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Blume Ventures
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About Blume Ventures
Founded in2010 (15 yrs old)
India Employee Count--
Global Employee Count--
India HeadquartersMumbai,Maharashtra, India
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Websiteblume.vc
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Blume Ventures is a venture capital firm that invests in early-stage startups across various sectors. The firm aims to support entrepreneurs by providing not just capital but also strategic guidance and mentorship. Blume Ventures focuses on building long-term relationships with its portfolio companies, helping them navigate the challenges of growth and scaling.
The firm is known for its hands-on approach, working closely with founders to refine their business models and strategies. By leveraging its extensive network and industry expertise, Blume Ventures seeks to create value for both its investors and the startups it backs.
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Blume Ventures Salaries
Manager - Marketing & Communications
(4 salaries)
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₹12 L/yr - ₹25 L/yr
Software Engineer
(4 salaries)
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₹5.1 L/yr - ₹12.2 L/yr
Research Analyst
(3 salaries)
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₹3.6 L/yr - ₹4.6 L/yr
Financial Analyst
(3 salaries)
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₹3 L/yr - ₹6 L/yr
Investment Analyst Intern
(3 salaries)
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₹25.2 L/yr - ₹32.2 L/yr
Associate Software Engineer
(1 salaries)
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₹11.7 L/yr - ₹15 L/yr
Sales Manager
(1 salaries)
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₹5.4 L/yr - ₹6.9 L/yr
Database Admin
(1 salaries)
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₹27 L/yr - ₹34.5 L/yr
Senior Talent Acquisition Specialist
(1 salaries)
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₹7.2 L/yr - ₹9.2 L/yr
Senior Analyst
(1 salaries)
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₹25.2 L/yr - ₹32.2 L/yr
Blume Ventures Jobs
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Blume Ventures News
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Hostel startup GoStops raises Rs 35 crore from Blume Ventures, others
- Travel hostel startup GoStops has raised Rs 35 crore in a funding round led by Blume Ventures and others.
- The funds will be used to increase capacity to 10,000 beds across 100 locations and enhance technology.
- The startup converts existing hotels into hostels, aiming to expand to new properties.
- GoStops operates in over 30 locations, targeting consumers aged 18 to 35 for leisure, business, and spiritual travel.
- The founders plan to open about 30 hostels in cities like Mumbai, Bangalore, Chennai, Kolkata, and Pune over the next 12 months.
- The startup plans to expand into southern and western regions of India, aiming to generate Rs 40 crore in revenue by FY25.
- 70% of young travelers prefer hostels as their primary accommodation option, reflecting the growing demand in the travel category.
- Blume Ventures praised GoStops for its brand-building, operational expertise, and smart asset management.
- 1Crowd highlighted GoStops as a youth brand shaping travel and lifestyle choices, praising the founders' deep understanding of their audience.
Economic Times | 11 Mar, 2025
Backpacker Hostel Startup goSTOPS Bags $4.2 Mn To Expand Operations
- goSTOPS, a backpacker hostel startup, has raised INR 35 Cr (around $4.2 Mn) in a Series A funding round led by Blume Ventures.
- The funds will be used to scale up the company's capacity from 2,500 to 10,000 beds across 100 locations and strengthen operations.
- goSTOPS aims to enhance technology and elevate the social and experiential aspects of its properties.
- The startup competes against Zostel, The Hosteller, and Airbnb in the hostel travel accommodation segment.
Inc42 | 11 Mar, 2025
Top 10 Investors Driving EV Dreams Into Reality For Startups
- As India becomes the third largest automobile market, the EV ecosystem accelerates with supportive policies and investments from key players in the industry.
- The country's EV market is projected to grow significantly, leading to an estimated 5 Cr job opportunities by 2030.
- Investors have poured over $3.7 Bn into EV startups, with a notable rise in unicorns and soonicorns in the sector.
- However, private funding in 2024 slowed down due to regulatory scrutiny and profitability concerns.
- Despite challenges, top investors continue to show confidence in the EV startup space, with an estimated market value of $110.74 Bn by 2029.
- Key investors driving EV dreams include Blume Ventures, Micelio Mobility, Venture Catalysts, Anicut Capital, and 3one4 Capital.
- These investors have actively supported EV startups with investments and initiatives to propel the industry forward.
- Other notable investors include AdvantEdge Founders, Green Frontier Capital, growX Ventures, Speciale Invest, and Tiger Global.
- These investors have made significant contributions to the growth of EV startups, aiming to make sustainable mobility a reality in India.
- The investments and support from these top players showcase a promising future for the EV industry in India.
Inc42 | 28 Feb, 2025
Fintech startup Mysa raises $2.8 million for expansion plan
- Fintech startup Mysa has raised $2.8 million in a seed funding round led by Blume Ventures.
- The funds will be used to build core platform capabilities, expand the team, and accelerate customer growth.
- Mysa offers a unified finance and banking platform for mid-sized businesses to manage their financial operations.
- The company has partnered with Yes Bank to provide integrated current account operations and has developed an AI-powered tool called Mysa Smart Scan.
Economic Times | 12 Feb, 2025
Finance Platform Mysa Raises $2.8 Mn In Seed Funding Round
- Mysa, a unified finance and banking platform for mid-sized businesses, has raised $2.8 million funding round led by Blume Ventures.
- Emphasis Ventures (EMVC), Antler, Neon Fund, and CIIIE, along with angel investors, also participated in this round.
- The funds will be used to improve the platform, expand the team, and attract more customers.
- Mysa has obtained a 'registered investment advisor' (RIA) license from SEBI and aims to develop an AI-enabled treasury management product.
VIE Stories | 12 Feb, 2025
Finance platform Mysa raises $2.8 M in seed funding round led by Blume Ventures
- Mysa, a unified finance and banking platform, has raised $2.8 million in a seed funding round led by Blume Ventures.
- Other investors participating in the funding round include Emphasis Ventures (EMVC), Antler, Neon Fund, and CIIIE, along with angel investors.
- The funding will be used to enhance platform capabilities, grow the team, and drive customer expansion.
- Mysa aims to become the banking and finance partner for major Indian companies and has obtained a 'registered investment advisor' (RIA) license from SEBI.
Yourstory | 12 Feb, 2025
Mysa Bags $2.8 Mn To Help Businesses Streamline Financial Operations
- B2B fintech startup Mysa has raised $2.8 Mn in its seed funding round led by Blume Ventures, along with participation from other investors.
- The Bengaluru-based startup plans to use the funding to build platform capabilities, accelerate customer growth, and hire talented individuals.
- Mysa has launched a unified finance and banking platform to develop an AI-enabled management product for businesses to manage their cash.
- Mysa has obtained a Registered Investment Advisor (RIA) license from the Securities and Exchange Board of India (SEBI).
Inc42 | 12 Feb, 2025
Startup news and updates: Daily roundup (February 7, 2025)
- Udemy's CEO shared need for upskilling especially for training in GenAI, soft skills and leadership
- Fashion brand Burger Bae has received Rs 2 crore in funding from Shark Tank India 'sharks' and offers trendy designs in the streetwear industry
- Millenials and Gen X are experiencing a trend known as 'career catfishing', where roughly 34% of Gen Z employees abscond without notice or no-showing on the joining date, according to a UK survey by career resources site, CV Genius
- One97 Communications Ltd, the parent firm of Paytm has expanded its ESOP pool by granting eligible employees 1,36,528 equity shares
- AI support platform, TrueFoundry has received $19 million Series A funding for further development and expansion, led by Intel Capital
- Vahan.ai, the hiring platform backed by AI, has secured an undisclosed investment from Japanese Asia-Pacific based HR services provider Persol Group
- Cognida.ai, the Enterprise AI startup, has raised $15 million in Series A funding to support AI implementation solutions and has deployed those solutions at over 30 companies
- Astra Security has raised an undisclosed amount of growth capital, with Emergent Ventures leading, and participation from Blume Ventures, Better, Capital, PointOne Capital, and Neon Fund. The main focus is the development of safety and vulnerability detection capabilities in the cloud environment
- Motherson and Sanko Japan have entered into a strategic partnership to offer reusable and sustainable packaging solutions
- Under the MeitY Startup Hub, Nawgati was awarded the MeitY Scale-Up grant by the Ministry of Electronics and Information Technology and will strengthen its presence in the fuel infrastructure space
- ETO Motors has partnered with mobility service provider, FlixBus, to launch intercity E-bus operations, wherein the company will assess feasibility and expand via a hub-and-spoke approach. The two-week test run will be followed by a 12-week evaluation that will measure metrics such as battery performance and passenger booking patterns
Yourstory | 7 Feb, 2025
Astra raises $2.7M to simplify cybersecurity by mimicking hacker behavior with AI-powered solutions
- Cybersecurity startup Astra Security has raised $2.7m to enhance its AI capabilities and expand its cloud offerings.
- Astra provides a platform for simplifying the cybersecurity process of pen-testing by thinking like hackers.
- The pentesting platform uncovered almost 5,500 vulnerabilities per day for Astra's customers in 2020.
- Astra can be triggered at any time as a pentest-as-a-service and its AI-powered scanners can integrate into development lifecycle processes.
- Astra has an AI-powered 'offensive scanning engine' which is able to correlate vulnerabilities across various targets.
- Astra employs a team of security engineers to back up the AI threat engine.
- Astra's customer base comprises more than 800 engineering teams across more than 70 countries.
- Last year, more than a quarter of Astra’s customers were midsized and larger organizations and the number is expected to increase this year.
- The funding round was led by Emergent Ventures, and included participation from Neon Fund, Better Capital, Blume Ventures and PointOne Capital.
- Astra plans to use the funds to continue providing AI to developers and security engineers to build better vulnerability detections.
Siliconangle | 5 Feb, 2025
Agentic AI Startup Atomicwork Secures $25 Million in Funding Led by Khosla Ventures
- Atomicwork, an agentic service management solutions startup, has raised $25 million in a Series A funding round.
- The funding was led by Khosla Ventures and Z47, with participation from Battery Ventures, Blume Ventures, and Peak XV Partners.
- Atomicwork aims to integrate agentic AI into its platform to revolutionize IT service management.
- The funding will be used to scale the deployment of enterprise AI agents and enhance platform support for key integrations.
Analyticsindiamag | 29 Jan, 2025
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Blume Ventures FAQs
When was Blume Ventures founded?
Blume Ventures was founded in 2010. The company has been operating for 15 years.
Where is the Blume Ventures headquarters located?
Blume Ventures is headquartered in Mumbai,Maharashtra.
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