Shashank Randev has decided to leave 100X.VC, an early-stage venture capital firm, after five years of significant contributions. He shared his decision on LinkedIn, stating, “After 5+ years of relentless pursuit, a very rewarding journey with energetic founders, and scaling up dreams at 100X.VC, the time has come to begin the next chapter. I’m grateful for every lesson and every milestone along the way. Here’s to building, to dream bigger, and to the journey ahead… Let’s begin the next chapter.” His departure marks an important shift in his career as he looks forward to new opportunities.
During his time at 100X.VC, Randev played a key role in investing $20 million across 180 startups. He supported over 400 founders and helped create more than 4,000 jobs. Randev was deeply involved in the firm’s investment strategy and portfolio development, backing companies such as Vodex.ai, Kerala Banana Chips, Accio Robotics, and abCoffee. His work has left a lasting impact on the startup ecosystem, contributing to the growth of many innovative businesses.
Building Innovation and Resilience
Reflecting on his time at 100X.VC, Randev described his experience as a “masterclass in innovation and resilience.” He emphasized how the firm’s journey, under his involvement, helped establish it as a leading seed fund. The firm’s success has been supported by partnerships with investors, mentors, and industry experts, all of which have played a critical role in helping startups grow and scale.
Founded in 2019 by Randev and Sanjay Mehta, 100X.VC has quickly become one of India’s leading early-stage venture capital firms. With a focus on supporting tech and innovation-driven startups, the firm has built a robust portfolio and has made significant strides in early-stage investing. Under Randev’s leadership, the firm continued to grow and expand its influence in the Indian startup ecosystem.
Looking Ahead
As Randev moves on to new ventures, his departure from 100X.VC marks the end of a significant chapter in his career. However, he remains optimistic about the future and excited for the next steps in his journey. 100X.VC, on the other hand, continues to build its portfolio and make strides in the venture capital space, helping more startups grow and succeed in the competitive market.
Shashank Randev’s departure from 100X.VC is a moment of change but also one of new beginnings. His leadership and contributions have played a key role in the success of the firm, and his next steps are eagerly anticipated. The firm’s focus on early-stage investments and innovation-driven startups continues, and it is poised to remain a key player in the venture capital industry.
