Inflection Point Ventures (IPV), an angel investment network in India has announced a strategic partnership with The BITS Goa Innovation, Incubation and Entrepreneurship Society (BGIIES) to support and fund social and impact start-ups being incubated at the campus.
Through this partnership, BGIIES and IPV are willing to host industry-level events where VCs (venture capital) and angels will be mentoring start-ups by providing them with industry access and funds.
BGEIIS has been registered with BITS Pilani KK Birla Goa Campus. It runs the incubation centre of BITS Pilani and aims to strengthen the start-up ecosystem in the region and enable entrepreneurs by providing them with mentoring and capital to launch disruptive and impactful start-ups.
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Ankur Mittal, the co-founder of Inflection Point Ventures, says, “IPV works closely with more than 25 exclusive communities associated with e-cells, universities, colleges, and alumni associations including IITs and IIMs, across India. Alumni communities and campus start-ups have always been of great importance to us as some of the best startups have originated from them.”
Tarun Krishnakumar, general manager (GM) of BGIIES Incubator, GOA, said, "IPV has collaborated with BGIIES to build a robust start-up ecosystem for incubated startups. As a result, efficiencies will increase, good start-ups will have the opportunity to scale early, and long-term value will be created across the nation. The MoU will help IPV share their knowledge and expertise with us, to improve start-up and investor experiences and ensure future growth."
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