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OutlookIndia
| 3mIPV Plans to Invest Rs 150-200 Crore in Start-Ups This Year; Exits 14 Firms With 61% Return
Angel investment platform Inflection Point Ventures (IPV) is set to invest around Rs 150-200 crore in startups in 2024. IPV has already made investments of approximately Rs 750 crore out of its Rs 1,200 crore fund. The platform has achieved an average internal rate of return (IRR) of 61% from its partial and full exits from 14 firms in 2023. IPV has made a total of 56 investments, including 46 new investments and 10 follow-on investments. The company plans to continue investing in high-potential startups, especially in drone, sports, health, and fintech sectors.
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