
India's Blume closes fourth India VC fund on $250m

India’s Blume Ventures has closed its fourth fund targeting seed-stage tech start-ups on USD 250m, beating a target of USD 200m. Fund III raised USD 105m in 2020.
It follows a first close of USD 105m in November last year. The expectation was to close on target last March. The extension brings assets under management to more than USD 600m. Blume said all its existing...
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