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In 1942, four friends rented a garage in Girgaon, Mumbai, for 75 rupees a month and started making paint. The equipment was coal furnaces and their own hands. Resin cooked over open flame, pigment ground and stirred until it held. They called it The Asian Oil &…

India’s micro VC ecosystem has scaled rapidly since 2022, growing from ~100 funds to 200 – 250+ by 2026, with larger fund sizes ($25 – 30M vs $10 – 12M earlier). The market is maturing: weaker funds have dropped off, while strong ones are raising subsequent funds. The landscape is…

We are thrilled to announce our $4m investment in BIDSO, an Original Design Manufacturer (ODM) for outdoor toys and baby hardlines. This is part of a larger $5.5m equity round. BIDSO previously raised a $1.5m round led by Peer Capital, supported by Sadev Ventures, both…

The piece argues that most marketplaces are structurally trapped at ~10% CM1 and turn to private labels/​ads to compensate — both of which hurt retention. AI is currently being deployed in research (already commoditized), coordination (genuine near-term value, especially in…

The piece uses the metaphor of quantum orbit shifts to describe Blume Ventures’ evolution alongside India’s startup ecosystem. As ambition scales from $100M outcomes to billion- and even $100B-scale visions, orbit shifts are enabled by aligned forces — founder ambition, customer…

SquadStack’s journey traces how a crowdsourced task marketplace evolved, through multiple pivots and crises, into a voice AI leader. Years of operating distributed contact centres helped them quietly accumulate massive, real-world call data. When the AI wave hit, that data…

2025 began with bets on DefenseTech, green hydrogen and semiconductors, but border conflict shifted focus. Gaps in drones and electronic warfare sparked rapid startup activity, backed by emergency procurement. Momentum should last 2 – 3 years, with spillovers into aviation…

The piece outlines continuity in focus for 2025 – 26: India’s structural shift toward formalisation, AI as a lever for Indian founders to disrupt global verticals, and large opportunities in physical, under-innovated ​“atoms” businesses. It notes VCs going global, Blume’s…

AI is transitioning from individual agents to a collaborative ​“agentic workforce.” While 2025 delivered solid progress on AI benchmarks through reasoning models and RLVR, the real story is behavioral: agentic inference is the fastest-growing usage pattern, with models executing…

The Blume team’s year-end recommendations span books, shows, podcasts, AI tools, music, and lived experiences. From decision-making and hospitality to thrillers, productivity workflows, travel, and family traditions, it’s a curated mix of insights, inspiration, and joy worth…

The US healthcare system faces a deep administrative staffing crisis that hiring alone can’t fix. Rising labour costs, high turnover, and missed calls are directly hurting hospital revenue. At the same time, voice AI has matured enough to handle real conversations and integrate…

This is a guest post by Apurv Agrawal, Co-founder and CEO of Squad​Stack​.ai, a Blume Fund II portfolio company. Search got solved. Coding is getting eaten by models. Now we’re entering the next interface shift: Voice as…

Blume Ventures has announced the initial close of Fund V at $175 million, targeting a final close of $250 – 275 million by early 2026. The fund, marking Blume’s 15^th anniversary, continues its focus on early-stage Indian ventures across health-tech, consumer, fintech, and…

Discover how seasoned D2C founders Romita Mazumdar (Foxtale) and Abhishek Agarwal (Farmley) built ₹400 crore consumer brands using comprehensive annual operating plans as daily operating systems. Learn proven, practical frameworks for channel-wise P&L planning, SKU-level…

Namma Yatri was born from a grassroots driver movement in Bangalore seeking a fair alternative to exploitative ride-hailing apps. The founders, Mags and Shan — engineers from Juspay — immersed themselves as auto drivers to deeply understand their challenges. Their empathy-led…

Blume Ventures announced its seed investment in OZi, a vertical quick commerce startup focused on baby care, founded by Amit Sah (ex-Oyo, Ola, Pristyn Care). The firm’s thesis: just as vertical e‑commerce (e.g., Myntra, FirstCry) emerged alongside horizontal players (Amazon,…

India’s electronics manufacturing is at a turning point. While brands understand consumers, they still depend on China for design and manufacturing. Original Design Manufacturers (ODMs) like iDO Devices bridge this gap by managing the entire product journey — from chipset…

Blume Ventures spent 2024 deeply evaluating the jewellery and lab-grown diamond (LGD) market, debating whether it could create a ₹1000 Cr outcome. Despite skepticism around brand-building and consumer trust, the firm found conviction in Lucira, led by Rupesh and Vandana. Their…

We are pleased to announce that WizCommerce has raised an emphatic $8m Series A led by India’s largest venture fund, Peak XV Partners (erstwhile Sequoia Capital India). Strong growth momentum, intense customer love demonstrated in 205% NRR, and effusive ref checks,…

The Indian startup ecosystem is maturing, shifting from chasing valuations to focusing on fundamentals. Venture capital thrives on outliers, not averages — returns come from a handful of fund-returners. What makes a business VC-backable is not just being ​“great,” but showing…