Delhi, February 13, 2024: Inflection Point Ventures (IPV), recognized as India’s foremost angel investment platform, celebrates a series of 14 successful exits in 2023, yielding an impressive Internal Rate of Return (IRR) of 61% for its investors.
Despite navigating challenging market conditions, IPV has consistently demonstrated adaptability and resilience through innovative initiatives and collaborative efforts with founders, resulting in remarkable returns for its stakeholders.
In the past year, IPV achieved a phenomenal 217% IRR, accompanied by three full exits and partial exits from 11 other startups. These exits, involving investments from over 1,000 individuals, 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%.
Vinay Bansal, Founder & CEO of Inflection Point Ventures, expressed his enthusiasm, stating, “IPV has once again emerged as a leader in angel investing, showcasing resilience and foresight amidst challenging market dynamics. With our sharp investment strategy and commitment to fostering sustainable startups, IPV remains poised to evaluate and support high-potential ventures in 2024.”
Despite cautious investment sentiments, IPV remained a steadfast supporter of startups, emphasizing post-investment assistance through collaborative efforts with investors. Notably, IPV’s LetsGrow program continued to flourish by fostering partnerships with founders and providing invaluable resources such as global business networks, CXO expertise, and unwavering support.
Ankur Mittal, Co-Founder of IPV, emphasized the platform’s commitment to nurturing startups, stating, “At IPV, we prioritize investing in exceptional founders at reasonable valuations, which ultimately leads to successful exits for our investors. Our mission is to empower startups to scale up by leveraging our extensive network, providing timely capital infusion, and rich mentoring to drive business growth.”
In light of the challenging entrepreneurial landscape, IPV’s portfolio remained resilient, with only a minimal failure rate. Out of a portfolio of 200 startups, IPV successfully delivered returns for its investors in all but 10 cases.
Moving forward, IPV remains focused on discovering groundbreaking startups and supporting their growth trajectory. The platform’s active investment thesis of 2023 will persist in 2024, supported by initiatives such as IPV Ideaschool, an accelerator program aimed at empowering startups to scale rapidly with strategic guidance from IPV’s robust network.
With a member base exceeding 12,000 individuals across 46+ countries, IPV continues to democratize startup investments, offering aspiring investors a seamless entry into the angel investing ecosystem. Through initiatives such as knowledge sessions and masterclasses, IPV aims to further empower and educate investors as they embark on their investment journey.
