Inflection Point Ventures Delivers 16 Exits, Posts 41% IRR in FY26

Inflection Point Ventures (IPV) has reported 16 exits in FY2026, delivering a blended internal rate of return (IRR) of 41% and a money-on-money (MoM) multiple of 2.86x.

The exits were driven by a mix of partial and full transactions across sectors and stages. Secret Alchemist, the aromatherapy and fragrance brand co-founded by Samantha Ruth Prabhu, led the portfolio with a 192% IRR and 4.56x MoM. 

Other notable performers included Aerem (60% IRR, 3.92x MoM), Qubehealth (49% IRR, 5.49x MoM), and Kazam (34% IRR, 4.21x MoM). Additional contributions came from startups such as Oorjaa, Indic Wisdom and SnapeCabs, reflecting broad-based performance across IPV’s portfolio.

Several companies, including Stage, Fabheads, Spardha, Hudle and Freed, saw partial exits. GeoiQ and AFK Gaming were fully exited through strategic acquisitions by Lenskart and Nodwin Gaming, respectively. The mix of exit structures highlights increasing flexibility in liquidity options for early-stage investors.

IPV also reported strong traction in follow-on transactions. During FY2026, 26 portfolio companies raised subsequent rounds, resulting in a blended IRR of 84.22% and a MoM of 3.33x. These structured secondary transactions enabled early investors to partially exit during fundraising rounds without waiting for full acquisitions.

More than half of IPV’s startups with at least a two-year vintage have either delivered an exit or raised follow-on funding. The portfolio has also attracted participation from institutional investors such as Blume Ventures, Unicorn India Ventures and Avishkaar Fund VI, indicating continued confidence from larger funds.

The firm’s portfolio companies continued to see funding activity during the year, with startups including Surassa, Hudle, Ember (White.inc), Text Mercato, Moneyplanned, Regrip and Kisah raising capital from institutional investors.

The FY2026 exit cycle also included strategic acquisitions such as GeoiQ and AFK Gaming, reflecting interest from established companies in acquiring technology-driven startups. IPV noted that repeat participation from secondary buyers and institutional investors highlights the growing maturity of its portfolio.

With a steady pipeline of companies and increasing interest from investors, IPV is focusing on expanding its exit opportunities through structured secondary transactions and strategic sales, as it seeks to navigate ongoing market challenges.