Team Startupcity

·  First investment made in Singapore-based deeptech startup Cellivate Technologies.

·  Ticket sizes range from $100K to $1M for early to pre-Series A startups.

·  GIFT City structure enables global investor participation with tax and regulatory advantages.

Gurugram-headquartered angel investment platform Inflection Point Ventures (IPV) has unveiled the launch of 'IPV International', a $110 million Category I Angel Fund registered under the IFSCA regime at GIFT City.

The fund completed its first close in April 2025 and has already made its first investment in Singapore-based deeptech startup Cellivate Technologies. Cellivate is building a patented, scalable, and ethical substitute to fetal bovine serum using magnetic stimulation for uses in biotech and pharma.

Designed to invest in pre-Series A to early-stage startups across the world, IPV International will issue cheques of $100,000 to $1 million. The fund has been issued both the Fund Registration Certificate and the Fund Management Entity (FME) license by IFSCA, enabling it to work within India's international financial hub GIFT City's regulatory architecture.

Also Read- India Becomes 3rd Highest-Funded Fintech Startup Ecosystem in Q1 2025

“Having built a strong foundation in India’s startup ecosystem, we’re now going global with IPV International,” said Vinay Bansal, Founder and CEO of IPV. “The international fund allows us to participate seamlessly in cross-border investments, leveraging the global access and liberalized structure of GIFT City.”

Ankur Mittal, IPV Co-founder, stressed that the new fund reflects IPV's sector-agnostic, thesis-driven strategy based on intense due diligence. 

With this expansion, we can now evaluate international startups in addition to Indian startups, broadening portfolio diversity and investor returns.

As per Mitesh Shah, Co-founder, IPV, the launch is an extension of IPV's momentum, having invested in Unicorns, Soonicorns, and 220+ startups with 50 exits in six years. "IPV International takes this expertise to a broader set of investors, including NRIs and international participants," he added. "The favorable tax policy and ease of compliance at GIFT City makes investment easier for them in India's vibrant startup ecosystem."

Working under the International Financial Services Centres Authority (IFSCA)   a single, SEBI-like regulator   IPV International is able to leverage a transparent, pro-innovation regulatory environment that's drawing fund managers and start-ups from around the globe.