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.
The Mumbai-based brand also announced an Employee Stock Ownership Plan (ESOP) liquidity programme, offering INR 50 crore in liquidity to its employees.
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.
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.
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.
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.
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.
The Bengaluru-based health monitoring device maker will allocate the funds to enhance manufacturing capacity and deeper research in the health tracking space.
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.
The Bengaluru-based startup, Segwise, is building AI agents that can operate across all the layers of the product growth stack starting with monitoring data for opportunities and issues to eventually running growth experiments.
On Thursday, Blume Ventures announced the first close of its new opportunity fund, Fund 1Y. This is Blume's third growth fund, and it has already raised INR 200 crore of the INR 400 crore target with visibility for the remaining corpus.
The co-founder and partner at Blume Ventures talks about the vision of the $250-million Fund IV. He is on Entrepreneur India's Digital Cover for January 2023
With the fresh fund, the company aims to build more tools for our customers and to become the de facto black box solution for Indian enterprises to scale up their inside sales