Over the last decade, India has transformed into the world’s third-largest startup ecosystem. From Aadhaar and UPI to the rise of innovation, technology is no longer a vertical but the foundation of every sector. This maturing ecosystem has not only attracted global capital but also created a generation of ambitious founders building for India and the world.
At Inflexor, our own journey has reflected this evolution. With Fund I, we leaned into seed-stage investing, backing founders at their earliest inflection points and helping them move from idea to product-market fit. With Fund II, we shifted toward Pre-Series A and Series A, where technology risk is reduced but capital plays a catalytic role in scaling. Now, with Fund III, we are sharpening our focus even more on Series A investments, as the ecosystem has matured and founders are increasingly ready to scale globally.
Our investment philosophy is anchored in Science, Engineering & Technology (S.E.T.) — backing IP-led innovation that can create durable value. We combine Generalist Breadth with Thematic Depth. This means we look broadly across business models but focus deeply on:
👉 Core Sectors: Consumer focused tech, Enterprise/B2B tech, Healthcare, and Climate & Sustainability.
👉 Emerging Tech Areas: Advanced semiconductors, Material science, and Space tech.
Across all of these, we remain disciplined in backing customer-validated and technology de-risked companies, where product-market fit is visible and scaling is the next step.
Importantly, our strategy and sector focus are not static. They are rebalanced and validated periodically as market opportunities shift in India and globally — ensuring that we remain aligned with both the needs of ambitious founders and the macro forces shaping innovation worldwide.
This progression has also matured our exit playbook. What began with strategic acquisitions and early secondaries has grown into institutional portfolio sales, and we now see clear pathways to larger PE buyouts and IPOs as Indian markets deepen. The strength of the ecosystem, combined with our disciplined approach, has allowed our funds to deliver top-decile performance for their vintage years.
India is no longer just a consumer market — it is a creator’s market. At Inflexor, we feel privileged to have been part of this journey and are excited to help shape the next chapter with Fund III.
