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Inflection Point Ventures Secures Full Exit from Fashor with 33% IRR

• ByStartupStory     |    August 22, 2024

Inflection Point Ventures (IPV), one of India’s most active angel investment platforms, has announced a successful full exit from the fashion brand Fashor, achieving an impressive 33% Internal Rate of Return (IRR). The exit, which generated a 3.75X return on investment (MoM), was realized within 54 months of IPV’s initial investment in the company. This milestone further cements IPV’s reputation for its strategic expertise in fostering and scaling startups in India’s dynamic market.

Commenting on the exit, Mitesh Shah, Co-Founder of Inflection Point Ventures, said, “Our exit strategy, which is backed by data, collected over years of investing in Indian startups, continues to prove beneficial for our investors. As one of the largest angel platforms in India, it is our primary duty to not just find innovative startups to invest in but also look out for the right time to exit. We have maintained an impressive track record with that and as we continue to invest in Indian startups, we will also keep bringing exits that deliver high returns to our investors.”

Fashor, a rapidly growing fashion brand, has made its mark in the industry by offering trendy and affordable Indian and fusion wear for women. The brand has significantly impacted the market by launching a wide range of designer styles on its platform, Fashor.com, catering to the increasing online demand for branded clothing in India. Known for its diverse and affordable offerings, Fashor has emerged as India’s leading brand in terms of the number of designs launched per month. With a strong focus on innovation and customer satisfaction, Fashor has successfully addressed the need for accessible designer clothing, reaching a broad audience across the country.

IPV’s involvement with Fashor extended beyond traditional investment. Recognizing Fashor’s potential, IPV worked closely with the company to refine its strategies, shape its business model, and craft a robust fundraising and exit plan. IPV also facilitated connections between Fashor and key industry professionals, helping the brand build a network of experts to guide its planned growth and exit strategy.

Vikram Kankaria, CEO of Fashor, expressed his appreciation for IPV’s support, stating, “Our partnership with Inflection Point Ventures has been instrumental in driving our growth and success. Their strategic guidance and support have enabled us to scale rapidly and achieve remarkable milestones. We look forward to continued innovation and expanding our impact in the fashion industry.”

Inflection Point Ventures has demonstrated remarkable growth in recent years. In 2022, IPV celebrated a significant achievement with 12 successful exits, securing a 160% IRR. This momentum continued into 2023, with IPV completing 14 exits and maintaining a 61% IRR despite the challenging funding environment.

As of 2024, IPV’s track record includes a total of 45 exits, with an average IRR of 128%, underscoring the platform’s dedication to driving growth and delivering substantial returns for its investors.

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