Many team members at Unicorn Nest are Ukrainians affected by Russian aggression. We do our best to solve any issues and answer your questions in the shortest possible time frames but some delays are possible.

Blume Ventures

Founders Karthik Reddy Sanjay Nath

Overview

Investments

Unlock datapoints

Portfolio analytics

Team

News & Media

Add fund to favorites
info
Save this fund for later to form your own custom list of funds
This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

Need help with fundraising?

We offer an assisted fundraising option for startups

Learn more
Total investments 401
Average round size
info
The average size of a deal this fund participated in
$10M
Portfolio companies 220
Rounds per year 30.85
Lead investments 70
Follow on index
info
How often the fund supports its portfolio startups at next rounds
0.44
Exits 27
Key employees 4
Stages of investment
Early Stage Venture
Seed

Areas of investment

  • Software
  • E-Commerce
  • Internet
  • Mobile Apps
  • Information Technology
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.

Read more

Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Blume Ventures:
Typical Co-investors
Blume Ventures is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Blume Ventures:

Funds with similar focus

Funds from India
Funds with similar focus located in India:
Funds with the same geo focus
Funds with similar geography of portfolio companies:
Funds doing lead investments
Funds with similar focus acting as lead investors:

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Stellapps

AgTech
Apps
Farming
Internet of Things
Software
21 Oct 2024 Bengaluru, Karnataka, India

Sports For Life

Sports
$3M11 Oct 2024 Bengaluru, Karnataka, India

Atomicwork

Information Technology
Internet
SaaS
$3M18 Sep 2024 San Francisco, California, United States

Zivy Inc

Software
$1M11 Sep 2024 Lewes, Delaware, United States

Fashor

E-Commerce
Fashion
$5M13 Aug 2024 Mumbai, Maharashtra, India

ElectricPe

$3M29 Jul 2024 Bengaluru, Karnataka, India

Multipl

Financial Services
Payments
Software
$1M17 Jul 2024 Bengaluru, Karnataka, India

Namma Yatri

Information Technology
Internet
$11M16 Jul 2024 Bengaluru, Karnataka, India

Wify

Building Material
Home Decor
Home Services
$3M01 Jul 2024 Mumbai, Maharashtra, India
News
Ultrahuman Raises $17.5M in Series B Funding

– Ultrahuman, a Bengaluru, India-based healthtech wearable glucose tracker, raised $17.5m in Series B funding.
– The round was led by Alpha Wave Incubation (AWI), Steadview Capital, Nexus Venture Partners, Blume Ventures and Utsav Somani’s iSeed fund, as well as Tiger Global’s Scott Schleifer, Sandeep Singhal, Kunal Shah, Sujeet Kumar, Deepinder Goyal, Gunjan Patidar, Gaurav Munjal, Revant Bhate, Mohit Gupta, Vikram Dhingra and Roman Saini.
– The company intends to use the funds for geographical expansion and improvement of its biomarker technology.

Amazon backs Indian wealth management service Smallcase in $40 million funding

Amazon backed Bangalore-based startup Smallcase in a $40m Series C financing round.
– The round was led by Faering Capital and Premji Invest.
– Existing investors Sequoia Capital, Blume Ventures, Beenext, DSP Group, Arkam Ventures, WEH Ventures and HDFC Bank also participated in the new round.
– Smallcase offers a platform to help introduce a new generation of investors to the Indian equity markets.
– The startup offers an in-house team of licensed professionals who offer more than 100 portfolios of stocks and exchange-traded funds, as well as provides its users access to independent investment managers, brokerages and wealth platforms.
– Smallcase has amassed over 3 million users, who are transacting about $2.5 billion each year.

Review

  • No reviews are submitted yet.
Do you want more?
We provide dozens of additional datapoints about this fund.
Sign up and get access to full fund profile and advanced analysis.
Full team
Industries heatmap
Stages heatmap
Georgaphy breakdown
Coinvestors
Portfolio analysis
Performance indexes
Latest highlights
Unlock all data
Do you represent Blume Ventures?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!
Total investments 401
Average round size 10M
Rounds per year 30.85
Peak activity year 2022
Lead investments 70
Follow on index 0.44
Exits 27
Group Appearance index 0.85

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Stellapps

AgTech
Apps
Farming
Internet of Things
Software
21 Oct 2024 Bengaluru, Karnataka, India

Sports For Life

Sports
$3M11 Oct 2024 Bengaluru, Karnataka, India

Atomicwork

Information Technology
Internet
SaaS
$3M18 Sep 2024 San Francisco, California, United States

Zivy Inc

Software
$1M11 Sep 2024 Lewes, Delaware, United States

Fashor

E-Commerce
Fashion
$5M13 Aug 2024 Mumbai, Maharashtra, India

ElectricPe

$3M29 Jul 2024 Bengaluru, Karnataka, India

Multipl

Financial Services
Payments
Software
$1M17 Jul 2024 Bengaluru, Karnataka, India

Namma Yatri

Information Technology
Internet
$11M16 Jul 2024 Bengaluru, Karnataka, India

Wify

Building Material
Home Decor
Home Services
$3M01 Jul 2024 Mumbai, Maharashtra, India
Crunchbase icon

Content report

The following text will be sent to our editors: