Inflection Point Ventures (IPV) has reported 16 exits during FY26, delivering an aggregate internal rate of return (IRR) of 41% along with a 2.86x money multiple across the transactions.
According to the company, the exits included both partial and full exits from startups such as Secret Alchemist, Aerem, Qubehealth, Kazam, Stage, Hudle, AFK Gaming, and GeoiQ.
Among the exits, Secret Alchemist delivered the highest return with a 192% IRR and a 4.56x multiple, according to the firm.
Other notable exits included:
- Aerem — 60% IRR
- Qubehealth — 49% IRR
- Kazam — 34% IRR
The company also highlighted strategic acquisitions during the year.
AFK Gaming was acquired by NODWIN Gaming, while GeoiQ was acquired by Lenskart.
IPV said it also completed several secondary and strategic exits involving investors such as Blume Ventures, Unicorn India Ventures, Avishkaar Capital, and Amazon.
According to the platform, more than 50% of its portfolio startups with over two years of vintage have either achieved exits or secured follow-on funding rounds.
In FY26, around 26 IPV portfolio companies raised additional funding, generating a blended IRR of 84.22% and a 3.33x money multiple through secondary transactions.
To date, Inflection Point Ventures claims to have invested more than ₹1,200 crore across over 280 startups.
The platform also completed 18 investments in Q4 2025, including startups such as Cohoma Coffee, Pinq Polka, Reneonix, and Roopya.
The update reflects increasing liquidity activity in India’s startup ecosystem as angel networks and early stage investors witness more acquisitions, secondary sales, and follow-on fundraising opportunities.
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