Inflection Point Ventures (IPV), the CXO-led angel investment platform, is betting big on sectors like climate tech, AI, healthcare, and consumer as it readies its new $110 million fund under GIFT City’s IFSCA framework.
Speaking to CNBC-TV18, founder Vinay Bansal said the fund, though sector-agnostic, will stay focused on solving large, pressing problems through innovative startups.
“Today’s problems lie in healthcare and climate, like Delhi’s pollution,” he said. “AI is another sector that continues to attract investment, and Indian talent is outstanding in this area.”
The fund, which also includes a $6 million greenshoe option, is targeting its first close by June this year. IPV sees this as part of a broader mission to fuel India’s startup ecosystem while contributing to national growth.
“The vision has always been to help startups in a manner that increases the success rate tenfold, which in turn helps the country grow,” Bansal said.
While most of the capital will be deployed into Indian startups, IPV will also look at a handful of cross-border opportunities, especially those that can help advance India in some way. About 50–55 investments are expected to be in India, with a few international startups added to the mix.
The firm is well-positioned to handle this volume of deals, with a team of over 200 evaluating around 10,000 startups a year. IPV plans to invest in about 60 startups annually.
Bansal said the new fund structure replicates IPV’s previous India-registered fund of the same size and will be deployed over the next two to three years. Around 80% of the capital is expected to come from international investors.
GIFT City’s framework provides strategic advantages, Bansal noted, enabling smoother access for foreign investors into India while also letting Indian investors use their LRS limits to invest overseas.
“GIFT City allows for a very smooth process for our investors based outside India to invest in Indian startups,” he said.
One of the standout features of the fund is its aim to make startup investments more inclusive. While angel investing has typically been the domain of high-net-worth individuals, IPV wants to open the doors to CXOs who can contribute not just capital but mentorship and business know-how.
“We want to democratise and make this asset class available to CXOs,” Bansal added.
Watch the video for more
Content retrieved from: https://www.cnbctv18.com/business/startup/startup-funding-inflection-point-ventures-gift-city-fund-19593399.htm.
