Inflection Point Ventures Launches $110 Million Angel Fund at GIFT City to Tap Global Startup Capital

Inflection Point Ventures (IPV) has launched a $110 million Category I Angel Fund, IPV International, in GIFT City to invest in early-stage startups. The fund has already backed Singapore's Cellivate Technologies and aims to invest $100,000-$1 mn. IPV has a proven track record of 50 successful exits and plans to leverage this experience to scale globally. The firm has also launched a $50 million Category II venture capital fund, Physis Capital.

Inflection Point Ventures (IPV), a prominent angel investment platform, has launched IPV International, a $110 million Category I Angel Fund registered under GIFT City’s International Financial Services Centres Authority (IFSCA) framework. This new fund aims to invest in early to pre-Series A startups across both Indian and global markets, marking a significant expansion of IPV’s investment horizon.

The first close of the fund occurred in April 2025, and it has already made its inaugural investment in Cellivate Technologies, a Singapore-based deeptech startup developing an ethical and scalable alternative to fetal bovine serum for use in biotech and pharmaceutical research [2].

IPV International will invest between $100,000 and $1 million per startup, with a focus on high-growth sectors. The fund’s structure allows for broader participation from non-resident Indians (NRIs), overseas citizens of India (OCIs), and foreign nationals, who are exempt from Indian tax filings provided their only India-sourced income comes from GIFT City. This structure also simplifies investments for Indian residents looking to invest in foreign startups by bypassing the complexities associated with ODI and SEBI approvals [1].

The launch of IPV International is a strategic move for IPV, which has a proven track record of 50 successful exits and operates another fund, Physis Capital, a $50 million Category II VC fund focused on growth-stage startups [3]. The fund aims to leverage GIFT City’s global access framework to invest in high-potential international businesses and engage with global startup ecosystems.

Vinay Bansal, Founder and CEO of IPV, stated, “After establishing a strong presence in the Indian startup ecosystem, IPV is now extending its offerings through IPV International. Given the evolving global startup landscape and the rising appetite for international exposure, launching an international fund allows us to seamlessly participate in cross-border investment opportunities” [3].

Ankur Mittal, Co-Founder of IPV, added, “The launch of this fund significantly expands our horizon. This strategic move enables us to consider high-potential foreign startups alongside domestic opportunities. By leveraging the global access provided by the GIFT City platform, we’re now well-positioned to invest in innovative ventures across international markets, enhancing both portfolio diversification and investor value” [3].

References:
[1] https://www.entrepreneur.com/en-in/news-and-trends/inflection-point-ventures-launches-usd-110-million-angel/495283
[2] https://economictimes.indiatimes.com/tech/funding/early-stage-angel-investing-platform-ipv-launches-110-million-international-fund-from-gift-city/articleshow/123017585.cms
[3] https://startuptalky.com/news/inflection-point-ventures-launches-110-million-fund-ipv-international/