Blume Ventures

Blume Ventures

A venture capital firm in India that focuses on technology.

Blume Ventures is a venture capital firm in India that focuses on technology. Founded 2011 in Mumbai, Maharashtra, India by Karthik Reddy and Sanjay Nath, it invests in early stage ventures, seed, series A, series B, and debt financing. Its portfolio companies include Instamojo, Tricog Health, Trell, RailYatri, and Unacademy. As of March 2020, Blume Ventures has made 190 investments. Their most recent investment was on March 3, 2020, when Tricog Health raised $10.5M. Blume Ventures has had 15 exits, the most notable of which include Zenatix, Runnr, and Zopper. Blume Ventures provides seed funding in the range of $50K - $250K to early-stage tech-focused/tech-enabled ventures.

Timeline

February 19, 2020

Blume Ventures announces the final close of Blume Ventures Fund III at $102 million (about Rs 730 crore).

Funded Companies

Company
Description
Industry
Website
Location
Hevo Data

A company that is a developer of no-code data pipeline technology. It was founded in 2016 and has offices in San Francisco and Bangalore.

Locus.sh is a global logistics optimization platform. It uses deep learning and proprietary algorithms to provide route optimization, real-time tracking, insights and analytics, beat optimization, warehouse management, vehicle allocation and utilization, intuitive 3D or bin packing and measurement of packages.

Unocoin is a cryptocurrency service company focused on serving people living in India.

Unacademy is an education technology company offering an online learning platform and mobile learning application.

Carbon Clean Solutions is a London-based carbon capture and storage company developing CO2 separation technology for industrial and gas treating applications.

Mech Mocha is an India, Texas-based mobile game company founded by Arpita Kapoor, Mohit Rangaraju and Shilp Gupta.

Agara Labs is an enterprise software company.

Stellapps is an India-based company.

Tartan Sense is an India-based company.

Healthassure is an India-based company founded in 2011.

unamia is an India-based company.

21 Results
Page 1 of 1
Results per page:
Powered by Golden Research Engine

People

Name
Role
LinkedIn

Adit Parekh

Employee

Ashish Fafadia

Employee

avantika vohra

Employee

ConstellationBlu Jobs

Founder

Dhanasree Molugu

Employee

Karthik Reddy

Employee

Mahima Dev

Employee

Rana Kashyap

Investor

Rishi Khanna

Investor

Rohan Paranjpey

Employee

Sanjay Nath

Employee

Shrikant Shelke

Employee

Further reading

Title
Author
Link
Type
Date

Documentaries, videos and podcasts

Title
Date
Link

Companies

Company
CEO
Location
Products/Services

Classplus

Kaleidofin

Leverage Edu

m.Paani

Purplle

Purplle

RailYatri

TapChief

Tricog Health

Unacademy

News

Title
Author
Date
Publisher
Description
Peerzada Abrar & Samreen Ahmad
September 2, 2020
@bsindia
Valuation jumps 3-fold in last six months to $1.45 billion; becomes the second unicorn in edtech space after Byjus
Samreen Ahmad
March 3, 2020
@bsindia
The start-up would be investing the fund to expand its product line and establish presence in Africa and Asia including India, China and Japan
Press Trust of India
February 19, 2020
@bsindia
Blume started in 2011 raising an entirely domestic Rs 100 crore fund from HNIs (high net-worth individuals) and subsequently raised a $60 million fund (Rs 400 crore) in 2016
Samreen Ahmad
February 19, 2020
@bsindia
Edtech firm raises $110 mn in round led by General Atlantic, with participation from Flipkart CEO Kalyan Krishnamurthy, udaan co-founder Sujeet Kumar among others
Yuvraj Malik
December 30, 2019
@bsindia
Read more about Leverage Edu raises $1.5 million from DSG Consumer, Blume Ventures on Business Standard. The consulting and career start-up helps students get admission into foreign universities
Pramugdha Mamgain
Invalid Date
DealStreetAsia
The Wedding Brigade (TWB) has raised over $1 million in an extended pre-Series A funding round led by Japan-based AET Fund and Blume Ventures.
M Sriram
Invalid Date
DealStreetAsia
The funds raised will be used for expanding partners 10X, creating video content and providing sales tools, and invest in technology to grow the business.
M Sriram
Invalid Date
DealStreetAsia
Venture capital investments in business-to-business (B2B) startups set new records in 2018, investors said, adding with access to large global markets and growing focus on artificial intelligence, 2019 could be even bigger.

References

Golden logo
Text is available under the Creative Commons Attribution-ShareAlike 4.0; additional terms apply. By using this site, you agree to our Terms & Conditions.