Inflection Point Ventures clocks 190% IRR on the back of 13 exits
- ByStartupStory | April 15, 2022
Early-stage venture firm Inflection Point Ventures (IPV) announced that it had exited 13 portfolio firms, giving investors a 190 percent internal return. IPV has announced a number of exits from its portfolio of over 110 firms, resulting in an average return of over 8 times for its investor members.
In 2021, it will invest Rs 215 crore in 51 businesses. Last year, the angel platform partially and totally exited 13 startups.
BharatPe was a multi-bagger, returning over 80 times to IPV, which it sold to BharatPe’s returning investor Coatue Management, which led the fintech unicorn’s $108 million Series D investment last year. BharatPe was IPV’s first investment in 2018, and it has now executed a full exit.
Glamplus, QubeHealth, Truly Madly, Samosa Party, Card91, Phable, Hobspace, Pedagogy, Lebencare, Toch, Fitso, and SoStronk are among the companies in which the business has made partial and full exits, providing investors two times typical returns.
IPV, which was founded by Vinay Bansal, Ankur Mittal, and Mitesh Shah, has also announced the of Physis Capital, a $50 million venture capital fund that will invest in firms from the Pre-Series A to Series B rounds.
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