Library
Feb 2018
Blume Day VII – in a word: Scale!
Feb 9th, Blume Day 2018, our 7th edition saw…. Lets rewind for a moment – to 2011, our inaugural year …. Blume Day Edition I – at Mumbai’s Breach Candy Club – saw all of 30 – 40 guests, half a dozen portfolios (actually fairly large even then, by Investment Year 1…Connecting Dots, Discovering Constellations: Sharing Stories, Part II
Part I The perfect night sky is a plethora of possibilities – shooting stars, manmade…- Authors
- Karthik Reddy
- Topics
- #BlumeDay
Connecting Dots, Discovering Constellations: Sharing Stories, Part I
The Blumiers arrived at Sariska on a chilly mid-December evening. A small bus-load of team members, half a dozen portfolio founders and a couple of colleagues from our extended family, Constellation Blu. We gathered around the bonfire for the feast – the feast was just not a…- Authors
- Karthik Reddy
- Topics
- #BlumeDay
Nov 2017
(Re)discovering the valley – five insights from our recent visit
By Sanjay Nath and Rohan Paranjpey This blog post comes after a recent visit to Silicon Valley earlier this month. Thanks to our association with the Draper Venture Network (DVN), we find ourselves, along with a handful…The Blume Fellowship: Leveling up
“…Bay Area, Beijing and Bangalore – that’s where the action is”, said Uber founder, Travis Kalanick, at a Startup India Summit held at New Delhi in January 2016. As exciting as that sounds for most of us in the ecosystem, it is also a pipe-dream for many when it…
Sep 2017
Journey of Startup FINANCE teams in India | Outsourcing Finance teams to CFOs | (Part II of III)
PRE A ROUNDS / SERIES A ROUNDS / MONETISATION STAGE The post endeavors to explain, how a startup start to hire finance talent just around their Pre A / Series A / A+ and the successful journey of scale up of finance teams mimicked with the business…- Authors
- Ashish Fafadia
Journey of Startup FINANCE teams in India | Outsourcing Finance teams to CFOs | (Part I of III)
Context One of the key points that signify start up having matured is – Finance team, its functioning, leadership and how it collaborates with the CEO and rest of the core team to achieve the desired goals of the startup. While working with the…- Authors
- Ashish Fafadia
Aug 2017
Building a Safe, Inclusive Culture and a Diverse Workplace: Part I
This is the 1st of a 2‑part blog series on building culture and fostering diversity and inclusion within the workplace. Before we talk of what sets apart culture of one firm from another, the first box to be ticked is the safety and protection of all…SEED ROUND DOCS NEGOTIATIONS - FIRST PRINCIPLES
(This post is not about clauses that need to be negotiated or not negotiated. It just tries to analyse how (and whether) past round documents have an impact on future round document clauses). .…before signing on the dotted line, founders need to have…- Authors
- Ashish Fafadia
Jul 2017
Part 1: Journey to Jakarta Chronicling a visit of Blume and our founders, exploring the South-East Asia tech ecosystem
This warm welcome that greets you the minute you arrive in Jakarta is at once genuine and infectious. Just like India, it makes visitors immediately feel at ease and indeed, welcome! A special thanks here to our hosts, the Draper…
May 2017
To dos for Founders wishing to raise Foreign Capital (Part 1 of 2) - FCGPR Compliance and issues around it
Background A significant quantum of capital fuelling startups is from overseas sources through the Foreign Direct Investment (FDI) route. When a company obtains capital through the FDI route, several compliances under the Foreign Exchange Management…- Authors
- Ashish Fafadia
FOCUS!
I first heard it as we passed a Buddhist temple en route to the Forbidden Palace in Beijing. The guide was a very talkative cherubic lady, named Ta-ta. She was well informed about most things Indian, including her namesake Ratan. And amongst various statistics and facts that…- Authors
- Karthik Reddy
A day in the life of the people who make a startup
By Rohan Paranjpey, Principal, Blume Ventures The Blume team went on an interesting expedition while we were in Bangalore. Though we travel almost on a weekly basis to our portfolio company offices in Bangalore, Mumbai and…Tech-enabled rental brokerage company Fastfox.com raises 30 crore
In April, Home rental startup FastFox.com raised 30 crore rupees in a Series A funding round from Lightspeed India Partners, Blume Ventures and CyberAgent Ventures. Sajid Fazalbhoy of Blume Ventures and Pallav Pandey, Founder & CEO…- Authors
- Namrata More
Apr 2017
Data, loyalty and marketing platform, m.Paani raises $1.35 mln
Some of you may have heard that one of our portfolio companies m.Paani recently raised $1.35 mln in a round led by IDG Ventures India, Saha Fund and Blume. So, we chatted with Sajid Fazalbhoy, Principal at Blume and Investment Lead for m.Paani as well as…- Authors
- Namrata More
What we saw in China and what India can learn from it?
The entire Blume team (with exception of our CFO, Ashish, who stayed back for urgent work) visited China in middle of March 2017. This was the first ever visit to mainland China for most of us, scheduled around an anchor of a Chindia business conference in Beijing on March…- Authors
- Arpit Agarwal
ChIndia Chronicles : Infrastructure learnings from China
This second blog in the ChIndia Chronicles series (first one is here) explores various infrastructure lessons from China that…
Mar 2017
ChIndia Chronicles : India Vs China - a qualitative study
Fresh from a 2‑week long trip to China, after having interacted closely with various stakeholders in the Chinese startup ecosystem — Investors, Startups, BAT (-B) and Govt. officials, here’s the first post to capture the rich learnings. This post aims to explore…CERTIFICATE FOR LOWER DEDUCTION OF TAX
Take the following example: Startup A offers service worth ₹50,000 to a larger business. April 1, 2016 is the date on which service was availed and payment was due.B will have to pay ₹50,000 to A. They won’t transfer the full value. Instead they will do…- Authors
- Ashish Fafadia