Inflection Point Ventures makes 16 exits in FY26 with Secret Alchemist delivering top returns
14 May 2026, 01:27 PMThe investment platform generated a combined internal rate of return (IRR) of 41% along with a 2.86x money multiple from the 16 exits in FY26.
Startup investment platform Inflection Point Ventures made 16 partial and full exits during the last fiscal ended March 31, 2026, generating a combined internal rate of return (IRR) of 41% along with a 2.86x money multiple.
Among the portfolio exits, beauty and personal care brand Secret Alchemist emerged as the top performer with a 192% IRR and a 4.56x return multiple.
Secret Alchemist, which had brought in actor Samantha Prabhu as co-founder in 2024, raised seed funding of $3 million led by Unilever Ventures earlier in January this year. Inflection Point Ventures had invested in the startup in 2024.
The other startups that the investment platform partially and fully exited from include Aerem, QubeHealth, Kazam, Stage, Hudle, AFK Gaming and GeoiQ.
Aerem delivered a 60% IRR, while QubeHealth and Kazam generated returns of 49% and 34%, respectively.
During the fiscal year, AFK Gaming was acquired by NODWIN Gaming, whereas GeoiQ was bought by Lenskart. The firm also recorded strategic and secondary exits involving investors such as Blume Ventures, Unicorn India Ventures, Avishkaar Capital and Amazon.
According to the company, over half of its portfolio startups that are more than two years old have either secured follow-on funding or achieved exits. In FY26 alone, 26 startups from its portfolio raised additional capital, resulting in a blended IRR of 84.22% and a 3.33x multiple through secondary transactions.
To date, Inflection Point Ventures has deployed more than Rs 1,200 crore across over 280 startups. The platform also completed 18 investments during Q4 2025, backing startups such as Cohoma Coffee, Pinq Polka, Reneonix and Roopya.
In July last year, Inflection Point Ventures announced a $110 million fund to back Indian and global startups.



