Inflection Point Ventures has made about 10 investments, including in micro delivery startup Milkbasket, since March this year.
Founded in 2017, the early-stage, sector agnostic fund has helped startup founders at a time when the general funding scenario has been quite sluggish. Its other bets during this period include wellness startup Wellcure, edtech platform Edvizo, cloud kitchen firm Samosa Party and healthtech company Phable.
In the latest episode of CapitalCall, Vinay Bansal, founder and CEO of IPV sheds light on the recent deal run at the company.
“The strategy has always been to fund great businesses run by great founders at fair valuations. At this (Covid-19) opportunity, we were nimble and yet aggressive to capture this market and hence we ended up funding a number of deals,” he said.
He also said that the company is seeing a similar vision going ahead with investing $1-2 million every month with 4-5 deals until the end of the year.
Inflection Point Ventures, founded in 2017 is an investment initiative launched by a group of CFOs and finance professionals working for Indian startups. Nine such executives from startups, including Myntra, BookMyShow and Grofers, are part of this programme.