Inflection Point Ventures (IPV)
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Company type | Angel investor |
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Industry | Venture capital |
Founded | 2018 |
Founder | Vinay Bansal, Ankur Mittal, Mitesh Shah, Vinod Bansal |
Headquarters | Gurgaon, Haryana, India |
Key people | Vinay Bansal (CEO), Ankur Mittal (Co-founder), Mitesh Shah (Co-founder) |
AUM | ₹20 crore (US$2.3 million) (2019) |
Website | www |
Inflection Point Ventures (IPV) is an angel investing platform based in Gurgaon, India, founded in 2018. It connects startups with a network of over 24,000 investors, including CXOs, high-net-worth individuals (HNIs), and professionals, to provide both monetary and non-monetary support. IPV focuses on early-stage startups across various sectors, offering funding, mentorship, and access to networks for market expansion. The platform is known for its transparent due diligence process and low investment ticket size, starting at ₹1 lakh, making angel investing accessible. As of 2025, IPV has invested in over 250 startups and facilitated 47 exits, achieving significant internal rates of return (IRR) for its investors.[1][2]
Founders & Leadership
Inflection Point Ventures was founded by a team of four individuals with diverse backgrounds in finance, startups, and investment banking:
- Vinay Bansal, CEO: A seasoned finance professional with over 20 years of experience in Fortune 50 companies, private equity, and startups. He is a turnaround specialist who developed IPV to address pain points in startup funding.[3]
- Ankur Mittal, Co-founder: A Chartered Accountant and MBA from Georgetown University, with expertise in investment banking and over 20 angel investments prior to IPV.[4]
- Mitesh Shah, Co-founder: A startup veteran with experience at Ola and BookMyShow, Shah mentors early-stage startups and focuses on operational growth.[5]
- Vinod Bansal, Co-founder: A veteran with over 40 years of experience in banking, investment, and business development, contributing strategic insights to IPV.[6]
The leadership team emphasizes disciplined investing, rigorous due diligence, and supporting founders with experiential capital, including mentorship and market access.
Investment Thesis
IPV is sector-agnostic, investing in startups with committed and competent founders, regardless of geography. It focuses on early-stage ventures, from pre-seed to Series B, with a preference for companies demonstrating validated ideas and revenue generation. Key sectors include AI, SaaS, fintech, healthcare, e-commerce, edtech, clean technology, IoT, and consumer durables. IPV typically invests between ₹1 crore and ₹7 crore per deal, with individual investor ticket sizes starting at ₹1 lakh. The platform prioritizes reasonable valuations and sustainable growth, leveraging its network for post-investment support.[7][8]
Timeline
Year | Milestone |
---|---|
2018 | Inflection Point Ventures founded in Gurgaon, India. |
2019 | Launched ₹20 crore fund to invest in 20 startups.[9] |
2020 | Expanded investor base to 7,000+ angels, funded 108+ startups.[10] |
2021 | Invested in startups in Tier 2 and 3 cities, including BluSmart and Multibhashi.[11] |
2023 | Achieved 14 exits with 61% IRR, launched IPV Ideaschool accelerator.[12] |
2024 | Facilitated 14 exits, including Prescinto AI acquisition by IBM and Parablu by CrashPlan.[13] |
2025 | Expanded to 24,000+ investors, announced plans for an international fund.[14] |
Portfolio/Featured Startups
As of 2025, IPV has invested in over 250 startups across various sectors. Below is a selection of notable investments:
Startup Name | Sector | Investment Stage | First Invested | Notable Outcomes |
---|---|---|---|---|
BluSmart | Mobility | Seed | 2020 | Raised $7M in pre-Series A (2024)[15] |
Feline Spirits | Beverages | Pre-Series A | 2025 | Raised ₹5.2 crore (2025)[16] |
Naptapgo | Hospitality | Pre-Seed | 2025 | Raised ₹2 crore (2025)[17] |
ixamBee | Edtech | Pre-Series A | 2023 | Raised ₹11 crore (2023)[18] |
Hudle | Sports & Fitness | Pre-Series A | 2023 | Raised ₹7 crore (2023)[19] |
Notable Exits
IPV has facilitated 47 exits from its portfolio, with key liquidity events including:
- Prescinto AI: Acquired by IBM in 2024, yielding a 28% IRR and 2.17x return.[20]
- Parablu: Acquired by CrashPlan in 2024, achieving a 30% IRR and 2.2x return.[21]
- BharatPe: Partial exit with significant returns, details undisclosed.[22]
- Qbera: Successful exit, details undisclosed.[23]
Fund Details
- IPV Fund (2019): ₹20 crore, focused on early-stage startups across sectors.[24]
- Physis Capital (2023): Category 2 fund, size undisclosed, targeting healthcare, SaaS, and deep technology.[25]
- International Fund (2025): Planned launch, targeting global startups, size undisclosed.[26]
Accelerator / Program Details

IPV launched the IPV Ideaschool accelerator program in 2023 to empower startups with strategic guidance and access to its investor network. The program supports early-stage startups with mentorship, technological insights, and connections to global markets. It focuses on scalability and sustainable growth, offering tailored support through the LetsGrow program, which facilitates founder-investor partnerships.[27]
Application Process
Startups seeking funding from IPV can apply through the official website by submitting a pitch deck and business details. The process involves:
- Initial screening by IPV analysts.
- Detailed due diligence by a lead/co-lead investor, including financial and market analysis.
- Presentation to IPV’s investor network for funding commitment.
- Negotiation of terms to protect both parties.
IPV evaluates startups based on founder quality, idea viability, and valuation reasonableness. Only about 1% of over 9,900 applications are selected for investment.[28][29]
Key Co-investors
IPV frequently co-invests with:
- SucSEED Indovation
- Venture Catalysts
- Mumbai Angels
- Hyderabad Angels
- Faad Capital
- Individual investors like Chirag Praful Shah and Deepak Chandran.[30]
Impact Investments or CSR
IPV supports startups addressing societal challenges, such as healthcare, clean technology, and mental health. Investments in companies like Prescinto AI (renewable energy) and BonV Aero (sustainable aviation) reflect a commitment to impact-driven ventures.[31]
Media & Recognition
- Featured in YourStory for democratizing angel investing (2025).[32]
- Recognized by Tech Observer for achieving 61% IRR in 2023.[33]
- Covered by Business Insider India for investments in Tier 2 and 3 cities (2022).[34]
FAQs
- What is IPV’s investment focus?
- IPV is sector-agnostic, prioritizing startups with strong founders and reasonable valuations across stages from pre-seed to Series B.
- Who can invest with IPV?
- Investors with a minimum commitment of ₹1 lakh can join, including CXOs, HNIs, and professionals interested in startups.
- How can startups apply for funding?
- Startups can submit pitch decks via IPV’s website, followed by a rigorous due diligence process.
- What support does IPV offer beyond funding?
- IPV provides mentorship, market access, and technological insights through programs like LetsGrow and IPV Ideaschool.
- What is IPV’s success rate?
- IPV reports a failure rate of less than 10%, with 47 exits from over 200 investments as of 2024.[35]
External Links
Related Investors
References
- ↑ "From Chartered Accountant to Venture Visionary: A conversation with IPV's Vinay Bansal". YourStory. Retrieved 1 June 2025.
- ↑ "Inflection Point Ventures reports 14 exits in 2024". YourStory. Retrieved 1 June 2025.
- ↑ "Inflection Point Ventures' focus on great founders takes it to Tier 2 & 3 towns". Business Insider India. Retrieved 1 June 2025.
- ↑ "Inflection Point Ventures (IPV) Review-Startup Investing in India". Random Dimes. Retrieved 1 June 2025.
- ↑ "Inflection Point Ventures". LinkedIn. Retrieved 1 June 2025.
- ↑ "Inflection Point Ventures (IPV) Review-Startup Investing in India". Random Dimes. Retrieved 1 June 2025.
- ↑ "Inflection Point Ventures- Investor focused, founder friendly". ipventures.in. Retrieved 1 June 2025.
- ↑ "Inflection Point Ventures (India) investment portfolio". PitchBook. Retrieved 1 June 2025.
- ↑ "Inflection Point Ventures earmarks Rs 20 Cr to fund 20 startups this fiscal". YourStory. Retrieved 1 June 2025.
- ↑ "Invest in Startups in India". ipventures.in. Retrieved 1 June 2025.
- ↑ "Inflection Point Ventures' focus on great founders takes it to Tier 2 & 3 towns". Business Insider India. Retrieved 1 June 2025.
- ↑ "Inflection Point Ventures nets 61% IRR with 14 exits in 2023". Tech Observer. Retrieved 1 June 2025.
- ↑ "Inflection Point Ventures reports 14 exits in 2024". YourStory. Retrieved 1 June 2025.
- ↑ "From Chartered Accountant to Venture Visionary: A conversation with IPV's Vinay Bansal". YourStory. Retrieved 1 June 2025.
- ↑ "All-electric ride hailing platform, BluSmart raises $7 million in pre-series A funding". Indiatimes. Retrieved 1 June 2025.
- ↑ "AlcoBev Brand Feline Spirits Bags INR 5.2 Crore Led by Inflection Point Ventures". Business Standard India. Retrieved 1 June 2025.
- ↑ "Pods, Profits & Praise: Naptapgo Raises INR 2 Crores from IPV". Business Standard India. Retrieved 1 June 2025.
- ↑ "Edtech startup ixamBee raises INR 11 crore in pre-Series A round". MediaBrief. Retrieved 1 June 2025.
- ↑ "Hudle raises Rs 7 crore in pre-series A led by Inflection Point Ventures". LinkedIn. Retrieved 1 June 2025.
- ↑ "Inflection Point Ventures reports 14 exits in 2024". YourStory. Retrieved 1 June 2025.
- ↑ "Inflection Point Ventures reports 14 exits in 2024". YourStory. Retrieved 1 June 2025.
- ↑ "Inflection Point Ventures (IPV) Review-Startup Investing in India". Random Dimes. Retrieved 1 June 2025.
- ↑ "Inflection Point Ventures (IPV) Review-Startup Investing in India". Random Dimes. Retrieved 1 June 2025.
- ↑ "Inflection Point Ventures earmarks Rs 20 Cr to fund 20 startups this fiscal". YourStory. Retrieved 1 June 2025.
- ↑ "Inflection Point Ventures (India) investment portfolio". PitchBook. Retrieved 1 June 2025.
- ↑ "From Chartered Accountant to Venture Visionary: A conversation with IPV's Vinay Bansal". YourStory. Retrieved 1 June 2025.
- ↑ "Inflection Point Ventures nets 61% IRR with 14 exits in 2023". Tech Observer. Retrieved 1 June 2025.
- ↑ "Get Funding For Your Startup". ipventures.in. Retrieved 1 June 2025.
- ↑ "Inflection Point Ventures (IPV) Review-Startup Investing in India". Random Dimes. Retrieved 1 June 2025.
- ↑ "Inflection Point Ventures - 2025 Investor Profile, Team & Investment Trends". Tracxn. Retrieved 1 June 2025.
- ↑ "Inflection Point Ventures reports 14 exits in 2024". YourStory. Retrieved 1 June 2025.
- ↑ "From Chartered Accountant to Venture Visionary: A conversation with IPV's Vinay Bansal". YourStory. Retrieved 1 June 2025.
- ↑ "Inflection Point Ventures nets 61% IRR with 14 exits in 2023". Tech Observer. Retrieved 1 June 2025.
- ↑ "Inflection Point Ventures' focus on great founders takes it to Tier 2 & 3 towns". Business Insider India. Retrieved 1 June 2025.
- ↑ "From Chartered Accountant to Venture Visionary: A conversation with IPV's Vinay Bansal". YourStory. Retrieved 1 June 2025.