IPV Secures 14 Exits in 2024, Delivers ~36% IRR with Resilient Performance Amid Market Challenges

Muskaan Kapoor

27 Mar 2025 — 4 min read

IPV Secures 14 Exits in 2024, Delivers ~36% IRR

Major exits include Prescinto AI’s acquisition by IBM and Parablu’s sale to CrashPlan, showcasing the attractiveness of IPV-backed startups.
IPV portfolio companies raised 25 follow-on rounds in 2024, attracting top-tier investors and providing 30-40% IRRs through optional exits.
IPV has achieved 47 exits out of a 200+ startup portfolio over the last five years, a significantly higher exit rate compared to industry norms.

Inflection Point Ventures, the most active angel network in India, announces 14 exits from 2024, delivering an IRR of ~36% and reinforcing its ability to generate liquidity for its investors. With 47 successful exits from a portfolio of 200+ startups, IPV has delivered exit opportunities at a rate well above industry norms, reinforcing its strong track record in venture investing.

"Our focus has always been on identifying and supporting businesses with the potential to scale and deliver strong returns," said Vinay Bansal, Founder & CEO of IPV. "Despite the market slowdown, our ability to deliver consistent exits reflects the strength of our portfolio and the trust we’ve built with both investors and founders."

IPV has successfully facilitated multiple high-return exits, demonstrating its expertise in identifying scalable businesses. Among them, Aksum (52% IRR, 1.55x MoM), Conscious Chemist (54% IRR, 1.45x MoM), and Qubehealth (53% IRR, 4.06x MoM) delivered significant investor returns. These exits, along with several others, reinforce IPV’s strategy of backing high-potential startups that create meaningful investor value.

While the funding winter persisted, IPV portfolio companies secured 25 follow-on rounds, an achievement that stands out in a challenging market. These rounds were led by renowned global and domestic investors, reinforcing strong conviction in IPV-backed startups and their growth potential.

This continued investor confidence is evident in the backing IPV startups have received from top-tier funds. Goodwater Capital invested in Stage, alongside Blume Ventures, which also backed Fashor. Kazam attracted funding from Vertex Ventures, Avaana, and Chakra, while Sorin and Piper Serica supported Freed. DS Group’s investment in Samosa Party further highlights the trust established investors place in IPV’s portfolio. Adding to this momentum, Tim Draper’s investment in BonV Aero reinforces IPV’s rigorous due diligence, showcasing the confidence of globally recognized investors in IPV-backed startups.

Another major highlight of the year was the appearance and funding of two IPV-backed startups—Speed Kitchen and Metashot—on Shark Tank Indiathat , further underscoring the visibility and credibility of IPV startups in the larger ecosystem.

Some of these strategic investments were structured as blended primary and secondary transactions, providing optional exits to IPV investors, delivering 30-40% IRRs with a 3- 4x return.

"The ability of our startups to attract follow-on funding from top-tier VCs and corporates underscores the quality of companies we back," said Ankur Mittal, Co-founder of IPV. "By consistently identifying high-growth potential and fostering strategic relationships, we ensure that our investors benefit from both capital appreciation and early liquidity."

Beyond securing fresh capital, IPV-backed companies have also proven to be attractive targets for acquisitions and strategic collaborations, validating their strong technology and market potential. Prescinto AI, an AI-powered platform optimizing renewable energy assets, was acquired by IBM, integrating its technology into IBM’s Maximo Application Suite to enhance the energy sector’s efficiency and sustainability. This exit delivered a 28% IRR with a 2.17x return. Similarly, Parablu, a data protection company, was acquired by CrashPlan, a global leader in cyber-ready data resilience. The acquisition not only integrated Parablu’s solutions but also onboarded its team, ensuring a smooth transition and continued business growth. This exit generated an IRR of ~30% with a 2.2x MoM in 36 months.

"Our focus goes beyond just funding—we actively support our startups in scaling and securing strategic exits," said Mitesh Shah, Co-founder of IPV. "By enabling them to attract the right investors and acquirers, we ensure liquidity opportunities for our investors, even in challenging market cycles."

A report by the Indian Venture and Alternate Capital Association (IVCA) and EY highlights that only 10-15% of startups in India provide successful exits to investors. IPV has consistently exceeded market trends, with more than half of its portfolio businesses already obtaining exits or follow-on investment. This impressive track record demonstrates IPV's ability to handle market obstacles and generate meaningful results for its investor community.

About Inflection Point Ventures and Physis Capital

Inflection Point Ventures (IPV) is an angel investing platform with over 23,500+ CXOs, HNIs, and Professionals investing together in startups. The firm supports new-age entrepreneurs by providing them with monetary & experiential capital and connecting them with a diverse group of investors.IPV has launched a $50 Mn CAT 2 VC fund, Physis Capital, to invest in Pre-Series A to Series B growth-stage startups. The fund has already deployed capital in two startups so far, with a few deals in advanced stages of the pipeline.