Inflection Point Ventures (IPV), an angel investment network in India, has recently announced a strategic partnership with the Indian Institute of Technology Madras Alumni Association (IITMAA) to accelerate startup investing. The collaboration aims to bring in the expertise and network of IITMAA and the investment capabilities of IPV to support and mentor early-stage startups in India.
Ankur Mittal, Co-founder, Inflection Point Ventures said “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 the young workforce and even seasoned professionals leaning towards startup investments.
He further added, “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.”
IPV was founded in 2017 by a group of entrepreneurs with a vision to democratize angel investing and provide funding, mentoring, and networking support to promising startups. The network has grown rapidly and has successfully invested in multiple startups across various sectors, including technology, healthcare, fintech, and more.
Nishani Manohar, executive director, IITMAA said “IITMAA has collaborated with IPV to engage its alums who would be looking forward to learning more about startup investing and building 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.”
IITMAA is a prestigious alumni association of the Indian Institute of Technology Madras, one of the premier engineering institutions in India. IITMAA has a vast network of successful alumni who are leaders in various industries globally. The association is known for its efforts in fostering entrepreneurship and supporting startups through mentorship, networking, and funding.
The partnership between IPV and IITMAA aims to combine the strengths of both organizations to foster innovation, entrepreneurship, and startup growth in India. IPV will provide its investment expertise, mentorship, and network to identify and support early-stage startups with high growth potential. IITMAA will seek assistance from its extensive alumni network, domain expertise, and mentorship capabilities to provide startups with access to valuable resources, guidance, and industry insights.
