Library

Dec 2025

  • Slide showing an illustration of a person reading while surrounded by books, vinyl records, and a podcast recording setup

    Blume Recommends: Our favorite books, AI tools, podcasts, and more from 2025!

    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…
    Authors
    Elton Coelho, Ria Shroff Desai, Sajith Pai…+5
  • Untitled design 18

    Why we invested in Confido Health

    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…
    Sectors
    Artificial Intelligence
    Authors
    Sanjay Nath, Sumangal Vinjamuri, Shrey Shah
    Topics
    • #Investing
  • Slide titled ‘3 Signals of a Voice AI Platform That Actually Works,’ describing three sections including natural conversations at scale, a real platform under the hood with ASR and orchestration, and operational muscle beyond technology, with SquadStack.ai and Blume branding visible, highlighting evaluation criteria.

    How to Evaluate Voice AI Platforms (Without Getting Lost in the Hype)

    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…
    Sectors
    Artificial Intelligence
    Authors
    Apurv Agrawal

Oct 2025

  • Whats App Image 2025 10 28 at 14 43 16

    Initial $175 Million Close Of Our Fund V (Target Of $250–275 Million For The Final Close)

    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 15th anniversary, continues its focus on early-stage Indian ventures across health-tech, consumer, fintech, and…
    Authors
    Karthik Reddy
    Topics
    • #Fundraising
  • Slide titled “Building AOPs That Work: Real Lessons From Seasoned D2C Founders” with Blume branding and abstract line art with rupee symbols

    Building AOPs That Work: Real Lessons from Seasoned D2C Founders

    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…
    Sectors
    Commerce & Consumer Brands
    Authors
    Rohit Kaul
  • Slide titled “Code, Community, and Capital Efficiency: How Namma Yatri Outmaneuvered Ride-Hailing Giants” with Namma Yatri and Blume branding, showing Magizhan Selvan and Shanmugavel Mani Subbiah (Shan M S)

    Code, Community, and Capital Efficiency: How Namma Yatri Outmaneuvered Ride-Hailing Giants

    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…
    Authors
    Elton Coelho, Rohit Kaul
    Topics
    • #Spotlight
  • IMG 6709 2

    Why We Invested in OZi

    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,…
    Sectors
    Vertical Commerce
    Authors
    Sajith Pai, Anurag Pagaria
    Topics
    • #Fundraising

Sep 2025

  • Manufacturing

    Why We Invested in iDO Devices: Building India's Electronics ODM Champion

    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…
    Sectors
    DeepTech
    Authors
    Arpit Agarwal
  • Lucira

    Why we invested in Lucira

    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…
    Sectors
    Commerce & Consumer Brands
    Authors
    Apurva Dixit
  • Bck2

    WizCommerce raises a $8m Series A led by Peak XV Partners

    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,…
    Sectors
    Commerce Enabler
    Authors
    Sajith Pai
  • Image showing illustration of a building with upward arrow and a rocket launching, representing growth

    Great Businesses vs VC Backable Businesses

    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…
    Authors
    Marmik Mankodi

Aug 2025

  • Slide titled “The Age of Intelligent Finance: Part 1 – The Personalization Playbook” with Blume branding and date November 2025.

    The Age of Intelligent Finance: The Personalization Playbook

    In 2022, ChatGPT rocketed to one million users in less than a week; today, it serves hundreds of millions globally. The next frontier is AI-powered personal finance guidance. India, despite digital finance innovations like UPI and Account Aggregators, suffers from low financial…
    Authors
    Joseph Sebastian

Jul 2025

  • Slide titled ‘Hidden in Plain Sight,’ describing Battery Smart founders Pulkit Khurana (CEO) and Siddharth Sikka (COO) with subtitle on electrifying India’s last mile through battery swapping, highlighting a startup story.

    Hidden in Plain Sight: How Two IITians Electrified India's Last Mile, One Battery Swap at a Time

    Pulkit Khurana and Siddharth Sikka started Battery Smart in a cramped Delhi shop with a bold vision: make EV charging as simple as filling petrol. Today, it’s India’s largest battery-swapping network, enabling over 125,000 daily swaps across 1,500 stations. Focused on…
    Sectors
    ClimateTech
    Authors
    Elton Coelho, Rohit Kaul
    Topics
    • #Spotlight
  • Slide titled ‘From Trading Algorithms to Teaching AI to Farm,’ describing Jaisimha Rao identified as Founder and CEO of Niqo Robotics, including a subtitle on revolutionising agriculture, highlighting a founder journey.

    From Trading Algorithms to Teaching AI to Farm: How Jaisimha Rao is Revolutionising Agriculture

    From Wall Street to farmland, Jaisimha Rao’s journey is reshaping global agriculture. After managing billions at BlackRock during the 2008 crisis, Jai returned to India to tackle one of the oldest, most inefficient industries — farming. What started with a wheelbarrow and a camera…
    Sectors
    AgriTech
    Authors
    Elton Coelho, Rohit Kaul
    Topics
    • #Spotlight
  • Slide titled ‘Compounding Careers in VC,’ describing venture capital career growth, including the subtitle “The Real ‘Super Returns’” and an illustration of a person ascending upward, highlighting progression and upward trajectory.

    Compounding Careers in VC: The Real "Super Returns"

    Success in venture capital doesn’t just come from picking the right startups — it comes from playing the long game across relationships, expertise, and reputation. Careers in VC compound like investments, with exponential returns for those who build trust, stay patient, and learn…
    Authors
    Ria Shroff Desai

Jun 2025

  • Rohit Field Notes Cover Image

    Quick Commerce Handbook: Field Notes from the Frontlines

    Quick Commerce Handbook: Field Notes from the Frontlines,” offers a comprehensive guide to achieving sustainable growth in the quick commerce sector. It features battle-tested insights from three experienced founders: Prince (Plush), Tushar (Perfora), and Sri (Gobblecube), who…
    Sectors
    Commerce & Consumer Brands
    Authors
    Rohit Kaul
    Topics
    • #QuickCommerce
  • Power Up Money Raises 7 1 Mn in Funding

    Why We Invested in PowerUp Money

    Over the last decade, India has made investing more accessible through platforms like Zerodha and Groww. But while transactions have been simplified, access to quality investment advice remains severely limited. With only ~1,000 SEBI-registered advisors for over 50 million…
    Sectors
    FinTech
    Authors
    Ashish Fafadia, Joseph Sebastian
    Topics
    • #Fundraising
  • Slide titled “A Pixxel Perfect Vision: How India’s Space Startup is Redefining Earth Observation” with Pixxel and Blume branding, featuring two founders

    A Pixxel Perfect Vision: How India's Space Startup is Redefining Earth Observation

    Pixxel, a deeptech startup based in Bangalore, is redefining Earth observation with its hyperspectral imaging satellites that see far beyond what traditional systems can. Founded by Awais Ahmed and Kshitij Khandelwal, Pixxel has evolved from student ambition to a global…
    Sectors
    DeepTech
    Authors
    Elton Coelho, Rohit Kaul
    Topics
    • #Spotlight

May 2025

  • Navigating the Silicon Frontier Blog Banner 4

    The Impossible Machine: How Two Indian Engineers Built a Manufacturing Juggernaut Against All Odds

    Ethereal Machines, a Blume Ventures-backed startup, has gone from two college students tinkering in a dorm to operating a 55,000-square-foot facility manufacturing precision components for aerospace and healthcare giants. Initially dismissed for trying to build India’s first…
    Authors
    Elton Coelho, Rohit Kaul
    Topics
    • #Spotlight
  • Pricing strategy

    Pricing Strategy For Startups

    Pricing is one of the most powerful — but underutilized — levers for startup growth and profitability. This playbook distills insights from leading startups and enterprises like Adobe, Lenskart, and Zoom to help founders make smarter decisions. From transitioning pricing models to…
    Authors
    Marmik Mankodi