Where is xto10x's headquarters located?

xto10x's headquarters is located in Bengaluru (India).

How big is xto10x's investment team?

xto10x has a team of 24, including 5 partners.

How many companies has xto10x invested in?

xto10x has invested in 13 companies, including Mygate & Licious.

Which companies has xto10x invested in lately?

EMotorad & EMotorad are the latest investments by xto10x.

How many exits has xto10x been involved in?

xto10x's portfolio has seen 1 IPO and 1 acquisition.

How many unicorns are there in xto10x's portfolio?

There are 3 unicorns in xto10x's portfolio.

xto10x - 2026 Investor Profile, Portfolio, Team & Investment Trends

xto10x, an accelerator and incubator program founded in 2019, is based in Bengaluru, India. With a presence in 2 countries, it has supported around 13 startups in sectors like Enterprise Applications, Food and Agriculture Tech. As of Oct 2026, xto10x has 3 unicorns under its belt and has witnessed 2 portfolio exits. Most notable companies in its portfolio include Mygate, Licious and Rapido. The program is backed by a team of 24 people who primarily support Series A startups based in India. Its latest investment was a $2.5M Conventional Debt round in EMotorad on Nov 26, 2023, which also saw participation from Panthera and Alteria Capital.

Key Metrics

Founded Year

2019

Location

Bengaluru, India

Portfolio Companies

Mygate, Licious & 11 more

Sectors of Investment

Enterprise Applications, Food and Agriculture Tech & 16 more

Stages of Investment

Series B, Series A & 3 more

Locations of Investment

India & United States

Unicorn in Portfolio

Rapido, Spinny & 1 more

View xto10x's full profile

xto10x has a portfolio of 13 companies, including 3 unicorns. Their most notable investments are in Spinny and Mygate.Their portfolio spans across India and United States. They have invested in Enterprise Applications, Food and Agriculture Tech, Consumer and 15 other sectors, across stages such as Series B, Series A and 3 more. Here is the list of top investments by xto10x:

1. Mygate

Provider of a community management and residential living platform. It is focused on visitor management, payments, bookings, communication, and society operations. Its resident app page describes features such as visitor approvals, amenity booking, and access to local services, while its broader offerings page highlights ERP, accounting, and security modules.

Key facts about Mygate

Founded Year: 2016
Location: Bengaluru (India)
Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
Valuation: $*****
Stage: Series B
Total Funding till date: $93.8M
Employee Count: 747 as on Aug 31, 2025
Investors: Prime Venture Partners, Dharana and 48 Others
Latest Funding Round: Series B, Jun 10, 2026, $*****
Highlight: Editors' Pick

2. Licious

Retailer of fresh meat products available for online consumer purchase. This business facilitates the digital procurement of various raw meat items. Customers select products through an online interface for delivery. The operation focuses on the distribution of perishable food goods directly to households.

Key facts about Licious

Founded Year: 2015
Location: Bengaluru (India)
Annual Revenue: ₹1,000+ Cr as on Mar 31, 2026
Valuation: $*****
Stage: Series G
Total Funding till date: $565M
Employee Count: 2,828 as on May 31, 2026
Investors: Amansa Capital, Multiples Alternate Asset Management and 67 Others
Latest Funding Round: Series G, Sep 21, 2023, $*****
Highlight: Editors' Pick

3. Rapido

Provider of an intra-city bike taxi ride-hailing service offering affordable, quick, and comfortable rides. The platform connects passengers with vehicle operators through a mobile app for intra‑city transport. It supports bike taxi rides, auto rickshaw bookings and cab service requests with real‑time tracking, fare estimation and cashless payment options. It operates across many cities with a network of driver partners.

Key facts about Rapido

Founded Year: 2015
Location: Bengaluru (India)
Annual Revenue: ₹1,000+ Cr as on Mar 31, 2025
Valuation: $*****
Stage: Series F
Total Funding till date: $798M
Employee Count: 817 as on Mar 31, 2026
Investors: WestBridge Capital, Nexus Venture Partners and 94 Others
Latest Funding Round: Series F, May 15, 2026, $*****
Highlight: Editors' Pick

4. Capillary Technologies

AI powered loyalty management software for enterprises. It is an omnichannel platform to optimize customer retention and engagement. The platform generates reports that provides visibility and insights into the loyalty performance. Its analytics tool allows businesses to segment customers, generate personalized coupons, run targeted campaigns, and predict customer behavior and affinities. Offering includes customer data platform, predictive analytics, and customer engagement.

Key facts about Capillary Technologies

Founded Year: 2008
Location: Bengaluru (India)
Annual Revenue: ₹500 - ₹1,000 Cr as on Mar 31, 2026
Stage: Public
Total Funding till date: $144M
Employee Count: 687 as on Mar 31, 2026
Investors: Qualcomm Ventures, LionRock Capital and 32 Others
Latest Funding Round: Conventional Debt, Jun 01, 2023, $*****
Highlight: Public

5. WorkIndia

Recruitment platform that connects job seekers with employment opportunities. It is a job board that provides a database of job opportunities across various industries. The platform assists both employers and job seekers in the recruitment process, offering tools and resources to facilitate hiring and job search process.

Key facts about WorkIndia

Founded Year: 2015
Location: Bengaluru (India)
Annual Revenue: ₹50 - ₹100 Cr as on Mar 31, 2025
Valuation: $*****
Stage: Series B
Total Funding till date: $45.6M
Employee Count: 901 as on Aug 31, 2025
Investors: BlackSoil, SBI Group and 50 Others
Latest Funding Round: Series B, Dec 18, 2025, $*****
Highlight: Editors' Pick

View the full list of portfolio companies

xto10x has invested in 14 companies over the last 7 years, with an average of 1 new investment annually in the last 5 years. Its most recent first time investment was in EMotorad and most recent follow-on round was in EMotorad.

Here are xto10x's Year-on-Year Investment Trends:

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2026 (YTD)	0	0	0
2025	0	0	0
2024	0	0	0
2023	3	2	5
2022	2	0	2
2021	1	0	1
2020	5	1	6
2019	1	0	1

View all investments by xto10x

xto10x has made 4 investments in Series B stage with an average round size of $5.04M, 3 investments in Series A stage with an average round size of $10M, 2 investments in Series C stage with an average round size of $15M, 2 investments in Series D stage with an average round size of $70.8M and 1 investment in Series E stage with an average round size of $56K.

Here are xto10x's investments by stage:

Stage of entry	No. of Investments
Series B	4
Series A	3
Series C	2
Series D	2
Series E	1

Note: We have considered here, only first round of investments

View all investments by xto10x

xto10x has a diverse portfolio, with companies operating in the Enterprise Applications, Auto Tech, Consumer, Transportation and Logistics Tech and Environment Tech. Notably, it has invested in 11 Tech companies, 10 Consumer (B2C) companies, 8 Enterprise (B2B) companies and at least 6 companies focusing on Software.

Here are xto10x's investments by sector:

Sector	No. of Investments
Enterprise Applications	5
Auto Tech	4
Consumer	4
Transportation and Logistics Tech	4
Environment Tech	3
Others	21

Note: We have considered here, only first round of investments

View all investments by xto10x

xto10x has made most investments in India (12), followed by United States where it has made 1 investment.

Here are xto10x's investments by geography:

Country	No. of Investments
India	12
United States	1

Note: We have considered here, only first round of investments

View all investments by xto10x

xto10x has not made any investment in 2026 so far.

Here are the most recent investments by xto10x:

Filter this list

Date	Company	Location	Round Details	Round Amount	Co-Investors
Nov 26, 2023	EMotorad	India	Conventional Debt	4586	Panthera [+2]
Nov 26, 2023	EMotorad	India	Series B	4590	Panthera [+2]
Aug 29, 2023	SatSure	India	Venture Debt	1128	Baring Private Equity Partners ... [+5]
Jun 27, 2023	SatSure	India	Series A	7254	Baring Private Equity Partners ... [+9]
May 23, 2023	FabHotels	India	Series C	3918	Panthera [+2]

See more recent investments made by xto10x

xto10x has 3 unicorns in its portfolio - Rapido, Spinny and Licious. The most recent unicorn in their portfolio is Rapido. It became a unicorn in 2024, 4 years after xto10x first invested in it.

Here is a list of unicorns in xto10x's portfolio:

Filter this list

Tracxn Score	Company	Short Description	Founded year	Sector	Location	Company Stage	First Investment/ Acquisition Details
83	Rapido	Provider of an intra-city bike taxi ride-hailing service offering affordable, quick, and comfortable rides	2015	Consumer [+4]	Bengaluru	Series F	phvczmt
76	Spinny	Retailer of inspected pre-owned vehicles with home delivery service options	2015	Consumer [+3]	Gurugram	Series G	ahzczlj
84	Licious	Retailer of fresh meat products available for online consumer purchase	2015	Food and Agriculture Tech [+4]	Bengaluru	Series G	zbwykim

View more details about unicorns in xto10x's portfolio

1 of xto10x's portfolio company became public - Capillary Technologies. It got listed on the Bombay Stock Exchange (BSE), National Stock Exchange (NSE), in Nov 2025 at marketcap of $516M

Here are xto10x's portfolio companies that went public:

Filter this list

Company	IPO Date	First Invested on	First Round of Investment	Round Size
Capillary Technologies	Nov 21, 2025	-	-	4546

View more details about public companies in xto10x's portfolio

1 company from xto10x's portfolio has been acquired. The most recent acquisition was Goodera in Dec 2023 by Uniqus for $*****.

Here are xto10x's portfolio companies that got acquired most recently:

Filter this list

Company	Acquisition Date	First Invested on	First Round of Investment	Round Size
Goodera	Dec 06, 2023	Nov 16, 2022	Series C	4958

View all acquired companies in xto10x's portfolio

xto10x has a team of 24 members including 5 Partners and 8 Principals located in India, United States and 3 more locations. xto10x's team sits on the board of 1 company.

Here is a list of top team members in xto10x:

Name	Designation	Location	Board Memberships	Contact Details
Binny Bansal	Partner	Singapore	Flipkart and ACKO	1 Email, 1 Phone number
Neeraj Aggarwal	Partner	Bengaluru	-	1 Email
Pawan Raghuveer	Partner	Bengaluru	-	1 Email
Himanshu Kanwar	Partner	Mumbai	-	-
Rohith Botu	Partner	Mumbai	-	-
Nikhil Tyagi	Principal	Bengaluru	-	1 Email
Hari Prakash	Principal	Bengaluru	-	1 Email
Tanmay A	Principal	Bengaluru	-	1 Email
Lucas Andersen	Principal	Thailand	-	-
Ethel Baldwin	Principal	Frankfurt	-	-

View team details of xto10x

Over the past 7 years, 450 investors have co-invested in xto10x's portfolio companies. This includes funds and angels.

Invested before xto10x: Accel, Mohandas Tellicheery Venkataraman Pai and 287 others have invested in rounds before xto10x. There are 3 companies where Accel has invested before xto10x and 2 companies where Mohandas Tellicheery Venkataraman Pai has invested before xto10x.
Top Co-investors of xto10x: 18 investors entered a company along with xto10x. These include investors like Panthera (2 companies).
Invested after xto10x: A total of 143 investors have invested in xto10x's portfolio after their investments. Top Investors include QED Innovation Labs (3 companies) and Think Investments (2 companies).