Newsroom

For homegrown seed funds, taking their investee startups to the next round, navigating the oligopoly of ten funds which dominated the Series A stage, was the hardest challenge, according to Reddy. He explains how the VC fund established itself against the odds.

In the intricate world of venture capital, a critical aspect that is often overlooked is its dual nature of a two-sided marketplace

The article discusses a significant shift in the Indian startup ecosystem, highlighting the growing trend of startups going public after a period of avoidance. This move signals a new era for Indian tech companies, marking a departure from the Silicon Valley model of prolonged…

Blume Ventures, a venture capital firm that has backed unicorns such as Unacademy, Slice, Purplle, Spinny, and others, recently announced its inaugural fund. Its extension Fund IA, has received five times the capital invested so far. This capital is projected to realize six…

Sumangal Vinjamuri is AVP, Investments; and Sanjay Nath is Partner, Investments at Blume Ventures, an early-stage Indian venture capital firm. The year 2023 has been one of dichotomies for the Indian startup ecosystem. GlobalData reports that between Jan-Oct 2023, 920 deals…

GreyOrange, which provides automation solutions for warehouse operators and retailers, said it raised $135 million in a round led by Anthelion Capital.

Shereen Bhan speaks to Sanjay Nath, Co-Founder and Managing Partner at Blume Ventures, Dev Khare, Partner at Lightspeed & Rajesh Sawhney, Founder & CEO of GSF Accelerator.

In the bustling avenues of Shenzhen, a group of innovators huddle together in a co-working space, creating the next big product in the ​“Silicon Valley of Hardware”. Thousands of miles away, in the suburbs of Pune, another entrepreneur sketches plans for a fintech solution that…

Fund1Y is Blume’s third growth fund, where Blume has already raised INR 200Cr of the INR 400Cr target with visibility for the remaining corpus. Ashish speaks about how Blume Ventures will utilize the funds from Fund 1Y, how to raise a new fund in today’s tough…

Mumbai, 21^st June: Blume Ventures continues to innovate and evolve. Today Blume Ventures announced the first close of their new opportunity fund, Fund 1Y. This is Blume’s third growth fund, and they have already raised INR 200Cr of the INR 400Cr target with visibility for the…

Mumbai, India, March 20, 2023. Blume Ventures, one of India’s largest homegrown early-stage venture capital firms, is delighted to announce the elevation of two senior members of its investment team, Arpit Agarwal and Sajith Pai, to Investment Partners at the…

Blume Ventures, India’s leading homegrown venture fund has announced the close of its Fund IV at over $250million bringing the firm’s AUM to over $600 million. Blume focuses on early-stage, innovative technology-led startups. Blume backs entrepreneurs either building to solve…

We are happy to announce three new additions to our exceptional team. In the eleventh year of our existence, we have now entered a new phase of growth. Our companies are mature (three unicorns and many more soonicorns already!) and our brand identity has recently been…

We got ourselves a makeover! Blume is over a decade old now, and it was time to look like the firm we have become and aspire to be as we grow from strength to strength this coming decade. When we first decided to get started on this journey, we were obsessed with…

We onboarded our new Analyst team over the last few weeks here at Blume. This is Blume’s fourth Analyst cohort, with our alums currently making us proud across the larger ecosystem. Analysts play a special role at our company. The world of Venture Capital looks…

In August 2020 we launched the Blume‑U Velocity program — a seven week program for our early stage portfolio founders. We have always believed that a structured learning program, specially crafted and engineered for our early-stage founders, has immense value. This therefore…

We are looking to hire an Associate – Investor Relations to help position Blume appropriately and strategically with analysts, investors and stakeholders. The chosen applicant will report directly to the Head – Investor Relations, and will be responsible for owning…

The first few months of the year are always an exciting time at Blume. Why? Because it’s the time to meet a new set of inspiring women building companies and reshaping sectors, aka our Lead Tribe cohort! While the first cohort of Lead Tribe ended in April 2021, the…

We are pleased to share that Mettl, a Blume Fund I portfolio company, has entered into an agreement to be acquired by global consulting firm Mercer. Mettl was founded in 2010 by Ketan Kapoor and Tonmoy Shingal and is based out of Gurgaon, India (Delhi NCR). It will be…

Blume Ventures, in partnership with Avendus, launched and closed a first-of-its-kind product for Indian investors in late 2020. The INR 300 crore target fund is now closed at INR 350 crores, and was oversubscribed. The recently closed secondaries fund, named Blume Ventures…