Blume Ventures

Founded 2011
Founders Karthik Reddy Sanjay Nath

Overview

Unlock datapoints

Portfolio analytics

Team

Investments

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.
Total investments 219
Average round size
info
The average size of a deal this fund participated in
$5M
Portfolio companies 136
Rounds per year 21.90
Lead investments 45
Follow on index
info
How often the fund supports its portfolio startups at next rounds
0.42
Exits 17
Key employees 4
Stages of investment
Early Stage Venture
Seed

Areas of investment

  • Software
  • E-Commerce
  • Internet
  • Mobile Apps
  • SaaS
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, Mumbai
Funds with similar focus located in India, Mumbai:
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

CompanyIndustryRoundRound SizeDateInvestorsLocation

dezerv.

Financial Services
FinTech
1
$7M02 Sep 2021 India, Mumbai

Winvesta

Financial Services
FinTech
1
25 Aug 2021 United Kingdom, London

smallcase

Financial Services
1
$40M18 Aug 2021 India, Bengaluru

Ultrahuman

Fitness
Wellness
1
$17M16 Aug 2021 India, Bengaluru

Ati Motors

Electric Vehicle
1
$3M14 Jul 2021 India, Karnataka

slice

Banking
Consumer
Consumer Lending
Coupons
Financial Services
FinTech
Internet
Lending
Payments
Service Industry
n/a
$20M28 Jun 2021 India, Bengaluru

ApnaKlub

E-Commerce
Wholesale
1
24 Jun 2021 India, Bengaluru

Exotel

Cloud Data Services
Messaging
Mobile Apps
n/a
$5M02 Jun 2021 India, Bengaluru

Jai Kisan

Agriculture
AgTech
Financial Services
FinTech
1
$30M31 May 2021 India, Mumbai
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 im... Read more
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 o... Read more

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!
Crunchbase icon

Content report

The following text will be sent to our editors: