New Delhi: Inflection Point Ventures (IPV), one of India’s largest and most active angel investment funds proudly announces the launch of the 3rd edition of IPV Ideaschool accelerator program. Started in January 2024, IPV Ideaschool is a mentorship-based program for early-stage startups (Pre-seed to seed stage) to refine their ideas, build robust business models, and secure pre-seed funding starting with 1 Crore from IPV. The program aims to elevate businesses from the idea stage to MVP in just 8 weeks.
Building on the success of Batches 1.0 and 2.0, IPV Ideaschool Batch 3.0 promises to deliver another impactful accelerator experience. Aspiring startups can apply between January 28, 2025, and February 15, 2025, for a chance to gain expert mentorship, funding opportunities, and industry connections that pave the way for scalable growth.
Mitesh Shah, Co-Founder, of Inflection Point Ventures says, “IPV Ideaschool is dedicated to empowering startups with tools, resources, and mentorship, to drive meaningful change and scale sustainable innovations across sectors and regions. Over the past 12 months, the program has launched 6 successful startups and with the third batch, we further reinforce our commitment to support startups which add value to our ecosystem and economy as a whole.”
Over the past two batches, IPV Ideaschool received more than 1,500 applications, meticulously shortlisting only 250 startups—100 in Batch 1 and 150 in Batch 2. The rigorous selection process underscores the program’s commitment to identifying and nurturing high-potential startups.
IPV Ideaschool Batch 2.0 saw an impressive response with startups pouring in from a diverse mix of metros and smaller cities, representing a wide range of innovative sectors. Notably, 75 applications came from women-centric startups, underscoring the program’s inclusivity and appeal. After rigorous evaluation, My Pahadi Dukan, Connektra.io, and Vividobots emerged as winners, collectively securing substantial funding.
My Pahadi Dukan is expanding its D2C brand, sourcing authentic Himalayan health and wellness products from 20,000+ farmers and cooperatives. Connektra.io is enhancing its no-code AI-enabled workflow automation platform to help enterprises reduce costs and accelerate delivery. Vividobots is developing robotic solutions for automating exterior building painting and cleaning, making the process significantly more efficient and cost-effective.
Himanshu Dua, Co-founder and CEO, My Pahadi Dukan, says, “The Ideaschool initiative of IPV has been a great learning experience for us at My Pahadi Dukan. From pitching in front of the selection jury to getting on the Founder’s call with IPVs network of amazing investors, each step of the journey taught us important lessons which we carry with us in our journey forward. The team at IPV has been exceptional in guiding us through the process of raising our pre-seed round, helping turn our vision into reality.”
The program’s mentorship panel comprised IPV’s Leadership Team—Vinay Bansal, Mitesh Shah, Ankur Mittal, and Vikram Ramasubramanian—along with renowned industry leaders such as Kabir Kochhar (Founder and Managing Partner of Audacity Venture Capital), Kapil Kochhar (Sales Leader for Digital Natives at Google Cloud), Anand Banka (Director – Technical Accounting Group at Barclays) and Rajiv Kochar (CFO of Pluss Advanced Technologies). These experts provided strategic guidance and actionable insights to the startups.
About Inflection Point Ventures and Physis Capital
Inflection Point Ventures (IPV) is an angel investing platform with over 23,500+ CXOs, HNIs, and Professionals to together invest in startups. The firm supports new-age entrepreneurs by providing them with monetary & experiential capital and connecting them with a diverse group of investors. IPV has launched a $50 Mn CAT 2 VC fund, Physis Capital, to invest in Pre-Series A to Series B growth-stage start-ups. The fund has already deployed capital in two startups so far, with a few deals in advanced stages of pipeline.
