New Delhi: One of the most active and largest angel investment platforms, Inflection Point Ventures (IPV), has announced 12 exits giving its investors an IRR of 160%. The angel platform, which has emerged as one of the most trusted investment platforms for CXOs and first-time angels, has generated stellar returns even in challenging market conditions.
Launched in 2018 by finance and PE veterans Vinay Bansal, Ankur Mittal & Mitesh Shah, IPV has announced multiple exits from its 170+ startup portfolio, giving much-needed liquidity infusion to its investors. IPV has invested Rs 550 crore across over 170 startups. Overall, the angel platform has provided nine entire exits and 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. While last year it partially and fully exited 12 startups.
Some of the key exits include high-performing startups like BluSmart, Otipy, Stage and Buyofuel. Vinay Bansal, Founder& CEO of IPV, says, “The ongoing funding winter didn’t deter us from our investment and exit strategy. Last year, we exceeded our investment target and put in Rs 190 crore against Rs 155 crore target for Indian startups. Our belief in the robustness and strength of Indian startups continues to increase. Startup investments are fast emerging as a long-term wealth creation asset class. The exits we provided in 2021 and 2022 further build confidence in the ecosystem to go long on angel investments.” IPV has generated an IRR of 226% on a partial exit of Buyofuel and 186% IRR on a partial exit of Kazam.
Ankur Mittal, Co-Founder of IPV, says, “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. 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 grow to 10,000 as we continue to follow best-in-class due diligence to invest in top-of-the-line companies building solutions for a better future.”
One of the major successes in the past year has been a spectacular exit in an aAd-tech startup with an IRR of 302% with a final money-over-money (MoM) for the exiting investors of >25x.
Apart from it, IPV has partially exited companies like peAR, Cercle X, EnsuredIT, LoanKuber, and Raahoand Streak during the year, generating an average IRR of 162%.
Mitesh Shah, Co-Founder of IPV, says, “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 startup 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.” IPV invested in about 55 startup deals last year and plans to invest in more than 60 startups in 2023.
IPV has grown to more than 8600 members on the platform who can experience IPV’s unique & specialised approach to early-stage investing. The entry barriers for becoming an investor with IPV are shallow, having been designed considering the platform’s ethos. One can start angel investment with IPV with a cheque size as low as Rs. 1,00,000 for a startup. It is the lowest cheque size in the angel investors community today.
About Inflection Point Ventures
Inflexion Point Ventures (IPV) is an angel investing platform with over 8600 CXOs, HNIs, and Professionals to invest together in startups. The firm supports new-age entrepreneurs by providing them with monetary & experiential capital and connecting them with diverse investors. IPV has launched a $50 million CAT 2 AIF Physis Capital to invest in pre-Series A to Series B growth-stage startups.
