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§ Venture Capital
Blume Ventures operates as an early-stage venture capital firm dedicated to investing in India's technology ecosystem. The firm specializes in providing seed to pre-Series A capital, coupled with strategic counsel, to founders developing solutions for the Indian market with global aspirations. Its approach focuses on identifying and supporting innovative ventures from their nascent stages, bridging the gap between angel investing and larger institutional funding.
Karthik Reddy and Sanjay Nath co-founded Blume Ventures in 2011. Their founding insight stemmed from their experience as angel investors who recognized the nascent yet evolving landscape of Indian startups and the need for a dedicated firm to nurture these entrepreneurs. Nath's background includes prior roles in management consulting and early-stage investing across Silicon Valley and India, equipping the firm with a blend of global perspective and local market understanding.
The firm partners with a diverse range of founders, backing those creating both B2C and B2B solutions for various customer segments within India and internationally. Blume Ventures aims to be a steadfast supporter throughout the entrepreneurial journey, emphasizing long-term partnerships and conviction in their portfolio companies. Its overarching vision is to cultivate and empower the next generation of global startups emerging from India, addressing unique market complexities through disruptive innovation.
Nath Ventures has 1 tracked investment across 1 company. The latest tracked deal is $7.0M Seed in Dezerv Securities in September 2021.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Sep 2, 2021 | Dezerv Securities | $7.0M Seed | Mridul Arora, Vikram Vaidyanathan | Akash Saxena, Anurag Sinha, Ashish Somaiya, Asish Mohapatra, CJ Shah, Kunal Shah, Neeraj Goenka, Nitin Gupta, Ramakant Sharma, Rangarajan Krishnan, Revant Bhate, Ruchi Kalra, Sanjeev Barnwal, Shashvat Nakrani, Suhail Sameer, Varun DUA, Vidit Aatrey, Blume Ventures, Whiteboard Capital |