About Blume Venture
Blume Venture is a venture capital firm founded in 2010. It is primarily based out of Mumbai, India. As of Apr 2026, Blume Venture is an active investor, having invested in 334 companies, with 17 new investments in the last 12 months. It primarily invests in Seed round in India based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Consumer and Retail. Most recently it participated in the $***** Seed round of LightFury Games Overall, Blume Venture portfolio has seen 5 unicorns, 3 IPOs and 48 acquisitions including key companies like PropTiger, Purplle and Spinny. A lot of funds co-invest with Blume Venture, with names like Angel List sharing a substantial percentage of its portfolio. Blume Venture has team of 55 people including 6 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 3 more
Portfolio Soonicorns
Deals in last 12 months
Blume Venture's List of Top Investments
Blume Venture has a portfolio of 334 companies, including 5 unicorns. Their most notable investments are in ChefKart and HealthifyMe.Their portfolio spans across India, United States, Singapore and 3 more locations. They have invested in Enterprise Applications, Consumer, Retail and 31 other sectors, across stages such as Seed, Series A and 3 more. Here is the list of top investments by Blume Venture:
1. PropTiger
Real estate advisory firm offering a platform for residential property buying. It facilitates the home-buying process through technology-enabled tools and on-the-ground support. The company offers researched information about localities and properties. It provides guidance on legal paperwork and loan assistance to fulfill transactions.
Key facts about PropTiger
- Founded Year: 2011
- Location: Gurugram (India)
- Annual Revenue: 44.5M SGD as on Mar 31, 2022
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $99M
- Employee Count: 1,212 as on Mar 31, 2026
- Investors: Helion Venture Partners, SoftBank Group and 26 Others
- Latest Funding Round: Series C, Jan 10, 2017, $*****
- Highlight: Acquired
2. Purplle
Brand of beauty and cosmetic products. It provides a platform for browsing and purchasing items from various categories. It offers resources such as a help center with FAQs and order tracking. The platform supports secure payments with major credit and debit cards. It offers a range of beauty and personal care products, including cosmetics, skincare, haircare, fragrances, and wellness items.
Key facts about Purplle
- Founded Year: 2012
- Location: Mumbai (India)
- Annual Revenue: ₹1,410Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $558M
- Employee Count: 973 as on Jul 31, 2025
- Investors: ADIA, Goldman Sachs Investment Partners and 107 Others
- Latest Funding Round: Series F, Jun 27, 2024, $*****
- Highlight: Editors' Pick
3. Spinny
Online retailer of inspected used vehicles with service and financing. The business provides vehicle sales with options for home test drives and delivery. It offers vehicle service plans and facilitates financing through partner lenders. The business provides a platform for individuals to sell vehicles.
Key facts about Spinny
- Founded Year: 2015
- Location: Gurugram (India)
- Annual Revenue: ₹4,750Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series G
- Total Funding till date: $698M
- Employee Count: 5,736 as on May 31, 2025
- Investors: Fidelity Investments, Tiger Global Management and 55 Others
- Latest Funding Round: Series G, Dec 12, 2025, $*****
- Highlight: Editors' Pick
4. smallcase
Online platform offering smart investment portfolios. It enables users to build diversified investment portfolios by investing in baskets of stocks or exchange-traded funds managed by experienced investment experts. It focuses on investment in securities, advising users to read documents. It offers resources, including disclosures, terms, conditions, and privacy policies. It allows investors to build and track diversified portfolios across stocks, ETFs, mutual funds, fixed deposits, and more.
Key facts about smallcase
- Founded Year: 2015
- Location: Bengaluru (India)
- Annual Revenue: ₹114Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $100M
- Employee Count: 253 as on Jun 30, 2025
- Investors: State Street Global Advisors, Amazon and 57 Others
- Latest Funding Round: Series D, Mar 27, 2025, $*****
- Highlight: Editors' Pick
5. Ultrahuman
Provider of wearable health trackers and metabolic monitoring hardware devices. The product catalog includes rings that monitor sleep, heart rate variability, and body temperature. Additional hardware tracks glucose levels through continuous monitoring sensors. Environmental monitors measure air quality, light exposure, and noise levels within residential spaces. Blood testing services provide analysis of biomarkers to correlate physiological trends with lifestyle data. Accessories include chargers and light-blocking eyewear to support sleep hygiene.
Key facts about Ultrahuman
- Founded Year: 2019
- Location: Bengaluru (India)
- Annual Revenue: ₹581Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $103M
- Employee Count: 333 as on Mar 31, 2026
- Investors: Steadview, Playbook Partners and 43 Others
- Latest Funding Round: Series C, Mar 17, 2026, $*****
- Highlight: Editors' Pick
Blume Venture's Year-on-Year Investment Trends
Blume Venture has invested in 334 companies over the last 16 years, with an average of 21 new investments annually in the last 10 years. In 2025, it made 44 investments, while as of Apr 2026, it has made 12 investments in this year. Its most recent first time investment was in M and most recent follow-on round was in LightFury Games.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 4 | 8 | 12 |
2025 | 22 | 22 | 44 |
2024 | 27 | 27 | 54 |
2023 | 35 | 20 | 55 |
2022 | 33 | 36 | 69 |
2021 | 28 | 42 | 70 |
2020 | 11 | 25 | 36 |
2019 | 16 | 28 | 44 |
2018 | 6 | 33 | 39 |
2017 | 17 | 19 | 36 |
Blume Venture's Investments by Stage
Blume Venture has made 250 investments in Seed stage with an average round size of $2.09M, 50 investments in Series A stage with an average round size of $4.24M, 4 investments in Unattributed stage with an average round size of $1.22M, 3 investments in Angel stage with an average round size of $710K and 1 investment in Venture Debt stage with an average round size of $2.88M.Stage of entry | No. of Investments |
|---|---|
Seed | 250 |
Series A | 50 |
Unattributed | 4 |
Angel | 3 |
Venture Debt | 1 |
Note: We have considered here, only first round of investments
Blume Venture's Investments by Sector
Blume Venture has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, FinTech, Retail and High Tech. Notably, it has invested in 306 Tech companies, 183 Enterprise (B2B) companies, 180 Consumer (B2C) companies and at least 176 companies focusing on Software.Sector | No. of Investments |
|---|---|
Enterprise Applications | 118 |
Consumer | 109 |
FinTech | 58 |
Retail | 58 |
High Tech | 38 |
Others | 375 |
Note: We have considered here, only first round of investments
Blume Venture's Investments by Geography
Blume Venture has made most investments in India (271), followed by United States where it has made 36 investments.Country | No. of Investments |
|---|---|
India | 271 |
United States | 36 |
Singapore | 7 |
Austria | 1 |
Canada | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Blume Venture's recent investments
Blume Venture has made 12 investments in 2026 so far. LightFury Games and M are the latest among them.Here are the most recent investments by Blume Venture:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 23, 2026 | India | Seed | 3797 | [+6] | |
Apr 02, 2026 | India | Seed | 7382 | [+1] | |
Mar 24, 2026 | India | Series E | 7970 | [+1] | |
Mar 20, 2026 | India | Series A | 5355 | [+3] | |
Mar 19, 2026 | India | Seed | 1038 | [+6] |
Unicorns in Blume Venture's Portfolio
Blume Venture has 5 unicorns in its portfolio - Neysa, Raise, Purplle and others. The most recent unicorn in their portfolio is Neysa. It became a unicorn in 2026, 1 years after Blume Venture first invested in it.Here is a list of unicorns in Blume Venture's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
70 | Provider of AI acceleration cloud system with infrastructure and services | 2023 | Mumbai | Series B | lsremew | ||
80 | Developer of financial service products and infrastructure for Indian residents | 2021 | Mumbai | Series B | wlejsbg | ||
85 | Brand of beauty and cosmetic products | 2012 | Mumbai | Series F | zsffvpq | ||
83 | Online retailer of inspected used vehicles with service and financing | 2015 | Gurugram | Series G | aucerf{ | ||
74 | Operator of a network providing on-demand transportation and mobility solutions | 2010 | Bengaluru | Series J | qb{udhx |
IPOs and Publicly Listed companies in Blume Venture's Portfolio
3 of Blume Venture's portfolio companies have become public. earKART got listed on the Bombay Stock Exchange (BSE), in Oct 2025 at marketcap of $20.9M and Infollion got listed on the National Stock Exchange (NSE) at marketcap of $9.69M.Here are Blume Venture's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 03, 2025 | Apr 29, 2023 | Seed | 5963 | |
Jun 08, 2023 | Apr 15, 2013 | Seed | 1206 | |
Apr 12, 2022 | Mar 14, 2011 | Seed | 5920 |
Acquired companies in Blume Venture's Portfolio
48 companies from Blume Venture's portfolio have been acquired. The most recent acquisition were Unacademy in Mar 2026 by upGrad.Here are Blume Venture's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 15, 2026 | Dec 19, 2015 | Seed | 4848 | |
Oct 07, 2025 | May 09, 2016 | Series A | 5899 | |
Jul 29, 2025 | Nov 07, 2023 | Seed | 3337 | |
Jul 23, 2025 | - | - | 5626 | |
Feb 22, 2025 | Jun 16, 2017 | Series A | 2947 |
Team profile of Blume Venture
Blume Venture has a team of 55 members including 6 Partners and 13 Principals located in India and United States. Blume Venture's team sits on the board of 20 companies.Here is a list of top team members in Blume Venture:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Mumbai | |||
Partner | Mumbai | |||
Partner | San Francisco | |||
Partner | Bengaluru | Cashify, Euler Motors and 5 more | ||
Partner | India | - | ||
Partner | Bengaluru | - | ||
Principal | Mumbai | - |
Co-investors of Blume Venture
Over the past 16 years, 6869 investors have co-invested in Blume Venture's portfolio companies. This includes funds and angels.
- Invested before Blume Venture: Angel List, LetsVenture and 2576 others have invested in rounds before Blume Venture. There are 12 companies where Angel List has invested before Blume Venture and 9 companies where LetsVenture has invested before Blume Venture.
- Top Co-investors of Blume Venture: 1959 investors entered a company along with Blume Venture. These include investors like Angel List (22 companies).
- Invested after Blume Venture: A total of 2332 investors have invested in Blume Venture's portfolio after their investments. Top Investors include Alteria Capital (19 companies), Angel List (17 companies) and 3F Ventures (13 companies).
Recent News related to Blume Venture
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Optimized Electrotech raises Rs 35 cr led by Exfinity Ventures to fuel space imaging expansionMoneycontrol•Apr 27, 2026•Optimized Electrotech, Venture Catalysts, Exfinity Venture Partners, Blume Ventures and 4 others
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Kabeer Biswas's new startup 'M' raises Rs 102 crore from Peak XV, othersViestories•Apr 23, 2026•Peak XV Partners, CRED, Blume Venture, Ethereal Machines and 2 others
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LightFury Games Raises $11 Million From MS Dhoni And Other CricketersViestories•Apr 23, 2026•MIXI Global Investments, LightFury Games, V3 Ventures, Times Internet and 1 other
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Euler Motors Founder’s Stake Falls After Fresh FundingEntrackr•Apr 15, 2026•Lightrock, Euler Motors, Blume Venture, Hero MotoCorp and 4 others
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Argus Partners Advises Namma Yatri on Convertible Bridge FundraiseLegal 500•Apr 10, 2026•Phi Partners, Argus Partners, Namma Yatri, Google and 3 others
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BIDSO Raises Rs 63 Cr in Series A Round Led by Blume VenturesEntrackr•Apr 10, 2026•Bidso, PeerCapital, Alteria Capital, Blume Venture and 1 other
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Euler Motors Raises $47 Mn in Series E Round Led by LightrockEntrackr•Mar 24, 2026•Euler Motors, Hero MotoCorp, Lightrock, Blume Venture and 4 others
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OZi Nets $6.2 Mn To Scale Its Baby Care Quick Commerce PlatformInc42•Mar 24, 2026•OZi, RTP Global, Blume Venture, Zeropearl and 1 other
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Mave Health Raises $2.1M in Seed FundingFinSMEs•Mar 18, 2026•Mave Health, Blume Venture, Inuka Capital, SAE and 2 others
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BlackSoil Invests ₹750 Million in Euler Motors to Support EV GrowthMercom India•Mar 17, 2026•BlackSoil, Euler Motors, Blume Venture, Hero MotoCorp
