Blume Ventures

Blume Venture Advisors Pvt. Ltd. is a Mumbai-based venture capital firm established in 2010, specializing in early-stage investments in technology-focused startups across various sectors. The firm primarily targets seed to pre-Series A funding rounds, investing between $0.05 million and $0.3 million, with the capacity to double this amount through co-investments. Blume Ventures focuses on a diverse range of sectors including fintech, biotechnology, consumer internet, e-commerce, and deep tech, among others. It aims to be the first institutional investor in its portfolio companies and typically maintains a minority stake. The firm emphasizes a collaborative investment approach, often co-investing with angel investors and other venture capital firms, while also providing ongoing support and mentorship to its startups. Follow-on investments range from $0.5 million to $1.5 million, reflecting the firm's commitment to nurturing its portfolio over an investment horizon of 8 to 10 years.

Arpit Agarwal

Partner, Investment and Director

Akhilesh Agarwal

Associate Vice President

Apurva Dixit

Associate Vice President

Ashish Fafadia

Partner

Vikram Gawande

Vice President

Marmik Mankodi

Associate Vice President

Venkatesh Modi

Associate

Mudit Narain

Vice President

Sanjay Nath

Co-Founder and Managing Partner

Sajith Pai

Director

Karthik Reddy

Co-Founder and Partner

Joseph Sebastian

Associate Vice President

Past deals in Android

Koo

Series B in 2021
Koo App operates as a microblogging app. Koo allows users to connect, comment and engage in 13 local languages such as Hindi, Kannada, Telugu, Bengali.

Koo

Series A in 2021
Koo App operates as a microblogging app. Koo allows users to connect, comment and engage in 13 local languages such as Hindi, Kannada, Telugu, Bengali.

Ultrahuman

Seed Round in 2020
Ultrahuman is a global health and fitness platform that helps users meditate, workout efficiently, and optimize their sleep with the help of athletes, neuroscientists, artists, and psychologists - all in one place. Ultrahuman is available on iOS and Android.

Cellfish

Venture Round in 2019
Developer of a mobile application designed to offer personalized prepaid plan suggestions. The company's application helps manage monthly mobile expenses by analyzing calls, messages, and internet data usage, enabling users to view monthly statistics for all types of calls, SMS, and data usage on the phone.

HealthifyMe

Series B in 2018
HealthifyMe is an application that allows its users to achieve their fitness and weight loss goals from their computers and smartphones. The application enables its users to track their calories, nutrition, and fitness activities; track their weight and determine if they are healthy; set healthy goals and work toward meeting them; share their data with experts; and get expert advice and suggestions on their lifestyles. HealthifyMe was developed and launched by a team of doctors, nutritionists, and fitness trainers in 2012. It is based in Bangalore, India.

HealthifyMe

Series B in 2018
HealthifyMe is an application that allows its users to achieve their fitness and weight loss goals from their computers and smartphones. The application enables its users to track their calories, nutrition, and fitness activities; track their weight and determine if they are healthy; set healthy goals and work toward meeting them; share their data with experts; and get expert advice and suggestions on their lifestyles. HealthifyMe was developed and launched by a team of doctors, nutritionists, and fitness trainers in 2012. It is based in Bangalore, India.

HealthifyMe

Series A in 2016
HealthifyMe is an application that allows its users to achieve their fitness and weight loss goals from their computers and smartphones. The application enables its users to track their calories, nutrition, and fitness activities; track their weight and determine if they are healthy; set healthy goals and work toward meeting them; share their data with experts; and get expert advice and suggestions on their lifestyles. HealthifyMe was developed and launched by a team of doctors, nutritionists, and fitness trainers in 2012. It is based in Bangalore, India.

InTouchApp

Seed Round in 2016
InTouchApp is a contact management solution that enables users to store, manage, and view contact information using any mobile and from any place. Users can eliminate duplicate contacts in the phonebook; enable auto-sharing of their contact information by obtaining a personal IntouchID and printing it on business cards, adding it to their email signature, or sharing it on social media profiles; selectively authorize access to them; and obtain up-to-date contact info of businesses, emergency services, institutes, and more. Contacts can be accessed, added, and changed from any device such as Android, iPhone, Blackberry, Nokia, and more. InTouchApp was launched in November 2012 by Gauri Shah and Sarang Lakare.

HashCube

Series A in 2014
HashCube Technologies Pvt Ltd. is a mobile game studio based in Bengaluru, India, founded in 2008. The company specializes in developing casual games for tablets and smartphones, employing a freemium business model. HashCube aims to create engaging and immersive gaming experiences through a strategy that focuses on fewer but more substantial titles, which allows players to remain engaged for extended periods. One of their notable successes includes Sudoku Quest, recognized as one of the highest monetizing Sudoku games, with over 2 million players. HashCube plans to expand its portfolio by launching 20 additional casual games over the next five years, with the ambition of becoming the leading casual game studio in India. The company's offerings also include cross-platform social games, enhancing the online gaming experience for enthusiasts across various mobile and smart devices.

voxapp

Angel Round in 2013
voxapp is a platform where enterprises or consumers can create surveys for distribution exclusively on mobile devices globally. The platform will leverage the advances in cloud telephony, mass platforms on mobile and the changing mobile landscape in terms of mobile internet capabilities to launch a global P2P mobile surveys platform. Current product consists of website to create surveys, create respondent acquisition campaigns, validate data authenticity, data analytics. The surveys are distributed via mobile (web/sms) and native apps.

Snaplion

Seed Round in 2013
Snaplion designs and creates customized Android and iPhone applications.

HashCube

Angel Round in 2012
HashCube Technologies Pvt Ltd. is a mobile game studio based in Bengaluru, India, founded in 2008. The company specializes in developing casual games for tablets and smartphones, employing a freemium business model. HashCube aims to create engaging and immersive gaming experiences through a strategy that focuses on fewer but more substantial titles, which allows players to remain engaged for extended periods. One of their notable successes includes Sudoku Quest, recognized as one of the highest monetizing Sudoku games, with over 2 million players. HashCube plans to expand its portfolio by launching 20 additional casual games over the next five years, with the ambition of becoming the leading casual game studio in India. The company's offerings also include cross-platform social games, enhancing the online gaming experience for enthusiasts across various mobile and smart devices.

United Mobile Apps

Series A in 2012
United Mobile Apps Private Limited is a technology company based in Bengaluru, India, specializing in mobile, broadband, and wireless solutions. Founded in 2009, the company focuses on developing connection management, device management, and data synchronization tools, particularly for LTE and 4G technologies. Its flagship products include UConnect, a cross-platform software designed to facilitate connections to LTE and WiMAX networks; UManage, which allows remote management of various devices such as USB dongles, smartphones, tablets, and set-top boxes; and USync, a solution for securely backing up and synchronizing data, including contacts, photos, and calendar events across multiple platforms like Blackberry, iPhone, Symbian, Java, and Android. United Mobile Apps is also advancing its capabilities with a new software initiative called Unify (U5), which aims to enhance data access and sharing across devices through modules like UShare and USearch.
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