Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Industry News

| More

Inflection Point Ventures announces 14 exits from 2023 with IRR of 61%

Posted On: 2024-02-13 18:42:18 (Time Zone: IST)

Inflection Point Ventures (IPV), India's most active angel investment platform, has announced 14 exits from 2023 giving a stellar IRR of 61% to its investors.

Amidst challenging market conditions, IPV has consistently demonstrated adaptability through innovative initiatives and collaborations with founders, resulting in remarkable returns.

In 2023, IPV achieved a phenomenal 217% IRR (~40x MOM) with a full exit from Project Light (name withheld). Along with 3 full exits, IPV secured partial exits from 11 other startups through the year, delivering IRRs ranging from 20% to 97%. These exits, involving over 1,000 individuals' investments, translated into lucrative returns, with an average holding period of 1.5 to 2 years. Notable successes include partial exits from high-performing startups like Oorjaa, Devnagri, Aerem, and Ishitva generating an average IRR of 80%. With this, IPV has announced 38 exits in under 5 years.

Vinay Bansal, Founder & CEO, Inflection Point Ventures, says, "Once again, IPV has emerged as the most active angel investing platform in India despite the ongoing funding winter. With its sharp investment strategy and belief in innovative sustainable startups, IPV will continue to evaluate high potential startups in 2024."

Amidst the cautious investment climate, IPV remained a beacon of support for startups. The company's emphasis on post-investment assistance for startups through collaborative efforts with investors played a pivotal role in achieving these successes. Notably, IPV's marquee LetsGrow program, continued to shine by fostering partnerships with founders and providing invaluable resources in the form of global business networks, CXO expertise, technological insights, business guidance, and unwavering support through challenging times.

Addressing startups affected by the Covid crisis, IPV, through its LetsGrow program, successfully protected investor interests. A unique M&A arrangement between its portfolio companies Sportido and Hudle exemplified this, creating a mutually beneficial outcome for founders and investors alike. Additionally, IPV's innovative partnership programs, particularly with investment banks, contributed to the success of Koovers, an auto spare parts platform acquired by Schaeffler, delivering a remarkable 47% IRR for investors in less than 2 years.

Ankur Mittal, Co-Founder, IPV, says, "At IPV, we have always believed in investing in great founders at reasonable valuations. This eventually results in successful exits for our investors. We are a big believer of helping our founders scale up by leveraging our rich network to help companies not only get timely capital infusion but also rich mentoring to grow their businesses."

It has been a challenging year for the overall startup ecosystem, not only in India but globally. Despite these obstacles, IPV's portfolio has remained robust. Startup investing is considered as a risky asset class and typically has a failure rate in the excess of 80%. However, IPV's mission has always been to improve the success in startups by 10X and it is reflected in its high success rate. So far, out of a portfolio of 200, only 10 startups couldn't return capital to its investors.

Click here to send ur comments or to

Other Headlines:

Talent Skillsvarsity joins hands with NSE Academy to provide a certificate program in Financial Markets

Muthoot FinCorp Limited announces XVI Tranche IV series of NCDs, aims to raise Rs.360 crore

Varthana Secures USD 10 Million Funding from BlueOrchard Finance Ltd-managed fund to Revolutionize Affordable Education Sector in India

Mirae Asset Capital Markets launches Business Partner program with 100% brokerage sharing

SIDBI partners with Fintech Platform KarmaLife for micro loans to Gig Workers

Inauguration of SIDBI's new Branch in Kaushambi, Ghaziabad

Rapido Crosses 100 Crore Rides Landmark, Empowers 11 Crore Lives in 120 Cities

IBM and Microsoft Collaborate to Launch Experience Zone in Bangalore

Essar Energy Transition Retail sets out expansion plans and new leadership

Infinity Learn by Sri Chaitanya Aims to Craft Top Rankers in India

Roadstar Infra Investment Trust files DPM with SEBI for listing of InvIT units

InCred Money launches Fixed Deposits product on its platform

CARS24 Launches its Driver on Demand Service - Autopilot

Cashfree Payments launches 'RiskShield' to empower merchants curb cyber payment frauds in real-time

GJC's flagship event India Gems and Jewellery Show 2024 may revitalize retail jewellery sales in India

CRISIL upgrades long-term rating of InCred Finance to 'CRISIL AA-/Stable' from earlier 'CRISIL A+/Stable'

Pepperfry appoints Mahip Dwivedi as Vice President and Head of Marketing

mPokket raises upto ?500 crore facility from BPEA Credit

Lubrizol appoints Bhavana Bindra as a Managing Director - India, Middle East & Africa

Awfis expands in Bhubaneshwar with almost 1L sq ft space

NSE registered investor base crosses 9 crore unique investors and 16.9 crore total accounts

Aegon Life Acquired by Bandhan Financial Holdings

Kerala Technology Expo 2024 aims Kozhikode's rise as tier-2 IT hub

Vinfast Accelerates Into India: Groundbreaking ceremony marks a major milestone in its Global Expansion

SnowPure presents Cow Ghee made from 100% traceable milk

Goa Tourism's Participation at SATTE 2024 To Showcase Innovation in Regenerative Tourism

Center fresh introduces Lemon Honey flavor in mints with 60 mins Clean Breath

79% of Indians worry about Home Safety while on vacation

ReNew announces results for the Third Quarter and Nine Months of Fiscal Year 2024

AirAsia launches its signature Big Sale Campaign from INR0*base fare

Radisson Hotel Group strengthens footprint in Ayodhya with signing of 150-room Radisson Blu Hotel, Ayodhya

Mitsubishi partners with TVS Mobility to provide Integrated Vehicle Mobility solutions in India

International Conference on 'Advantage India Chemical Conclave 2024' to be organised on 23rd February 2024 Mumbai, India

Explurger Secures USD 4.5 Million in Series-A Funding Led by Affle

Blue Planet Boosts Circular Economy with a majority stake in Mahindra Waste to Energy

Tech-enabled pet care startup Supertails raised INR 125 crores in Series B funding

Consumer Foods Brand 'Yu' raises INR 20 CR in Follow-on Series A Funding led by Ashish Kacholia and Asian Paints Promoter Group

EET Hydrogen to proceed into final negotiations with UK Government to develop low carbon hydrogen plant in Ellesmere

Essar Oil UK rebrands to EET Fuels

Tata Capital rolls out Education Loans, provides 100% financing of academics

Uber India is now Great Place To Work Certified

myBiz by MakeMyTrip announces partnership with Zoho

ReNew refinances US$ 325 Million debt three months ahead of maturity

ICAI Awards for Excellence in Financial Reporting 2022-23

JSW and Coolbrook ink strategic cooperation agreement for industrial electrification technology to drive decarbonisation

Plans for UK's largest hydrogen production hub given green light

Radisson Hotel Group announces the opening of Park Inn by Radisson Ayodhya

Godrej Interio targets 42% revenues from its Good & Green product portfolio in FY24

Essar selects final technology partner for Essar Oil UK's Industrial Carbon Capture facility, onboarding all key technology providers

Serentica Renewables Secures Groundbreaking ECB Financing Worth INR 3500 crores for 530 MW Round-the-Clock Renewable Project in India

Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020