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Blume Ventures

Blume Ventures

A venture capital firm in India that focuses on technology.

Contents
Timeline
Funded Companies
Funding rounds
Products
Acquisitions
SBA Awards
Associated investment funds
Accelerator batches
People
Further reading
Documentaries, videos and podcasts
Companies
News
References

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, RailYatri, and Unacademy. As of January 2021, Blume Ventures has made over 145 investments and has had fifteen exits, the most notable of which include Zenatix, Runnr, and Zopp. Blume Ventures provides seed funding in the range of $50K - $250K to early-stage tech-focused/tech-enabled ventures.

Timeline

January 8, 2021
Blume launches 'Founders Fund' to back startups outside its core investment program
December 25, 2020
Healthcare startup Medfin has raised an undisclosed amount in a Series A funding round led by Singapore-based HealthXCapital and Blume Ventures, per an announcement.
February 19, 2020
Blume Ventures announces the final close of Blume Ventures Fund III at $102 million (about Rs 730 crore).

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
Tata Digital in talks for stake in hyperlocal delivery firm Dunzo
June 9, 2021
mint
Dunzo, backed by Google, Lightbox and Blume, among others, had raised $40 million earlier this year
Blume Ventures backs Medfin and 11 more India deal...
Pramugdha Mamgain
December 25, 2020
DealStreetAsia
Japan's Dream Incubator and existing investor Axilor also participated in the financing.
Unacademy turns into unicorn after SoftBank-led funding round
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
Health-tech start-up Tricog raises $10.5 mn from Japanese, US investors
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
Blume Ventures raises $102 mn in Fund III to back early-stage start-ups
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
Facebook makes its second bet in India with investment in Unacademy
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
Leverage Edu raises $1.5 million from DSG Consumer, Blume Ventures
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
Tosshead, EasyFi, The Wedding Brigade, &Me bag funding
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.
Sequoia leads $25m funding in insurance startup Turtlemint
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.
India 2019: Venture capital funding frenzy in B2B startups may continue
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

blume.vc
Is a
Venture capital firm
Company

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