Blume Ventures

A venture capital firm in India that focuses on technology.

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Issue #665

Inaccurate content

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Opened 4 years ago by

Vinay Nagaraja Rao

Issue opened by Vinay Nagaraja Rao — 18 November, 2020 6:24 am

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

Vinay Nagaraja Rao

commented 4 years ago

Blume has not invested in Trell and Zopper. Blume has backed 145+ startups till date (not 190). Blume's most recent investment was in Uolo (https://economictimes.indiatimes.com/tech/funding/uolo-raises-rs-20-crore-from-omidyar-blume-ventures/articleshow/79144509.cms) Blume has had 22 exits (source: Vinay Rao - Marketing Lead at Blume Ventures)

Vinay Nagaraja Rao

commented 4 years ago

COrrection. Zopper is a Blume company. Blume has not invested in Trell.

Vinay Nagaraja Rao

commented 4 years ago

Here is a full list of Blume portfolio companies: https://blume.vc/portfolio/

Issue closed by Vinay Nagaraja Rao — 18 November, 2020 6:49 am

This issue has been closed.

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