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Blume Ventures

China-India tech investments: A running start

The past 12 months has seen a long-expected surge of investments into India’s technology sector by Chinese financial and strategic investors. They are providing a significant boost to the local market

  • Greater China
  • 07 March 2018
India's HealthifyMe gets $12m Series B

Sistema Asia Fund, a VC unit of Russian conglomerate Sistema, has led a $12 million Series B funding round for Indian fitness lifestyle app operator HealthifyMe.

  • South Asia
  • 12 February 2018
VC holding periods: Delayed gratification

The traditional IPO exit timeline for early-stage investors is being pushed out as technology companies raise additional private funding rounds. A more thoughtful approach to securing liquidity is often required

  • Greater China
  • 07 February 2018
India's Unacademy raises $11.5m Series B round

Sequoia Capital India and SAIF Partners have led a $11.5 million Series B funding round for Indian free-to-use learning platform operator Unacademy.

  • South Asia
  • 18 September 2017
Accel, Shunwei lead $5m round for India's Mech Mocha

Accel Partners and Shunwei Capital have led a $5 million Series A round for Indian mobile gaming start-up Mech Mocha Game Studios.

  • South Asia
  • 28 April 2017
Blume Ventures forms alliance with Draper Venture Network

Draper Venture Network (DVN), a global alliance of VC investors formed by US-based Tim Draper (pictured), has chosen early-stage GP Blume Ventures as its member for India.

  • South Asia
  • 14 February 2017
IIFL, Iron Pillar back India's NowFloats

Indian enterprise web solutions provider NowFloats has raised $10 million in Series B funding from a group of investors including IIFL and Iron Pillar.

  • South Asia
  • 25 January 2017
India's Unacademy raises $4.4m Series A round

Blume Ventures and Nexus Venture Partners have led a INR300 million ($4.4 million) Series A round of funding for Indian free-to-use learning platform operator Unacademy.

  • South Asia
  • 13 January 2017
India's university incubators: Learning curve

Campus incubators intended to channel entrepreneurial talent at Indian universities into competitive start-ups have a patchy track record. VC investors must consider what this means for early-stage deal flow

  • South Asia
  • 11 January 2017
The crystal ball: Predictions for 2017

From LPs looking for realizations from GPs as well as paper gains, to the factors contributing to more buyout opportunities in China, industry participants give their perspectives on the year to come

  • Australasia
  • 14 December 2016
pottery4-1
India VC: Growing pains

The growth potential of India’s technology sector is unquestioned, but there have been relatively few spin-outs to threaten the incumbents. A couple of track record-boosting IPOs would help matters

  • South Asia
  • 30 November 2016
Tech & government: 20 years of early days

Since the dawn of the internet in the mid-1990s spurred a global rebalancing of economic power, Asia’s newest VC heavyweights have raised questions as to how this technology-driven shift will be governed

  • Greater China
  • 10 November 2016
Fund focus: Blume gets early-stage boost

Blume Ventures plans a narrower approach with its second technology-focused fund

  • Technology
  • 02 November 2016
Blume Ventures closes second India fund at $60m

Blume Ventures has reached a final close of $60 million on its second India early-stage fund.

  • South Asia
  • 25 October 2016
India's HealthifyMe gets $6m Series A round

IDG Ventures, Inventus Capital and Blume Ventures have led a $6 million Series A round for Indian health and fitness app developer HealthifyMe.

  • South Asia
  • 11 May 2016
narendra-modi-headshot
India VC: Smooth waters ahead?

India’s government has made promising signals about its willingness to engage the venture capital community. GPs are optimistic, but reservations remain about the details

  • South Asia
  • 02 February 2016
Jungle, Blume in $7.2m round for India's SnapBizz

Jungle Ventures, Blume Ventures, Konly Venture and Taurus Value Creation have led a $7.2 million round for India-based retail technology developer SnapBizz.

  • South Asia
  • 25 January 2016
Blume Ventures in $30m first close on second India fund

Blume Ventures has reached a first close of more than $30 million on its second India early-stage fund. The vehicle has a full target of $60 million.

  • Venture
  • 21 December 2015
Deal focus: Blume targets e-commerce’s back-end

Asian e-commerce companies are having a hard time living up to their billing. Orders may come in at the speed of light, but deliveries come from warehouses that largely still dependent on relatively slow human labor.

  • Technology
  • 19 August 2015
Blume, Tiger Global invest $30m in warehouse robotics start-up

Tiger Global Management and Blume Ventures have led a $30 million Series B round of funding for Indian warehouse robotics developer GreyOrange Robotics.

  • South Asia
  • 11 August 2015
Deal focus: Blume re-ups with RoadRunnr

With the mega-rounds raised by the likes of Snapdeal and Flipkart grabbing headlines over the past 18 months, the e-commerce space has been at the vanguard of India’s venture capital boom. But as well as offering a platform for a new generation tech...

  • South Asia
  • 22 July 2015
Ola and TaxiForSure share a ride

Car ownership in India is very low; according to the country’s 2011 census, passenger vehicle penetration is just 4.9% overall and a mere 9% for urban areas. For a country of 1.3 billion, suffering from poor public transport, it means the demand for...

  • South Asia
  • 11 March 2015
India VCs see early-stage explosion - AVCJ Forum

India has seen an explosion in early-stage investment opportunities but sorting the wheat from the chaff is a challenge, venture capitalists told the AVCJ Forum.

  • South Asia
  • 03 December 2014
GenNext leads Series B round for India's Covacsis

GenNext Ventures - the VC arm of Reliance Industries - has led a Series B round of investment in India-based enterprise software developer Covacsis Technologies.

  • South Asia
  • 06 June 2014
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