HomeInsightNews & UpdateInflection Point Ventures partners with IIT Madras Alumni Association

Inflection Point Ventures partners with IIT Madras Alumni Association

One of India's top angel investment networks, Inflection Point Ventures, has formed a working partnership with the IITMAA to improve the alums' understanding of startup investing and the startup environment.
Inflection Point Ventures partners with IIT Madras Alumni Association

One of India’s top angel investment networks, Inflection Point Ventures, has formed a working partnership with the IITMAA to improve the alums’ understanding of startup investing and the startup environment.

By enabling interested IIT graduates to invest in businesses that were formed by IIT graduates and others as part of the IPV platform, IPV hopes to facilitate startup financing through this cooperation. For pertinent events sponsored by IITMAA, IPV will take part as an investment and knowledge partner, as per reported by IndianWeb2.

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Ankur Mittal, Co-founder, Inflection Point Ventures, says, “At IPV, we believe that startup investment has the potential to emerge as a long term wealth creation asset class. As more startup success stories emerge from India, we are seeing a clear trend of young workforce and even seasoned professionals leaning towards startup investments. While we have one of the largest investor networks of seasoned professionals, through alumni partnerships like IITMAA, we are keen to bring the benefits, pros and cons of startup investing to a younger audience and we hope to introduce them to our vast network and domain expertise built over the years.”

In accordance with this association, IITMAA will grant IPV exclusive access to their events, increasing participants’ understanding of startup investing and the ecosystem as a whole.

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Nishani Manohar, Executive Director, IITMAA says, “IITMAA has collaborated with IPV to engage its alums who would be looking forward to learning more about startup investing and build a robust Start-Up ecosystem for IITM Alumni Startups. The collaboration will enable IPV to share their knowledge and expertise with us, to improve startup & investor experiences and ensure future growth.”

This win-win agreement is projected to increase angel investors, startup activity, and an umbrella framework for India’s innovation and entrepreneurship ecosystem. It will help IIT alumni get involved in the startup community and give businesses new funding and support options.

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IPV is a startup angel investing platform with over 7400 CXOs, HNIs, and professionals. The firm connects fresh businesses with varied investors and provides financial and experience capital. IPV launched Physis Capital, a $50 million CAT 2 AIF, to invest in pre-Series A through Series B growth-stage startups.

The world-class IIT Madras Alumni Association (IITMAA), founded in December 1964, links and engages more than 50,000 alumni, students, and professors worldwide.

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