Even as the Indian startup ecosystem faces a decline in venture capital funding, a phenomenon dubbed the "funding winter," earlier bets by angel investors are now paying off.
Several angel investment platforms have recorded noteworthy early-stage exits this year. Gurugram-based Inflection Point Ventures (IPV) is a case in point. It has demonstrated an impressive exit performance this year, most recently with its exit from the business-to-business e-commerce startup Koovers in September. IPV realised a 2.1-fold month-on-month return at an internal rate of return (IRR) of 47 per cent within just 22 months of investment. The exit followed Koovers' acquisition by German