Get All Access for $5/mo

IPV logs 190% IRR For Investors The angel investment platform invested INR 215 crore in 51 startups in 2021

By Shrabona Ghosh

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Pexels

Inflection Point Ventures (IPV), an angel investment platform, has announced 13 exits giving an internal rate of return (IRR) of 190 per cent to its investors. IPV with a total investment of over INR 360 crore has invested in 110-plus startups so far

Launched by Vinay Bansal, Ankur Mittal and Mitesh Shah in 2018, IPV has announced multiple exits from its 110-plus startups giving a return of over 8 times to its investors on an average. IPV invested INR 215 crore in 51 startups in 2021. The angel platform has partially and fully exited 13 startups last year.

"This could not have been possible without a sharp due diligence process which is our USP and focused engagement with our startup founders post investment. Among the 13 exits, we have a Unicorn exit which emerged as a multi-bagger for our investors," said Vinay Bansal, founder CEO of IPV.

"Our vision with IPV is to make angel investment accessible to anyone who wants to invest in startups. We have stayed true to this vision and given returns which are way above the industry benchmarks. We are already seeing over 100 per cent growth m-o-m in our investor base which has crossed 6,600," said Ankur Mittal, co-founder, IPV.

IPV has also exited (both partial and full) some of its other investments including Glamplus, QubeHealth, Truly Madly, Samosa Party, Card91, Phable, Hobspace, Pedagogy, Lebencare, Toch, Fitso and SoStronk.

IPV has also recently announced the launch of Physis Capital - its $50 million VC fund to invest in pre-Series A to Series B rounds in startups.

Shrabona Ghosh

Correspondent

A journalist with a cosmopolitan mindset. I lead a project called 'Corporate Innovations' wherein I cover corporates across verticals and try to tell stories on innovations. Apart from this, I write industry pieces on FMCGs, auto, aviation, 5G and defense. 
Lifestyle

4 Ways To Use ChatGPT To Increase Your Productivity

While AI and ChatGPT are still developing technologies, there is still much to learn and explore. However, companies are already starting to see significant benefits from judicious use of these tools across departments and functions.

Business News

Want to Start a Business? Skip the MBA, Says Bestselling Author

Entrepreneur Josh Kaufman says that the average person with an idea can go from working a job to earning $10,000 a month running their own business — no MBA required.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

News and Trends

Preity Zinta and Shubman Gill Launch DRIVE FITT Gym Chain

The flagship facility will open later this year, with plans to expand to 300 locations in three years, aiming to make top-tier fitness and cricket training widely accessible.

Growing a Business

You Need an Advisory Team More Than Ever. Here's Why — and How to Run One Effectively.

The right advice, particularly in a company's early stages, can be an existential matter: how to surround yourself with the right minds.

Starting a Business

They Showed Up to Apple With a Product They Built in Their Dorm Room. Now These Entrepreneurs Are on the Way to Changing the Way Fans Watch Sports.

How Rahat Kulshreshtha and Gaurav Mehta launched Quidich Innovation Labs, technology that is literally changing the game of sports viewership.