Library

Small and Medium Enterprises (SMEs) are pivotal in driving economic growth and innovation, yet accessing capital remains one of their most significant challenges. SME Initial Public Offerings (IPOs) have emerged as an alternative financing avenue, offering smaller enterprises a direct pathway to public markets. By listing on platforms like BSE SME and NSE Emerge, these businesses can raise growth capital,…

Welcome back to our Insights from a decade of Indian Mainboard IPOs series! In this Part 2, we shift our lens from pre-IPO demographics to the financial performance and capital efficiency of listed companies over the past decade. Join us on this journey as we aim to provide insights to help founders benchmark their companies against the financial…

India’s healthcare financing landscape represents a complex intersection of public policy and market opportunity, particularly highlighted by the significant gap in government healthcare spending at just 1.3% of GDP compared to other BRICS nations. This underinvestment, coupled with the fact that 58% of households face catastrophic health expenditures, has created a ​“Missing Middle” -…

The ​“EdTech Bluprint” offers a strategic analysis of the edtech sector, divided into four key sections. It starts by examining major shifts in edtech over the past 24 months, then broadens the lens to assess macroeconomic influences on education. From there, it narrows in on Blume Ventures’ perspective of the edtech opportunity landscape, and finally, provides a deep dive into specific areas ripe…

Episode 1 of the Omega Files did cause a bit of a flutter last year. There were also a few questions left unanswered and it was for a reason. We need to give more meaningful learnings and data each year and we don’t have a new fund to dissect each year. In fact, Blume Fund II’s declassification and analysis is still at least 3 years away. So, what analysis can one provide in between?Last…

Imagine, for a moment, a world without semiconductors — no smartphones, no internet, no self-driving cars, not even the humble digital toaster. These tiny silicon chips have quietly transformed from niche technical components to the heartbeat of the global economy, accounting for around 1% of global GDP. As we rush toward a future full of AI, electric vehicles, and smart devices, semiconductors are poised to…

India’s public markets have seen significant growth in listing over the years, with forecasts estimating 98 IPOs by the end of 2024. As more and more of our founders prepare to enter the dynamic world of public markets, we often find them inquiring about crucial aspects of IPOs, such as costs, timelines, and the scale of the process. To support this journey, we analysed a decade of Mainboard IPOs on Indian…

Picture this: you’re sitting comfortably in your home, unaware of the magic behind the walls. That magic? It’s HVAC — Heating, Ventilation, and Air Conditioning. This system is the quiet force working day and night, keeping your indoor environment just right, whether it’s the middle of winter or the peak of summer.But HVAC is more than just hot or cold air. It’s a…

India’s agricultural sector, a cornerstone of the nation’s economy, is on the brink of a transformative revolution powered by technological innovation and digital solutions. As a global leader in the production of various agricultural commodities, India is poised to leverage its strengths and overcome existing challenges through the rapidly growing agritech industry. By 2035, the sector envisions a…

Imagine you’re tackling a problem that affects millions and has no easy fix- chronic pain. It’s not the kind of pain that disappears with a quick fix; it lingers, disrupts, and overstays its welcome. Now, picture a landscape filled with bold startups and savvy investors, all racing to conquer this stubborn foe with cutting-edge innovations. From miracle pills and magic touch therapies to sci-fi…

The Indian insurance sector is rapidly evolving, driven by significant regulatory changes and technological advancements. With the country’s insurance market expected to triple in size by 2032, there is substantial opportunity for innovation. InsurTech startups are leveraging digital public infrastructure, AI, IoT, and data analytics to enhance underwriting, claims management, and…

India has the world’s second-largest gaming population, with 568M gamers, and 90% of gamers playing on mobile. While RMG games account for 60% of overall casual gaming revenues, in-app purchases are expected to grow at a 35% CAGR. This brings us to why we decided to dive deeper into this sector. You can check it out

In April 2023, India surpassed China to become the world’s most populous country. While India will continue to be a relatively ​‘young’ country for years to come, India’s elderly population (aged 60 years old and above) of ~145 million population is growing — both in population size and wallet size. The elderly population will grow by ~40% in 2021 – 31 compared to ~8% for the general population in the same…

In case you landed here looking for Indus Valley Report 2025, head here: bit​.ly/​i​n​d​u​s​v​a​l​l​e​y​r​e​p​o​r​t​2​025We are delighted to announce the 2024 edition of the Indus Valley Annual Report! The report identifies key themes, patterns and trends in the Indian startup and venture ecosystem through 150+ insightful and provocative charts. For those of you who…

Green Hydrogen Bluprint discusses the role of green hydrogen in achieving net-zero emissions, highlighting its importance in the renewable energy transition. The report covers the challenges of integrating renewable energy, emphasizing green hydrogen as a key element for reducing CO2 emissions in energy-intensive sectors. It also touches upon the global and Indian context, including the market potential,…