Inflection Point Ventures (IPV), a leading Gurugram-based angel investment fund, has announced the third edition of its highly successful IPV Ideaschool accelerator program. This mentorship-driven initiative is designed to propel early-stage startups from the nascent idea phase to a market-ready Minimum Viable Product (MVP) in just eight weeks, offering the potential for pre-seed funding of up to ₹1 crore.
Empowering Early-Stage Startups
IPV Ideaschool is a game-changer for startups at the pre-seed-to-seed stage. The program focuses on refining business ideas, developing robust business models, and ultimately securing crucial pre-seed funding. It provides a structured framework, expert guidance, and access to a vast network of investors, all essential ingredients for startup success. The program’s core objective is to bridge the gap between a promising idea and a tangible, investable business.
Mentorship and Funding
The application window for the third edition of IPV Ideaschool is open from January 28, 2025, to February 15, 2025. Aspiring entrepreneurs are encouraged to apply for this unique opportunity to receive mentorship from industry veterans, gain access to potential funding, and build valuable industry connections. These resources are invaluable for navigating the challenging early stages of a startup’s journey and laying the foundation for scalable growth.
Mitesh Shah, Co-Founder of Inflection Point Ventures, emphasizes the program’s commitment to fostering innovation. “IPV Ideaschool is dedicated to empowering startups with the tools, resources, and mentorship they need to drive meaningful change and scale sustainable innovations across sectors and regions,” says Shah. He highlights the program’s track record, noting that it has already launched six successful startups in the past 12 months. With the third batch, IPV aims to further solidify its commitment to supporting startups that contribute positively to the ecosystem and the economy.
A Proven Track Record of Success
The first two batches of IPV Ideaschool witnessed an overwhelming response, receiving over 1,500 applications and shortlisting 250 promising startups. The program’s reach extends beyond major metropolitan areas, attracting applications from smaller cities and towns, demonstrating its commitment to nurturing talent across the country. Notably, the second batch saw a significant number of applications from women-centric startups, highlighting the program’s inclusive approach.
Success stories from previous batches include My Pahadi Dukan, Connektra.io, and Vividobots, all of which secured funding and are making significant strides in their respective fields. My Pahadi Dukan is expanding its D2C brand, sourcing health and wellness products from a vast network of Himalayan farmers and cooperatives. Connektra.io is enhancing its AI-powered workflow automation platform, helping businesses streamline operations and reduce costs. Vividobots is revolutionizing the exterior building painting and cleaning industry with its robotic solutions.
Expert Mentorship from Industry Leaders
The success of IPV Ideaschool is largely attributed to its exceptional mentorship panel. The program leverages the expertise of IPV’s leadership team – Vinay Bansal, Mitesh Shah, Ankur Mittal, and Vikram Ramasubramanian – along with prominent industry figures like Kabir Kochhar, Kapil Kochhar, Anand Banka, and Rajiv Kochar. These seasoned professionals provide invaluable guidance and actionable insights, helping startups navigate the complexities of building and scaling a business.
About Inflection Point Ventures (IPV)
Inflection Point Ventures (IPV) is a prominent angel investing platform with a vast network of over 23,500 CXOs, HNIs, and professionals who collectively invest in startups. IPV provides financial capital, and crucial experiential capital, and connects startups with a diverse pool of investors. This holistic investment approach empowers new-age entrepreneurs and fosters a thriving startup ecosystem. With IPV Ideaschool, the firm further solidifies its commitment to nurturing and empowering the next generation of Indian startups.
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