Blume Ventures

Summary

In 2011 was created Blume Ventures, which is appeared as VC. The main department of described VC is located in the Mumbai. The venture was found in Asia in India.

The higher amount of exits for fund were in 2018. Considering the real fund results, this VC is 15 percentage points more often commits exit comparing to other organizations. Deals in the range of 5 - 10 millions dollars are the general things for fund. The important activity for fund was in 2019. The fund is generally included in 13-24 deals every year. The average startup value when the investment from Blume Ventures is 50-100 millions dollars. Comparing to the other companies, this Blume Ventures performs on 20 percentage points less the average number of lead investments.

Besides, a startup needs to be aged 2-3 years to get the investment from the fund. Among the most popular fund investment industries, there are E-Commerce, Health Care. For fund there is a match between the location of its establishment and the land of its numerous investments - India. Among the most popular portfolio startups of the fund, we may highlight GreyOrange, Kaleidofin, Rizort. The fund has no exact preference in a number of founders of portfolio startups. When startup sums 4 of the founder, the probability for it to get the investment is little.

The current fund was established by Karthik Reddy, Sanjay Nath. Besides them, we counted 8 critical employees of this fund in our database.

The standard case for the fund is to invest in rounds with 3-4 partakers. Despite the Blume Ventures, startups are often financed by Rajan Anandan, Nexus Venture Partners, BEENEXT. The meaningful sponsors for the fund in investment in the same round are BEENEXT, Accel, Nexus Venture Partners. In the next rounds fund is usually obtained by Sequoia Capital India, BEENEXT, Accel.