IPV delivers 16 exits in FY26 with 2.86x returns and 41% IRR
IPV has so far deployed over Rs 1,200 crore across more than 280 startups.
Inflection Point Ventures (IPV) reported 16 exits during FY26, generating a combined internal rate of return (IRR) of 41% along with a 2.86x return multiple across its realised investments.
The exits included a mix of full and partial stake sales from portfolio companies such as Secret Alchemist, Aerem, QubeHealth, Kazam, Stage, Hudle, AFK Gaming, and GeoiQ.
Founded by Vinay Bansal, Mitesh Shah, and Ankur Mittal, IPV has so far deployed over Rs 1,200 crore across more than 280 startups. In the last quarter of calendar year 2025 alone, the platform invested in 18 startups, including Cohoma Coffee, Pinq Polka, Reneonix, and Roopya.
Among the top-performing exits, Secret Alchemist delivered the highest reported returns with a 192% IRR and a 4.56x multiple. Aerem generated a 60% IRR, followed by QubeHealth at 49% and Kazam at 34%, according to the company.
Several exits also came through strategic acquisitions and secondary transactions. AFK Gaming was acquired by NODWIN Gaming, while eyewear major Lenskart acquired GeoiQ. IPV also facilitated liquidity events involving institutional investors such as Blume Ventures, Unicorn India Ventures, Avishkaar Fund VI, and Amazon.
The Gurugram-based investment platform stated that more than half of its portfolio companies that are over two years old have either raised follow-on funding or delivered liquidity events to investors.
During FY26, 26 startups from IPV’s portfolio secured subsequent funding rounds. According to the firm, these secondary transactions generated a blended IRR of 84.22% and delivered a 3.33x money multiple