Biography of Vinay Bansal: Co-Founder and CFO at Inflection Point Ventures (IPV)
Biography of Vinay Bansal:
Vinay Bansal is a seasoned finance professional and
turnaround specialist with over 20 years of experience spanning Fortune 50
companies, private equity, and startups. His career includes significant roles
such as Senior Advisor at TPG Global and CFO & CIO at Wildcraft India. As a
Chartered Accountant, Vinay's expertise is backed by a robust background in finance
and strategic leadership.
Vinod Bansal’s Education Background
Vinod Bansal's educational qualifications reflect a robust
foundation in finance and banking. He completed his CAIIB in Banking &
Finance from the Indian Institute of Bankers and earned his FCA with
specializations in DISA, IFRS, Forensic Audit & Fraud Prevention, and Audit
& Accounting from the Institute of Chartered Accountants of India.
Additionally, he holds a B.Sc. in Soil Science from Punjab Agricultural
University and completed his higher secondary education in Non-Medical from
S.D. School, Moga.
Early Career and Major Projects
Vinod's early career saw him take on roles as Senior Manager
and Chief Manager at Punjab National Bank. He was deeply involved in credit
proposals, business development, and strategic decision-making. His work
included managing substantial financial projects, such as debt and capital restructuring
for GPI Textiles Limited, and working with prominent industrialists on
significant financial matters.
Previous Career Achievements
Before his current positions, Vinod had a notable career at
Garg Bansal & Associates, where he was a Senior Partner from June 2009 to
April 2017. He was responsible for leading audits and providing financial and
tax advisory services, particularly for banks and insurance companies. His
career also includes significant roles as CFO at GPI Textiles Limited and
various leadership positions at Nahar Group of Companies, PNB Mutual Fund, and
Punjab National Bank.
Leadership at CXO Genie
In addition to his role at IPV, Vinod is the President and
Designated Partner at CXO Genie. Established in June 2017, CXO Genie connects
over 2,000 senior executives through a mobile-based platform. This platform
provides real-time solutions and advice on a wide range of business challenges,
leveraging the combined experience of over 5,000 years in various fields to
enable swift and effective decision-making.
Biography of Vinay Bansal: Co-Founder and CFO at Inflection Point Ventures (IPV)/Entrepreneur/Investor/Success story of Vinay Bansal/Life story of Vin
Vinod Bansal's Current Roles
Vinod Bansal is a distinguished finance professional with
over four decades of experience in various financial sectors. Currently, he
serves as the Co-Founder and CFO at Inflection Point Ventures (IPV). Since its
founding in June 2018, IPV has grown significantly under his leadership. The
firm, with more than 2,700 members, offers both financial and experiential support
to new entrepreneurs. During Vinod's tenure, IPV achieved a remarkable 200%
increase in funding for 2019-20 and has helped over 50 startups enhance their
operations after securing funding.
Leadership at CXO Genie
Currently, Vinod Bansal is the President of CXO Genie, a
platform designed to connect C-Suite executives, such as CFOs, CHROs, and CEOs,
to practical solutions and advice for various industry challenges. This role
underscores his ongoing commitment to providing high-level strategic insights
and support.
Role in Startups and Private Equity
Vinay's experience extends into the startup and private
equity space, where he has played a pivotal role in turning around businesses
and mentoring teams. His work at Wildcraft India involved transforming the
company into a profitable venture, while his tenure at TPG Capital focused on
revitalizing various portfolio companies.
Diverse Financial Expertise
Vinod's career is marked by significant roles in finance and
management, reflecting his deep expertise in statutory audits, forensic audits,
and financial restructuring. His broad experience spans multiple sectors and
responsibilities, showcasing his ability to drive financial and strategic
success in various contexts.
Personal Investments and Entrepreneurship
As the CEO & Founder of Inflection Point Ventures, Vinay
has been actively involved in early-stage investments. He has made ten
investments, including notable funding rounds for companies like Edvizo,
PhableCare, and VideoVerse. His investment strategy is centered around
supporting innovative startups and fostering growth in emerging sectors.
Avid Sports Enthusiast
Outside of his professional life, Vinay is an avid sportsman
with interests in badminton, swimming, and long-distance running. His
dedication to sports complements his professional achievements, reflecting his
commitment to excellence and discipline in all areas of life.
Inflection Point Ventures’ 2024 Plans
Inflection Point Ventures (IPV), an investment platform that
spans multiple sectors, is set to invest ₹150-200 crore in 2024. This ambitious
plan reflects the company’s commitment to supporting diverse startups and
fostering growth across various industries. Vinay Bansal, the founder and CEO
of IPV, is leading this strategic deployment of capital.
A timeline summarizing Vinay Bansal's career and
achievements:
June 2009 - April 2017: Senior Partner at Garg Bansal &
Associates, leading audits and providing financial advisory services.
June 2017: Became President and Designated Partner at CXO
Genie, connecting senior executives for strategic advice.
June 2018 - Present: Co-Founder and CFO at Inflection Point
Ventures (IPV), overseeing significant growth and funding increases.
2019-20: IPV achieved a 200% increase in funding and
supported over 50 startups.
2024: IPV plans to invest ₹150-200 crore in startups across
various sectors.
Current: Serves as President of CXO Genie, connecting
C-Suite executives for real-time solutions and advice.
Biography of Vinay Bansal: Co-Founder and CFO at Inflection Point Ventures (IPV)/Entrepreneur/Investor/Success story of Vinay Bansal/Life story of Vin