Inflection Point Ventures launches accelerator program - Ideaschool batch 1 for early-stage startups

Gurugram-based Inflection Point Ventures today announced the launch of its accelerator programme, IPV Ideaschool batch 1.

What is IPV Ideaschool?

The 6-week nationwide program has been designed for entrepreneurs who are seeking to take their business from the idea stage to MVP.

Out of 2000 expected applicants, 100 will be shortlisted for the program initially and 40 of them will then proceed to be an active part of the discussion in the accelerator program. The startups will be evaluated through several rounds across multiple parameters.

At the final stage, the program will culminate in an on-ground event, where the top 15 startups will get a chance to showcase their respective business idea to an esteemed jury.

Investing in startups

The final 5 startups emerging from this set stand to bag Rs 80 lakhs as investment and an opportunity to become part of the IPV portfolio. According to the firm's statement, the applications remain open until January 20th, 2024.

What is the aim of IPV Ideaschool?

Mitesh Shah, Co-Founder of Inflection Point Ventures, said, “IPV Ideaschool- the highly curated program aims to give an edge to the startups as they will not only secure early-stage funding but also get an opportunity to grow and scale their business rapidly with strategic guidance and IPV’s rich network.

"At IPV, we are looking for startups that add value to our economy and have sustainable ideas. By strategically nurturing and empowering innovative ideas, our commitment to building a strong early-stage startup pipeline ensures a foundation of quality and potential, shaping the future of groundbreaking ventures and contributing to India’s economy," Shah added.

As part of the program, IPV said its experts will help startups fine-tune their business plans and suggest pivots if needed to make a commercially viable business idea ready to be funded. 

Leveraging investors network

IPV will also leverage its own investors’ network, ecosystem partners and other VCs to help the startups get access to the required infrastructure and raise additional capital. The startups will have access to boot camps and masterclasses on various subjects helmed by experts on matters related to different areas of businesses that founders should learn about. 

The program promises to offer a holistic experience and a high degree of exposure on how to start building their business for the real world. The startups will be nurtured for growth with strong backing from IPV, Firstport Capital and Physis Capital, the firm said. 

What does Inflection Point Ventures do?

Inflection Point Ventures (IPV) is an angel investing platform with over 12,000 CXOs, HNIs, and Professionals collectively investing in startups. IPV supports new-age entrepreneurs by providing both monetary and experiential capital, connecting them with a diverse group of investors.

Additionally, IPV has recently announced the launch of its CAT 2 AIF, Physis Capital, dedicated to investing in pre-Series A to Series B growth-stage startups. FirstPort Capital, on the other hand, is a CAT 1 Angel AIF that raises funds from Angel investors, focusing on making investments in early-stage startups.

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