After Venture Catalysts, Inflection Point Ventures announces full exit from Koovers with 47% IRR

Inflection Point Ventures announced a full exit from Koovers, a B2B ecommerce platform for auto spare parts, with 47% Internal Rate of Return (IRR)

The firm achieved a 21X return on their investment within 22 months.

Koovers was acquired by German automotive giant Schaeffler India for over Rs 142 crore

Koovers supplies auto spare parts to independent auto workshops (IWS) and has a portfolio of around 18 million parts from various manufacturers.

IPV has delivered 22 partial exits and 12 full exits to its investors with promising returns so far