Inflection Point Ventures (IPV) Reports 14 Successful Exits in 2023

 

Inflection Point Ventures (IPV), an angel investment platform, has disclosed 14 successful exits in 2023, delivering an initial rate of return (IRR) of 61% to its investors.

 

The notable achievement includes a remarkable 217% IRR (equivalent to approximately 40 times month-on-month) with a complete exit from Project Light (name withheld).

 

Alongside three full exits, IPV has secured partial exits from 11 other startups throughout the year, offering IRRs ranging from 20% to 97%.

 

The comprehensive list of exits is as follows:

 

These exits encompass investments from over 1,000 individuals, with an average holding period of 1.5 to 2 years. IPV highlights an 80% IRR from partial exits in startups such as Oorjaa, Devnagri, Aerem, and Ishitva. With these developments, IPV has now announced a total of 38 exits over the past five years.

 

Out of IPV’s portfolio of 200 startups, the network claims that only ten have failed to return capital to investors, showcasing the platform’s robust investment strategy.

 

In 2023 alone, IPV evaluated over 7,000 startups and facilitated funding for 56 deals. Among these, 10 were uprounds, underscoring IPV’s commitment to supporting founders in subsequent funding rounds.

 

In the broader investment landscape, several funds announced partial or full exits in the latter half of 2023. Early-stage venture capital firm First Cheque executed a partial exit from its portfolio company GIVA. 

 

Additionally, Venture Catalysts realized a partial exit from Cusmat and a full exit from Koovers, while Peak XV Partners partially exited from K12 Techno Services.

 

 Notably, early-stage investor Titan Capital achieved a partial exit in August with a return of over 100x in debt recovery and legal automation platform Credgenics.