Inflection Point Ventures Records 14 Impressive Exits in 2023, Delivering a Remarkable IRR of 61%
Inflection Point Ventures (IPV), India's leading angel investment platform, has proudly announced 14 exits in the year 2023, delivering a stellar Internal Rate of Return (IRR) of 61% to its investors. Navigating through challenging market conditions, IPV showcased resilience and adaptability through innovative initiatives and strategic collaborations with founders, resulting in remarkable returns.
Key Highlights:
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Project Light Full Exit: A full exit from Project Light (name withheld) yielded an extraordinary 217% IRR (approximately 40x Multiple on Money - MOM) to IPV investors.
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Oorjaa's Partial Exit: IPV secured a partial exit from logistics company Oorjaa, generating an impressive 97% IRR.
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Total Exits: IPV achieved a total of 38 exits in less than 5 years, reinforcing its position as India's most active angel investing platform.
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Investment Activity: In 2023, IPV funded 56 deals, including 10 up-rounds, showcasing a commitment to supporting innovative startups.
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Investor Base Growth: IPV's investor member base has surged to over 12,000, a testament to its popularity and trust among the investing community.
Vinay Bansal, Founder & CEO of Inflection Point Ventures, expressed confidence in IPV's investment strategy, stating, "IPV has once again proven to be the most active angel investing platform in India, even in the face of ongoing market challenges. With our sharp investment strategy and belief in sustainable startups, IPV will continue to evaluate high-potential ventures in 2024."
Amidst a cautious investment climate, IPV remained a stalwart supporter of startups. The company's post-investment assistance, particularly through the LetsGrow program, played a crucial role in achieving these successes. IPV's emphasis on collaborative efforts with investors provided invaluable resources, including global business networks, CXO expertise, technological insights, and unwavering support through challenging times.
Notable Success Stories:
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Oorjaa, Devnagri, Aerem, and Ishitva: Partial exits from these high-performing startups generated an average IRR of 80%.
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M&A Success: IPV's LetsGrow program protected investor interests through a unique M&A arrangement between portfolio companies Sportido and Hudle, creating a mutually beneficial outcome for founders and investors with an 11% IRR.
Ankur Mittal, Co-Founder of IPV, emphasized the platform's commitment to helping startups scale up. "At IPV, we believe in investing in great founders at reasonable valuations, leading to successful exits for our investors," Mittal said.
Looking ahead, IPV remains optimistic about the startup ecosystem, maintaining a focus on discovering groundbreaking startups. The recently launched IPV Ideaschool, an accelerator program, aims to empower startups for accelerated growth with strategic guidance from IPV's extensive network.
IPV, having evaluated over 7000 startups in 2023 and funded 56 deals, continues to play a pivotal role in supporting early-stage entrepreneurs. The platform's member base spans over 12,000 individuals across 46+ countries, making startup investments accessible to a global audience.
About Inflection Point Ventures & Physis Capital
Inflection Point Ventures (IPV) is an angel investing platform with over 12,000 CXOs, HNIs, and professionals collectively investing in startups. The firm supports new-age entrepreneurs with monetary and experiential capital, connecting them with a diverse group of investors. IPV has recently introduced a $50 million Category 2 Alternative Investment Fund (AIF), Physis Capital, dedicated to investing in pre-Series A to Series B growth-stage startups.
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