🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

Startup Showcase

Premium Content

Try our Valuation Calculator →

News on Medial

Blume Ventures aims at nearly $1 bn AUM with fifth VC fund

VCCircle

VCCircle · 11m ago

Blume Ventures aims at nearly $1 bn AUM with fifth VC fund

Blume Ventures, an early-stage venture capital firm, is planning to raise its fifth fund with the aim of reaching around $1 billion in assets under management (AUM). The firm has invested in successful startups like Unacademy and Purplle. Founded in 2010 by Karthik Reddy and Sanjay Nath, Blume Ventures is known for its focus on early-stage investments.

1

Related News

Blume marks first close of its third growth fund at Rs 200 crore

Money Control

Money Control · 2y ago

Blume marks first close of its third growth fund at Rs 200 crore

Blume Ventures, an Indian venture capital firm, has announced the first close of its third growth fund at ₹200 crore. The fund aims to invest in technology startups at the Series B and C stages. Blume Ventures has been an active investor in the Indian startup ecosystem and this new fund will enable them to support and fuel the growth of promising companies.

Golden Ventures secures another $100M to invest in Canada’s tech ecosystem

TechCrunch · 1y ago

Golden Ventures secures another $100M to invest in Canada’s tech ecosystem

Canada-based venture capital firm, Golden Ventures, has closed its fifth fund after raising over $100 million in capital commitments. The fund will focus on seed-stage founders across a range of technologies, including AI, climate, blockchain, and quantum. Golden Ventures, which has backed over 100 companies at the seed stage in the past 13 years, aims to make around 30 core investments with its latest fund. The firm has previously invested in successful ventures such as Wattpad and SkipTheDishes, and its fifth fund is financed by institutional limited partners and new partner Deloitte Ventures.

BPEA Credit eyes over $1.5 bn AUM with new fund after another rebranding

VCCircle

VCCircle · 10m ago

BPEA Credit eyes over $1.5 bn AUM with new fund after another rebranding

Asia-focused private credit firm BPEA Credit is set to launch its next fund as it rebrands for the third time. With investments in companies such as Veranda Learning, mPokket, WeWork India, and DMW Group, the firm is eyeing over $1.5 billion in assets under management (AUM). The mid-market focused company aims to expand its presence in the region as it continues to invest in promising ventures.

Evolvence India hits the road for fifth fund, tweaks LP strategy

VCCircle

VCCircle · 9m ago

Evolvence India hits the road for fifth fund, tweaks LP strategy

Evolvence India is launching its fifth investment fund with a slight change in its fundraising strategy, according to the managing partner, Ajit Kumar. The Mumbai-based firm has previously invested in companies such as MamaEarth and venture capital firms like Blume Ventures. Evolvence India has become known for its hybrid investment approach and is now looking to further expand its portfolio.

TakeMe2Space raises Rs 5.5 crore

Economic Times

Economic Times · 5m ago

TakeMe2Space raises Rs 5.5 crore

SpaceTech startup TakeMe2Space secured Rs 5.5 crore in pre-seed funding led by Seafund, with contributions from Blume Ventures, Artha Venture Fund, AC Ventures, and angel investors. The funds will support the launch of its space AI laboratory MOI-1, scaling operations, regional expansion, product portfolio enhancement, R&D, and customer acquisition. The company aims to double its revenues over the next year, according to their statement.

Evolvence's Kumar on change in Indian PE/VC scenario over the years, exit strategy and more

VCCircle

VCCircle · 8m ago

Evolvence's Kumar on change in Indian PE/VC scenario over the years, exit strategy and more

Evolvence India, a hybrid investment firm and limited partner backer for venture capital firms, is raising its fifth investment vehicle of $300 million. The firm's managing partner, Ajit Kumar, discusses the changing landscape of the Indian private equity and venture capital industry, as well as exit strategies. Evolvence India has previously supported venture capital firms like Lighhouse Funds and Blume Ventures.

Early-stage VC Z21 Ventures planning $40 million second fund

Economic Times

Economic Times · 1y ago

Early-stage VC Z21 Ventures planning $40 million second fund

Early-stage investment firm Z21 Ventures has fully deployed its first $5 million fund and plans to launch a second fund of $40 million. The California-based firm was set up in 2022 by Abhinav Shashank, co-founder and CEO of healthcare-focused software-as-a-service (SaaS) unicorn Innovaccer, and Raj Shekhar Singh, a former senior executive at Innovaccer. Z21 Ventures focuses on investing in enterprise software and hardware startups, with a particular interest in the India-US corridor. The second fund aims to increase the check size to $0.5-1 million and attract institutional investors alongside individual limited partners.

QIA to invest over $1 bn in VC funds

VCCircle

VCCircle · 1y ago

QIA to invest over $1 bn in VC funds

Qatar Investment Authority (QIA), Qatar's sovereign wealth fund, has announced plans to invest over $1 billion in venture capital funds as part of its strategy to develop the start-up and venture capital sector in Qatar and neighboring countries. The fund, named the "Fund of Funds," aims to attract international venture capital firms and entrepreneurs to Qatar and the Gulf Arab states while also generating market-level commercial returns for QIA. This move highlights QIA's focus on technology investments and its commitment to supporting innovative businesses in the region.

Blume Ventures partners with Dubai’s NB Ventures for $50 mn India fund

VCCircle

VCCircle · 8m ago

Blume Ventures partners with Dubai’s NB Ventures for $50 mn India fund

Blume Ventures, a Mumbai-based venture capital firm, is collaborating with Dubai-based NB Ventures to create a $50 million investment fund targeting IPO-bound startups in India. NB Ventures is known for direct venture capital investments in growth-stage startups and acting as a limited partner in other funds. This partnership aims to leverage Blume Ventures' expertise in the Indian startup ecosystem to support high-potential companies looking to go public.

Jungle Ventures, Indian VC firm in talks to back second-time founder

VCCircle

VCCircle · 5m ago

Jungle Ventures, Indian VC firm in talks to back second-time founder

Jungle Ventures, a venture capital firm focused on Southeast Asia and India, is reportedly in discussions, alongside an Indian VC firm, to invest in a new consumer startup founded by a second-time entrepreneur. Jungle Ventures, based in Singapore, recently marked the initial closing of their fifth fund. This strategic investment aligns with their ongoing commitment to supporting innovative ventures in the region, as reported by sources familiar with the development to VCCircle.

Trackers

Active Indian VC’s

OG Capital Email

With a hands-on approach, OG Capital aims to invest in over 20 promising...

Accel Partners Email

Early and growth-stage investments in disruptive technology companies with...

Early-stage venture capital firm investing in technology startups in India. Focus on...

Access All Trackers

Startup Showcase Winners

June 2025

Helping your parents when you are miles away

The Pit Stop Your Cravings Deserve

The next generation E-commerce platform

Enter Ongoing Startup Showcase

Top Users

Trending News on Medial

Just Months After Promotion, Open ...

Microsoft locks down a building a ...

Google Alerts 2.5B Gmail Users Af ...

Download the medial app to read full posts, comements and news.