IPV to invest Rs 155 crore in start-up companies in India this year

The number of IPV investors is 4,000.

The number of IPV investors is 4,000.

So far, IPV has announced 55 deals. This includes Milkbasket, Bluesmart, Truly Madley, Samosa Party and Multilingual etc.

  • News18No
  • Last Updated:February 28, 2021, 9:43 PM IS

New Delhi. Inflection Point Ventures plans to double its investment in Indian start-ups to $ 20 million (Rs 155 crore) this year. IPV is intended to advance the country’s start-up ecosystem.

Target to increase the number of members to 5,000
The number of IPV investors is 4,000. It is aiming to increase the number of members on its network to 5,000 by the end of this year.

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Vinay Bansal, Founder Chief Executive Officer (CEO) of IPV said, “We help start-ups grow and succeed as CXO’s network. We believe that everyone can move forward with start-ups. This creates employment, creates experience and encourages innovation in the country.

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55 Deals Declaration
So far Inflection Point Ventures has announced 55 deals. This includes Milkbasket, Bluesmart, Truly Madley, Samosa Party and Multilingual etc.

Bansal said, “Last year we invested US $ 10 million and this year there are plans to invest about US $ 20 million. We support strong management teams and strong founders.



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