Inflection Point Ventures (IPV) achieved 14 exits in 2023, with an average internal rate of return (IRR) of 61% for its investors. The angel investing platform plans to invest Rs 175 crore across 70 startups in 2024, after investing Rs 650 crore across more than 200 startups. In 2023, IPV achieved a 217% IRR with a full exit from Project Light, as well as full exits from Koovers and Sportido.
They also made partial exits from 11 companies, with IRRs ranging from 20% to 97%. Overall, the angel network has achieved 38 exits in less than five years. In 2022, they achieved an IRR of 160%. CEO Vinay Bansal stated that the benchmark for comparison is a satisfactory 20% to 30%, but their goal is to consistently generate 35% or more over an extended period.
Looking ahead, IPV is in discussions regarding potential investments in a sports firm and an electric vehicle company. In 2023, the platform evaluated over 7,000 startups and participated in 56 deals. They also launched the $50 million venture capital fund under Physis Capital in 2022, targeting pre-Series A to Series B investments. In addition, IPV has launched IPV Ideaschool, an accelerator program.
