The collaboration aims to provide a better understanding of the startup ecosystem and investing among IIT-M alumni by hosting curated masterclasses, knowledge sessions, meetups with marquee investors, and other events.
Ankur Mittal, the co-founder of Inflection Point Ventures, said, “Through alumni partnerships like IITMAA, we are keen to bring the pros and cons of startup investing to a younger audience and we hope to introduce them to our vast network and domain expertise built over the years.”
Through this partnership, IPV will help IITMAA alums to connect and interact with fellow alumni of IITMAA who are already a part of the IPV investor community group, and IITMAA as a reciprocation will be introducing IPV to Global chapters and host in-person events and other events like Fish Market where the alums present their business/startup to the IIT community.
IPV aims to facilitate startup investing by allowing interested IIT alums to invest in startups that are founded by IIT alums and others as part of the IPV platform. The partnership is expected to create more angel investors and a vibrant startup ecosystem in India and provide an umbrella structure to oversee the innovation and entrepreneurship ecosystem of the country.
In these events, IPV will be invited as a knowledge-sharing partner, investment partner, and speaker to spread awareness with respect to startup and angel investing. This collaboration intends to benefit both prospective investors of this asset class and startup founders who are looking to raise funding.
Nishani Manohar, Executive Director, IITMAA said, “The collaboration will enable IPV to share their knowledge and expertise with us, to improve startup & investor experiences and ensure future growth.”
The partnership marks IPV’s initiative to fuel the startup ecosystem, facilitate beneficial bridges, and build a long-term association with members of the IITMAA. IITMAA is registered under the Tamil Nadu Societies Act 1975, Chennai.