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Posts Tagged ‘ Blume Ventures ’

Rewards startup m.Paani raises $1.35 mn from IDG Ventures, others

Thursday, March 16, 2017 | More »

Rewards startup
Loyalty rewards app mPaani Solutions Pvt Ltd has raised $1.35 million in its pre-series A investment round led by IDG Ventures, Blume Ventures and Saha Fund, the company said in a statement. Existing investors Adil Allana of The Allana Group, Aprameya Radhakrishna, co-Founder of Taxiforsure, and ser...


Existing investor Blume Ventures criticises BHIVE co-founder over funding controversy

Karthik Reddy, co-founder and managing director of early-stage venture capital firm Blume Ventures, has questioned Shesh Rao Paplikar, co-founder and chief executive of coworking space startup BHIVE, for going public over a funding controversy involving a well-known VC firm. Blume Ventures is an exi...

14 March, 2017 | More »


BHIVE funding fiasco – Are there any lessons for startup entrepreneurs?

The road outside the BHIVE Workspace office was teeming with cricket fans at around 4 pm on 7 March as they waited excitedly for the return of the Indian team to The Ritz-Carlton Hotel, where it was staying, after a win against Australia in a test match. The mood inside the BHIVE office was in [&hel...

10 March, 2017 | More »

Blume Ventures

Blume Ventures is VC fund-raiser of the year: VCCircle Awards

Mumbai-based tech-focussed early-stage investment firm Blume Ventures, which closed its second fund of $60 million last year, has won the News Corp VCCircle VC fund-raiser of the year award in recognition of its prolific fund-raise from a largely domestic limited partner (LP) base. The Karthik Reddy...

2 March, 2017 | More »


Practo, Simplilearn, SAIF Partners among winners of VCCircle Awards

Digital healthcare platform Practo, ed-tech firm Simplilearn and diagnostics chain Thyrocare were among the winners at the sixth edition of VCCircle Annual Awards, which recognise the best-performing private equity and venture capital-backed companies and transaction advisers. Private equity firm Mu...

1 March, 2017 | More »


Big data hiring startup Belong raises $10 mn from Sequoia, Matrix Partners

Bangalore-based recruitment solutions startup Belong.co, owned and operated by Belong Technologies India Pvt. Ltd, has raised $10 million (Rs 67 crore) in Series B funding led by Sequoia Capital India. Existing investor Matrix Partners India also invested in this round, Belong said in a statement. T...

28 February, 2017 | More »


Queue management app Sminq acquires software service provider CodePandora

Pune-based Sminq India Solutions Pvt. Ltd, which runs queue management app Sminq, has acquired Codepandora, a UX-focused software service provider, in a cash-and-equity deal. The CodePandora team has joined Sminq and all its members will be part of the stock rewards programme at Sminq, the company s...

14 February, 2017 | More »

Tim Draper, founding partner of Draper Associates & DFJ

Blume Ventures goes global, ties up with US-based Draper Venture Network

Early-stage venture fund Blume Ventures has entered into a strategic partnership with Draper Venture Network (DVN), an alliance of independent venture capital firms that connects leading entrepreneurs and investors around the world. DVN was formed in 1990 by Tim Draper, a leading venture capitalist ...

13 February, 2017 | More »


Exclusive: Student micro-financing startup SlicePay acquires P2P lender Trustio

Blume Ventures-backed digital payment platform for college students SlicePay has acquired Trustio, a New Delhi-based peer-to-peer lending company, in an all equity deal. The acquisition will help SlicePay expand its team and enhance its product capability, Rajan Bajaj, co-founder and chief executive...

2 February, 2017 | More »


Discovery platform NowFloats announces Series B funding from Iron Pillar, IIFL

Hyderabad-based NowFloats Technologies Pvt. Ltd, which helps local businesses create an online presence through its platform NowFloats, has announced that it has raised $10 million (Rs 73 crore) in Series B funding from venture capital (VC) fund Iron Pillar and IIFL (Seed Ventures Fund I & Cash ...

24 January, 2017 | More »

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