Pre-Series A and seed investor Inflection Point Ventures (IPV) has announced a corpus of Rs 155 Cr for the year 2021. IPV is a network of 4,000 C-Suite individuals across the world who fund startups with a common term sheet under the IPV banner.
FYI IPV is a SEBI registered Category-I Alternate Investment Fund. The company funded nine startups in 2018, 15 in 2019, and funded 40 companies in 2020.
"We are a sector-agnostic fund. We are democratising investing from the investor and startup perspective. Our entire network of C-Suite leaders are global and we have access to a larger pool of funds. 2020 has been a busy year for us. We will be investing in 60 startups next year out of a startup deal flow of 5,000 companies. IPV is looking at strong leadership capabilities and founders need to have clear understanding of their business," said Vinay Bansal, CEO and Co-founder, IPV ventures.