Blume Ventures
Boon, Cannarma, and Multipl Raise Funding
The Indian startups listed below have disclosed investment rounds.
Blume Ventures, Antler Lead USD 11 Mn Investment in Namma Yatri Creator Moving Tech
Moving Tech plans to invest the funds in technology, R&D, and product innovation to empower drivers, integrate public transport, and enhance the customer experience.
Fostering a Market-Thesis-Driven Investment Formula: Blume Ventures
Purplle, GreyOrange, Exotel, IDfy, Carbon Clean, TaxiForSure, Turtlemint, Cashify, IntrCity, Zopper, WebEngage, Unacademy, Slice, Spinny, Servify, smallcase, LambdaTest, Ultrahuman, Classplus, and Battery Smart are just a few of the significant companies in which Blume has invested.
Beauty Unicorn Purplle Gains INR 1,000 Cr Investment, Offers Major ESOP Liquidity
The Mumbai-based brand also announced an Employee Stock Ownership Plan (ESOP) liquidity programme, offering INR 50 crore in liquidity to its employees.
Ethereal Machines Raises USD 13 Mn in Series A led by Peak XV and Steadview Capital
With the raised funds, the Bengaluru-based startup aims to build a new smart factory in Bengaluru and hire AI and software engineers to expand its line of products.
Battery Smart Raises USD 65 Mn in Series B to Boost EV Battery Swapping Network
Orios Venture Partners achieves a 29x return with a strategic partial exit from Delhi-based EV startup, enhancing early-stage investment success.
Agritech Robotics Startup Niqo Robotics Bags USD 13 Mn in Series B Round
The Bengaluru-based platform aims to use the fresh funds to expand to new markets and accelerate the commercial adoption of spot spray globally.
To date, the Indian environment tech sector has raised USD 7.3 Bn in funding
India's financing for environmental technologies increased significantly between 2018 and 2022, from USD 0.23 billion to USD 2.47 billion, according to a Tracxn analysis.
LightFury Games Raises USD 8.5 Mn Funding from Blume Ventures, Mixi, and Gemba Capital
Utilising the money, the startup intends to hire people in India and the UK to build AAA games, which are usually high-profile, high-budget projects.
Compliance Automation Startup Sprinto Secures USD 20 Mn from Accel, Elevation Capital, and Blume Ventures
The San Francisco and Bengaluru-based platform aims to deploy fresh funds for R&D, with a sharp focus on intelligent automation and AI, and expand into new markets.
AI platform SiftHub Secures USD 5.5 Mn Led by Matrix Partners India and Blume Ventures
The majority of the funding will be used by the US-based AI platform for early go-to-market (GTM) motion and product development.
Sustainable Packaging Startup Bambrew Raises INR 60 Cr Led by Blume Ventures
With the raised funding, the Bengaluru-based clean-tech startup aims to expand into primary packaging for FMCG, food, and beverage product categories, expanding its manufacturing capabilities, R&D, and team.
Grocery Retailer SuperK Secures USD 6 Mn in Series A from Blume Ventures and Others
The Bengaluru-based startup aims to deploy the raised funds into technology infrastructure, hiring, and amplifying the platform's reach to fuel connections between digital native brands and their customer base.
Wearable Tech Startup Ultrahuman Raises USD 35 Mn in Series B from Blume Ventures, Steadview Capital and Others
The Bengaluru-based health monitoring device maker will allocate the funds to enhance manufacturing capacity and deeper research in the health tracking space.
The Acceleration In Growth Should Pick Up From Here For The Next Decade: Blume Ventures' Karthik Reddy
The next 10 years present an opportunity for explosive growth in India, and the alternate capital ecosystem will be among the leading drivers of this growth, facilitated by the rapid growth in digital infrastructure.