Inflexor Achieves First Close of INR 350 Cr Opportunities Fund with HDFC AMC as Lead Investor The firm's Opportunities Fund is designed to support its high-performing portfolio companies from Inflexor's earlier fund, with a portion of the capital earmarked for future investments in these companies over the next 3-5 years.

By Entrepreneur Staff

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Pratip Mazumdar, Partner at Inflexor

Inflexor Ventures, a sector-agnostic early-stage venture investment firm, has announced the first close of its new Opportunities Fund, targeting a corpus of INR 350 crore. HDFC AMC Select AIF FoF I Scheme, managed by HDFC AMC, is the dominant limited partner (LP) in the fund.

The fund has also attracted domestic contributions from high-net-worth individuals (HNIs), family offices, corporates, and other institutional investors.

This first close, achieved last month, has raised approximately 80% of the fund's target corpus. Inflexor anticipates the final close by the end of this month, reflecting robust investor interest.

The firm's Opportunities Fund is designed to support its high-performing portfolio companies from Inflexor's earlier fund, with a portion of the capital earmarked for future investments in these companies over the next 3-5 years.

In a significant move, Inflexor claims to generate industry-leading returns for its original Fund-I investors, including marquee names like IDFC Limited and the Sumankant Munjal Family Office, by facilitating a full portfolio sale.

"We are happy to announce this unique transaction wherein we have achieved a portfolio sale of assets of our first fund and generated liquidity for all our first fund LPs," said Pratip Mazumdar, Partner at Inflexor. "The first close within six months, bolstered by HDFC AMC's investment, underscores strong investor confidence in the underlying portfolio."

Co-founded by Venkat Vallabhaneni, Jatin Desai, and Pratip Mazumdar, Inflexor currently manages INR 1,000 crore in assets and invests in tech-based early-stage companies, with a portfolio of 26 firms. Notable investments include Atomberg, Kale Logistics, PlayShifu,PlayShifu, Entropik, Bellatrix, Clickpost, and Cloudsek. The firm has also seen successful exits, such as Steradian Semiconductors, which was acquired by a Tokyo-listed company.

Entrepreneur Staff

Entrepreneur Staff

Editor

For more than 30 years, Entrepreneur has set the course for success for millions of entrepreneurs and small business owners. We'll teach you the secrets of the winners and give you exactly what you need to lay the groundwork for success.
Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Business Solutions

Cut Software Costs Without Losing Essential Tools: MS Office Is on Sale for Life

Spend less than $40 on Microsoft Office 2019 lifetime licenses for Mac or Windows.

Side Hustle

Dog-Lovers' Side Hustle 'Took Off Right Away' and Made More Than $30,000 a Month — Now It's About to Hit $2.3 Million

Childhood friends Teddy Tawil and Irving Fallas turned their passion for pets into a successful business.

Leadership

'The Most Important Traits Are Confidence and Humility': Leadership Lessons From an Army Ranger Turned CEO

Dan Streetman, the CEO of Tanium, a leading cybersecurity company located in the San Francisco Bay Area, on how being an Army Ranger has prepared him to be a CEO, what leadership means to him and how his company works to deliver the power of certainty for the organizations it serves.

Leadership

This is the Mindset Shift That Separates Winners from Everyone Else

Success belongs to those who act. Urgency isn't stress; it's the fuel that turns ambition into achievement.

Business News

'Affluent People Love a Deal': These Luxury Items Are Flying Off the Shelves at Costco, According to the Company's Longtime Chairman

Some Costco customers are washing down their $1.50 hot dog combo with fancy Champagne, apparently.