Inflection Point Ventures announces full exit from fusion wear business Fashor

Angel platform Inflection Point Ventures has announced its full exit from fashion brand Fashor with a 33% internal rate of return. Inflection Point Ventures has also achieved 3.75 times money over money in its 54 months of investing in the business.

“Our exit strategy, which is backed by data, collected over years of investing in Indian startups, continues to prove beneficial for our investors,” said Inflection Point Ventures’ co-founder Mitesh Shah in a press release. “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.”
 
Across all 45 of its exits to date, Inflection Point Ventures has an average internal rate of return of 128%. The business aided Fashor in its operational expansion and crafted a fundraising and exit plan.
 
“Our partnership with Inflection Point Ventures has been instrumental in driving our growth and success,” said Fashor’s CEO Vikram Kankaria. “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.”
 
Fashor specialises in fusion wear for men and women and retails from its direct to customer e-commerce store. The brand launches a high volume of new designs each month and describes itself as India’s largest brand in terms of design variety.