Blume Ventures

Company's omnichannel platform trains students in allied healthcare programmes

Company will use the financing to add more batteries to its network and expand services

VC firm's Fund IV will invest in some 35 companies in edtech, fintech, health and other sectors

Company assists OEMs and others with the latest technology and components

Company will use the money to strengthen manufacturing, supply chain and hire talent

Company enables crypto investors to manage accounting and compliance to local laws

HealthAssure is targeting the massive $ 40 billion OPD and Insurance market in India by 'productizing' the largest HMO ecosystem of primary care

The SaaS-enabled talent marketplace will use the Series B round fund to strengthen its team, increase its sales experts base and expand into new verticals

Aerem was founded in 2021 by Anand Jain who comes with a strong background in both financial services and solar

Edtech firm raises $110 mn in round led by General Atlantic, with participation from Flipkart CEO Kalyan Krishnamurthy, udaan co-founder Sujeet Kumar among others

Founded in 2020 by Vishalini Paliwal, an IIT Roorkee graduate & product engineering veteran, Zipy helps software teams to proactively identify, prioritise & debug critical customer issues in real time

Smartstaff helps businesses hire and manage their blue collar workforce by digitising workforce management practices

A first of its kind funding in the Electric Vehicles space during the testing times of Covid-19 pandemic

The sector has seen eight investments alone in April from VCs and angel investors

Blume started in 2011 raising an entirely domestic Rs 100 crore fund from HNIs (high net-worth individuals) and subsequently raised a $60 million fund (Rs 400 crore) in 2016

The consulting and career start-up helps students get admission into foreign universities

The start-up, which helps food retailers procure inventory online, has clients such as Bikanervala, Big Bazaar and Haldiram's

Blume Ventures, an early-stage venture capital (VC) entity, has elevated Ashish Fafadia, a longtime leadership team member, to the position of partner.Blume invests in start-ups from seed fund to Series-A stages. It is currently in the midst of raising an $80-million (Rs 5.9 billion) third fund. Last month, Blume had also inducted Sajith Pai as director of research and analysis in Delhi. Further, it will establish a full-time office and team in Bengaluru, by early 2019 -- a sizable portion of its current portfolio is based there. Fafadia was formally chief financial officer and also had a key role on growth investments. In his new role, he will oversee the overall finance function, including risk management, support fund raising and help the investment team on the portfolio that graduates to growth stage, as well as all companies that are headed to exits for Blume.A key member of Blume since 2012, he had led structuring of early-to-growth stage investments, alongside Karthik Reddy. ...