A Bold Global Leap for IPV
Gurugram-based startup investment firm Inflection Point Ventures (IPV) has officially stepped onto the global stage. The company has launched a brand-new $110 million international fund to back early-stage startups beyond Indian borders. Dubbed IPV International, this fund is registered as a Category I Angel Fund under the GIFT City’s IFSCA framework, giving it the regulatory green light to operate globally.
This marks a big step for IPV, which has built a strong name for itself in India’s startup ecosystem. Now, the firm is setting its sights on international markets with the same mission—helping promising startups scale and succeed.
IPV International Fund: What You Need to Know
A Quick Snapshot
- Fund Name: IPV International
- Fund Size: $110 million
- Structure: Category I Angel Fund
- Regulated by: IFSCA, GIFT City
- First Close: April 2025
- Focus: Early-stage to pre-Series A startups
- Ticket Size per Investment: $100,000 to $1 million
With both the fund registration certificate and fund management entity (FME) license in hand, IPV International is now fully licensed to operate under India’s GIFT City framework—a regulatory environment built to support financial services and offshore investments.
First Investment: Betting on Ethical Biotech
The fund’s first investment is already in motion. IPV International has backed Cellivate Technologies, a Singapore-based deeptech company working on a breakthrough innovation: replacing fetal bovine serum (FBS)—a controversial and widely used ingredient in cell culture—with an ethical, scalable, and patented cell-based alternative.
Using magnetic stimulation technology, Cellivate is targeting the biotech and pharmaceutical sectors, aiming to reduce reliance on animal-derived products in research and manufacturing. This investment sets the tone for IPV’s global strategy—backing high-impact, science-led startups with disruptive potential.
Why Launch an International Fund Now?
According to Vinay Bansal, Founder and CEO of IPV, the timing couldn’t be better.
“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,” he said.
In simpler terms, IPV sees a growing demand from Indian investors and entrepreneurs for global exposure. At the same time, international startups are increasingly open to Indian capital. This new fund bridges that gap.
Investment Strategy: Going Wide and Deep
What Kind of Startups Will IPV International Invest In?
The fund will focus on early-stage to pre-Series A startups, typically the most vulnerable phase in a company’s lifecycle but also the most rewarding for investors if chosen wisely. IPV International will lead or participate in funding rounds with average investments between $100,000 and $1 million.
Key Sectors of Interest:
While not limited to a specific industry, the first investment in a deeptech biotech startup suggests IPV International is eyeing sectors with:
- High barriers to entry
- Scalable technology solutions
- Global applicability
- Strong IP (intellectual property)
Sectors like biotech, healthtech, AI, clean energy, and climate tech could all fall within its radar.
What is GIFT City and IFSCA?
The Gujarat International Finance Tec-City (GIFT City) is India’s ambitious financial hub aimed at attracting global investment. It offers tax advantages, easier compliance, and international-standard regulatory practices. The International Financial Services Centres Authority (IFSCA) is the governing body that oversees funds like IPV International operating under this setup.
By basing IPV International within GIFT City, IPV gains a strategic edge—easier access to foreign capital, better investor confidence, and streamlined cross-border operations.
The Bigger Picture: Why This Matters
This move puts IPV among a growing number of Indian investment firms going global. It’s not just about capital—it’s about building a pipeline that connects Indian investors to international innovation.
It’s also a win for startups outside India that are looking for smart capital from emerging markets. With IPV’s reputation and large network of angel investors, these startups gain more than just funding—they gain mentorship, market access, and operational support.
For Indian investors, the fund offers a way to diversify portfolios by backing foreign startups, particularly in high-growth sectors that may not be as mature or accessible in India.
Final Thoughts: A Strong Start to a Global Journey
IPV International isn’t just another fund—it’s a statement. A signal that Indian capital is ready to make a global impact, and that Indian investment platforms can compete on the world stage.
With a solid regulatory foundation, a clearly defined strategy, and a first investment already in play, IPV International seems well-positioned to spot, support, and scale the next generation of game-changing startups.
As the global startup landscape continues to shift, having a fund like IPV International that understands both Indian and international ecosystems could be the competitive edge that emerging ventures and investors are looking for.