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Articles

Medical Supply Platform Zoplar Nets $3.4 Mn Led By Blume Ventures

Jan 7, 2025 | themobiworld.com | Blume Ventures

B2B medical supply platform Zoplar has secured $3.4 Mn (around INR 29.14 Cr) in a Series A funding round led by Blume Ventures, along with participation from BEENEXT, Saison Capital, Atrium Angels, Finfirst and LogX Ventures. The Delhi NCR-based startup plans to use the fresh funds to bolster its operational capabilities by focusing on backward integration in the supply chain and developing a robust service engineering team, it said in a statement.
IndusLaw Advises Namma Yatri On Funding By Google, Blume Ventures, Antler, Others

Jul 18, 2024 | livelaw.in | Blume Ventures |RAJESH KUMAR

IndusLaw advised Moving Tech Innovations Private Limited (“Namma Yatri”), in relation to its funding by Google, Blume Ventures, Antler, others. Namma Yatri is India's first ride hailing app built on a truly open network providing complete transparency in ride booking for both drivers and customers. IndusLaw Team: Anindya Ghosh (Partner), Anantha Krishnan Iyer (Partner), Aishwaria Ramanan (Senior Associate) and Arnab Chakraborty (Associate).
Venture Capital Inflow Doubles In March Quarter To $3.2 bn: Report

Apr 23, 2024 | vcworld.in | Blume Ventures

Venture capital investment in India doubled in the March quarter, reaching USD 3.2 billion across 354 deals, outperforming the global market. In the previous quarter, USD 1.6 billion was invested in 313 deals. Fintech attracted attention in India with key transactions like KreditBee (USD 209 million), SK Finance (USD 160 million), and Perfios (USD 80 million).
Unicorn India Ventures Leads $1.5 Mn Pre-series A Round In RUNO

Apr 23, 2024 | vcworld.in | Blume Ventures

RUNO, a modern Mobile SIM-based Outbound Call Management CRM raised USD 1.5 million in a Pre-series A round led by Unicorn India Ventures and Callapina Capital. Runo plans to use the funds raised primarily towards onboarding a senior management team in Product and Development. Additionally, the investment will facilitate the company’s expansion plans into the MENA region and the United States and Canada.
IAN, Others Invest $9.4 Mn In Spacetech Startup Dhruva Space

Apr 22, 2024 | vcworld.in | Blume Ventures

Spacetech startup Dhruva Space has secured USD 9.4 million in funding from IAN Alpha Fund, Technology Development Board and other existing investors. This investment includes a mix of equity and debt, with a significant portion allocated to establishing the company’s first spacecraft manufacturing facility in Hyderabad. Founder and CEO Sanjay Nekkanti shared that the funding will be used to set up the initial phase of a 2.8 lakh sq ft manufacturing facility near the city’s international airport.
BlackSoil’s Investment Grows 40% in FY24; Deploys $118 Mn, Clocks 36 New Deals

Apr 22, 2024 | vcworld.in | Blume Ventures

BlackSoil, an alternative credit platform, reported 40 per cent rise in portfolio investment in financial year 2024 (FY24). Its total disbursement exceeds USD 118 million. During this period, the company exited 18 deals while simultaneously making strategic investments in 36 new deals, a 25 per cent rise in the number of deals compared to the previous financial year. Moreover, the company shared that its AUM grew nearly 50 per cent year-on-year.
The Derma Co Hits Rs 500 Cr In ARR

Apr 22, 2024 | vcworld.in | Blume Ventures

The Derma Co, an active ingredient backed skincare brand from Honasa Consumer-parent company of Mamaearth, achieved an annual revenue rate (ARR) of Rs 500 crore. Varun Alagh, Co-founder, Chairman and Chief Executive Officer of Honasa Consumer says “The Derma Co’s remarkable achievement of INR 500 crore annual run rate is a strong testament to our strategic brand-building approach at Honasa Consumer Limited.
Lightfury Raises $8.5 Mn In Seed Round Led By Blume Ventures

Apr 18, 2024 | vcworld.in | Blume Ventures

Lightfury Games, a gaming startup secured USD 8.5 million in a seed funding round led by Blume Ventures. This round also saw participation from MIXI, Gemba Capital, and notable angel investors such as Kunal Shah and Gaurav Munjal. This funding will support the company’s mission to develop high-quality AAA games, with the goal of putting India on the global gaming map.
Universal Music India Unveils #BreakoutStar

Apr 18, 2024 | everythingexperiential.businessworld.in | Blume Ventures

Universal Music India has launched #BreakoutStar, an initiative aimed at discovering India’s next singing sensation. This talent hunt aims to provide aspiring artists with a global platform to showcase their talent. With a diverse catalogue of chart-toppers, classics, and contemporary hits, UMG India is dedicated to nurturing new talent. Now, with support from YouTube Shorts, UMG India is set to propel emerging stars into the spotlight they deserve.
Joy Filmfare Awards Bangla 2024 Hosts Red Carpet Event

Apr 18, 2024 | everythingexperiential.businessworld.in | Blume Ventures

Anchors representing various sponsors greet stars walking down the red carpet, anchor Anurima Mitra dazzles guests with her charmPrint this articleFont size -16+The Joy Filmfare Awards Bangla 2024 red carpet event was ablaze with glamour and style as the who's who of the Bengali film industry converged at the ITC Royal Bengal in Kolkata. The stars walking down the red carpet were greeted by anchors representing various sponsors.