Inflection Point Ventures, completes full exit from Fashor with a 33 per cent IRR. IPV has achieved 3.75X MoM (Money over money) from this exit within 54 months of investing in the company.
Commenting on the exit, Mitesh Shah, Co-Founder, Inflection Point Ventures, says, “Our exit strategy, which is backed by data, collected over years of investing in Indian startups, continues to prove beneficial for our investors. As one of the largest angel platforms in India, it is our primary duty to not just find innovative startups to invest in but also look out for the right time to exit. We have maintained an impressive track record with that and as we continue to invest in Indian startups, we will also keep bringing exits that deliver high returns to our investors.”
Fashor, a fast-growing fashion brand, offers Indian and fusion wear for women.
IPV recognised Fashor's unique strengths and opportunities. IPV's commitment extended to connecting Fashor with key industry professionals, helping the company build a network of the right experts to guide them through a planned growth and exit map.
Vikram Kankaria, CEO, Fashor, says, “Our partnership with Inflection Point Ventures has been instrumental in driving our growth and success. Their strategic guidance and support have enabled us to scale rapidly and achieve remarkable milestones. We look forward to continued innovation and expanding our impact in the fashion industry."
As of 2024, IPV has completed a total of 45 exits with an average IRR of 128 per cent.