IPV Logs 160% IRR For Its Investors

Angel investing platforms Inflection Point Ventures (IPV), said it has announced 12 exits giving an IRR of 160 per cent to its investors.

Launched in 2018 by finance and PE veterans, Vinay Bansal, Ankur Mittal & Mitesh Shah, IPV has announced multiple exits from its 170+ start-up portfolio giving much needed liquidity infusion to its investors. IPV has invested Rs 550 crore across over 170 startups. At an overall level, the angel platform has provided 9 full exits, 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 has partially and fully exited 12 startups, as per the statement.

Some of the key exits include high-performing startups like BluSmart, Otipy, Stage and Buyofuel. Vinay Bansal, Founder & CEO, IPV, says, “The ongoing funding winter didn’t deter us from our investment and exit strategy. Last year, we exceeded our investment target and have put Rs 190 crore against Rs 155 crore target in Indian startups. Our belief in the robustness and strength of Indian startups continue to be on an upswing. Startup investments are fast emerging as a long term wealth creation asset class. The exits provided by us in 2021 and 2022 is further building confidence in the ecosystem to go long on angel investments.”

IPV has generated an IRR of 226 per cent on a partial exit of Buyofuel and 186 per cent IRR on partial exit of Kazam.