Blume Ventures

Blume Ventures is a Mumbai-based venture capital firm that invests in seed- and early-stage technology ventures in India. It acts as an initial institutional investor in its portfolio and typically supports companies through follow-on rounds over the long term. The firm emphasizes a collaborative approach, co-investing with angels and seed funds, and often provides capital to help companies scale from seed to pre-Series A. Its focus spans software, healthcare, financial services, manufacturing, business software, and consumer internet, with a preference for minority stakes and relatively small seed investments. Blume backs portfolio companies across India, aiming to help them grow in their early stages and expand regionally or nationally.

Arpit Agarwal

Partner

Akhilesh Agarwal

Associate Vice President

Apurva Dixit

Associate Vice President

Apurva Dixit

Associate Vice President

Ashish Fafadia

Partner

Vikram Gawande

Vice President, Growth

Vikram Gawande

Vice President

Jatin Madhra

Associate

Marmik Mankodi

Assistant Vice President - Investments

Marmik Mankodi

Associate Vice President

Venkatesh Modi

Associate

Mudit Narain

Vice President

Sajith Pai

Partner

Sarita Raichura

Director - Network Investment Programs

Karthik Reddy

Co-Founder and Partner

Joseph Sebastian

Associate Vice President

Past deals in Clothes

Freakins

Series A in 2025
Freakins is a denim clothing company that focuses on delivering bold and comfortable apparel, catering specifically to Generation Z. The company emphasizes constant innovation in fashion, releasing new designs weekly. Freakins manufactures its products in-house and sells directly to consumers through various channels and marketplaces. By repurposing traditional denim staples, Freakins aims to provide stylish options that accommodate diverse body shapes and individual needs, redefining denim wear for both women and men.

Fashor

Series A in 2024
Fashor is a fashion retailer based in India, operating an online marketplace for on-demand consumer apparel. The company specializes in providing a platform for customers to browse and purchase a variety of Indian and indo-western clothing items, including kurta sets and palazzos, designed by different artisans at affordable prices.

Fashor

Secondary Market in 2024
Fashor is a fashion retailer based in India, operating an online marketplace for on-demand consumer apparel. The company specializes in providing a platform for customers to browse and purchase a variety of Indian and indo-western clothing items, including kurta sets and palazzos, designed by different artisans at affordable prices.

Freakins

Seed Round in 2023
Freakins is a denim clothing company that focuses on delivering bold and comfortable apparel, catering specifically to Generation Z. The company emphasizes constant innovation in fashion, releasing new designs weekly. Freakins manufactures its products in-house and sells directly to consumers through various channels and marketplaces. By repurposing traditional denim staples, Freakins aims to provide stylish options that accommodate diverse body shapes and individual needs, redefining denim wear for both women and men.

VoxPop Clothing

Seed Round in 2014
Vox Pop Clothing is not just an apparel company; we are a whole new culture that’s ready to emerge. They believe that at the core of fashion lies expression. That’s the very reason behind our brand name: VOX POP, which means 'voice of the people'. True to its name, they are a collage of unique expressions, designed for people who can speak their mind and wear their attitude. And every time someone chooses a Vox Pop tee, they become a part of a community of believers for the same cause. It’s an iconic tribute to all the symbols and images that the world admires.

VoxPop Clothing

Seed Round in 2013
Vox Pop Clothing is not just an apparel company; we are a whole new culture that’s ready to emerge. They believe that at the core of fashion lies expression. That’s the very reason behind our brand name: VOX POP, which means 'voice of the people'. True to its name, they are a collage of unique expressions, designed for people who can speak their mind and wear their attitude. And every time someone chooses a Vox Pop tee, they become a part of a community of believers for the same cause. It’s an iconic tribute to all the symbols and images that the world admires.

unamia

Seed Round in 2012
At unamia, they make delightful international kidswear for trendy kids and choosy parents. They offer a range of kidswear that they call kid-friendly, because it is stylish, soft and safe. A child who is wearing clothes that are airy and light is a happy child, a child who can be in the moment and celebrate life.
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