Angel investment firm Inflection Point Ventures announces 12 exits, giving 160% IRR to its investors

Gurugram-based angel investment platform Inflection Point Ventures (IPV) has announced 12 exits giving an IRR of 160% to its investors.

Launched in 2018 by finance and PE veterans Vinay Bansal, Ankur Mittal, and Mitesh Shah, IPV has announced multiple exits from its 170+ startups portfolio giving much-needed liquidity infusion to its investors.

The investment firm claims to have invested Rs 550 crore across over 170 startups and has provided 9 full exits, 21 partial exits to investors and 52 startups have gone on for a follow-on round of funding at a higher valuation post the platform’s initial investment. 

Vinay Bansal, Founder & CEO of IPV, said, “The ongoing funding winter didn’t deter us from our investment and exit strategy. Last year, we exceeded our investment target and have put Rs 190 crore against Rs 155 crore target in Indian startups. Our belief in the robustness and strength of Indian startups continue to be on an upswing. Startup investments are fast emerging as a long term wealth creation asset class. The exits provided by us in 2021 and 2022 is further building confidence in the ecosystem to go long on angel investments.”

Ankur Mittal, Co-Founder, IPV, said, “We have always believed that startup investments should be democratised and more people should have access to fast growing new age companies. Exits help provide liquidity in to the asset class and as more wealth gets built from angel investments, it will further add to the credibility of this asset class, thus appealing to a wider investor base. In the last one year, our investor base has grown from 6000 to 8600+. We expect this to further grow to 10,000 as we continue to follow best in class due diligence to invest in top of the line companies which are building solutions for a better future.”

Additionally, IPV has partially exited companies like peAR, Cercle X, EnsuredIT, LoanKuber, Raaho and Streak during the year, generating an average IRR of 162%.

Mitesh Shah, Co-Founder, IPV, said, "We will continue to focus on exits in the current year and will work on bringing a filtered list of startups to our investor members. IPV plays an active role in connecting startups founders from our portfolio with large VCs for follow on rounds. We will leverage our network within the peers to ensure our founders get the right capital and mentoring to scale their businesses."

Last year, IPV invested in about 55 startup deals and plans to invest in more than 60 startups in 2023. 

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