in India domiciled early stage startups. We have closed 161 investments till date, since our launch in July 2019. Our portfolio cos have so far raised $85 mn in subsequent rounds post 100X infusion. Our ticket size per investment is Rs 1.25 Cr. We fund through iSAFE, a founder friendly instrument. Post investment, we work closely with our founders to help them in every aspect of their business from Fundraising to Cap Table management, Pricing, to Scaling, also Hiring. We act as a sounding board for all our portfolio cos and are available 24x7 to our founders as they keep building their cos. We are a discovery platform for India's topmost VCs / Family offices / Corporates / HNI investors, who constantly look for curated, scalable and investment ready startups. To understand more on how to apply to 100X, and how we invest, please visit our website page www.100x.vc/class12. I also lead the CVC practice for 100X.VC, where we work closely with large conglomerates like Pidilite Ventures and Panasonic Corporation, Japan and help them engage with and invest in promising and fast growing startups which are operating in specific sectors.

Angel Investor

2022

  • Angel Investor

    2022

    In the last 2 years, I have invested in these fast growing startups abCoffee - Grab and Go Specialty coffee - www.abcoffee.in - funded by 100X, Nexus VP and Tanglin Fund Stupa Sports Analytics - Global Sports Technology Company - www.stupaanalytics.com - funded by Centre Court Capital and Peer Capital Vodex - GenAI powered Lead Qualification platform - www.vodex.ai - funded by 100X, Unicorn Ventures and Pentathlon Ventures Spare8 - Digital Gold Investment made Easy - www.spare8.com - funded by 2am VC and Magic Fund Coolberg - Non Alcoholic Beer - www.coolberg.in - funded by India Quotient, RB Investments - Acquired by Ghodawat Consumer Ltd (GCL) Zeron - CRQ - Cyber Risk Posture Mngt - www.zeron.one - funded by 100X and Varanium Fintech Fund Wrap2Earn - India's leading Tech-driven OOH marketplace specializing in innovative car advertising and car wrap solutions for brand amplification - www.wrap2earn.com 50Fin - Loans against Mutual Funds - www.50fin.in - funded by 100X and Arali Ventures Thinkmetal - Industrial Metal 3D Printing Solution - www.thinkmetal.in - funded by 100X Luzo - Digitizing and revolutionizing your salon and spa experience - www.luzo.app - funded by 100X Roopya - Lending and Analytics Platform for Banks, NBFCs - www.roopya.money - funded by 100X Arthum - Solving supply chain problems for MSMEs, SMEs - www.arthum.co.in - funded by 100X Coffeemug - Professional Network and Hiring Platform - www.coffeemug.ai - funded by Paradigm Shift Capital and Angellist India Kloudmate - Microservices Observability Platform - www.kloudmate.com - funded by 100X and JITO angels network Bugbase - Continuous Vulnerability Platform - www.bugbase.ai - funded by 100X and 2am VC Hummsa Biotech - Pioneering the future of accessible diagnostics - www.hummsabiotech.com - funded by 100X and Dholakia Ventures

2018 - 2020

  • Mentor

    2018 - 2020

    I mentor startups on fund raising, financial strategy, scaling up, financial modelling and other related topics

PinG Advisory Services

2018 - 2019

  • Founding Partner

    2018 - 2019

    'PinG' stands for "Partners in Growth" - Objective is to focus on working with Corporates, Start ups and SMEs (Small & Medium Enterprises), experiencing high growth, by providing expert advisory services w.r.t. Investing, partnerahip, Finance transformation, strategy, planning, reporting, Investor Relations (IR), Valuations, Corporate Governance, achieving cost efficiencies and Fund raising - both Equity & Debt. I am interested in working closely with PE/VC firms and Corporates alike by engaging with their portfolio companies and startups with an objective of maximising ROI and unlock significant shareholder value. Check out our website https://www.pingadvisors.com

2012 - 2018

  • Business Head - Robomate and New Initiatives

    2016 - 2018

    Head of 'Robomate' Business (Retail and Institutional Sales) and led new initiatives in the Company including M&A and Fund Raising for the Company and the segment

  • Chief Financial Officer

    2012 - 2016

    Led the Finance Function apart from heading Investor Relations, M&A, Due Diligence, Budgeting, Forecasting, Reporting, Business Modelling and Strategy, and am part of the key management personnel.

2011 - 2012

  • Financial Adviser

    2011 - 2012

    Helped the company in raising bank finance for working capital requirements, cost optimization, employee appraisals, compensation and incentives policy making, helping the top management in strategy formation, cash flow management, receivables management, financial discipline, MIS reporting and pricing decisions

  • Chief Financial Officer

    2011 - 2011

    Streamlined processes and systems within the finance organization, led the team to create business information and analytics to ensure speedy interpretation of their performance at the end of each reporting period.

  • Chief Financial Officer

    2009 - 2011

    I was leading Atul Ruia led Phoenix Mills Group company Entertainment World Developers' (EWDPL) IPO initiative. We filed our DRHP ( Draft Red Herring Prospectus ) with the SEBI and the Stock Exchanges in July 2010

  • Operating Partner

    2007 - 2009

    Worked as India CFO/Operating Partner, responsible for diligencing new deals, monitoring and reviewing portfolio companies, detailed financial analysis for existing and proposed investments. Scope of work also involves close interaction with the team and the investee companies' CEO / CFOs towards achieving various objectives, like drafting action plans for financial reporting, constant improvement in their governance structure and risk management.

  • Global CFO

    1998 - 2007

    Member of top management team, handled Investor Relations for the Company with Fund Managers, FIIs and Analysts, Led acquisitions – identifying target companies, conducting due diligences, arriving at valuations, deal negotiations and closure. Handled Corporate Tax planning, Corporate restructuring and Treasury Management. Global Responsibility for finance and reporting functions

Jayanti Business Machines Ltd

1995 - 1998

  • V.P. Finance

    1995 - 1998

    Was heading Finance, reporting to JMD and Chairman of the Group