Blume Ventures

Blume Ventures, established in 2010 and headquartered in Mumbai, is an early-stage venture capital firm that invests in tech-focused and tech-enabled startups across India. They typically provide pre-series A and early-stage funding, often being the first institutional investors, and maintain a collaborative approach by co-investing with like-minded angels and seed funds. Blume Ventures offers follow-on investments to their portfolio companies, with an investment horizon of about 8-10 years. They target a wide range of sectors, including B2B and B2C products and services, financial services, healthcare, and information technology, among others. The firm invests amounts ranging from USD 100,000 to USD 5 million, with a preference for minority stakes. Blume Ventures assists founders at every stage through its full-stack platform approach, providing support in talent acquisition and more.

Arpit Agarwal

Director

Akhilesh Agarwal

Associate Vice President

Apurva Dixit

Associate Vice President

Ashish Fafadia

Partner

Vikram Gawande

Vice President

Vikram Gawande

Vice President, Growth

Jatin Madhra

Associate

Marmik Mankodi

Associate Vice President

Marmik Mankodi

Assistant Vice President - Investments

Venkatesh Modi

Associate

Mudit Narain

Vice President

Sanjay Nath

Co-Founder and Partner

Sajith Pai

Partner

Sarita Raichura

Director - Network Investment Programs

Karthik Reddy

Co-Founder and Partner

Joseph Sebastian

Associate Vice President

Apurva Dixit

Associate Vice President

Past deals in Consumer Electronics

Billion Hearts

Seed Round in 2024
Billion Hearts is a company that creates simple digital consumer products for the global market.

Vecmocon Technologies

Series A in 2024
Vecmocon Technologies is a deep-tech company dedicated to advancing clean mobility through intelligent electric vehicles. It specializes in the development and engineering of essential components for electric vehicles, including battery management systems, motor controllers, vehicle intelligence modules, and chargers. These products are patented and certified by ICAT, ensuring compliance with industry standards and government regulations. By focusing on creating smarter, more connected EV solutions, Vecmocon Technologies enables electric vehicle brands to enhance their product offerings while promoting sustainability.

Wify

Seed Round in 2024
Wify is a technology-driven startup focused on home improvement services, specifically designed to enhance the post-purchase consumer experience for brands. The platform assists companies in managing various aspects of the product life cycle, starting from initial assembly and installation to after-sales support and warranty management. By employing skilled professionals for final assembly and installation, Wify ensures high-quality service. Additionally, the platform offers real-time tracking and customer support services, enabling brands to effectively deliver post-sales assistance to their customers.

Vecmocon Technologies

Seed Round in 2022
Vecmocon Technologies is a deep-tech company dedicated to advancing clean mobility through intelligent electric vehicles. It specializes in the development and engineering of essential components for electric vehicles, including battery management systems, motor controllers, vehicle intelligence modules, and chargers. These products are patented and certified by ICAT, ensuring compliance with industry standards and government regulations. By focusing on creating smarter, more connected EV solutions, Vecmocon Technologies enables electric vehicle brands to enhance their product offerings while promoting sustainability.

Servify

Series D in 2022
Servify is a mobile-based platform designed to enhance the ownership experience of electronic gadgets and appliances for consumers. It serves as a personal assistant that allows users to store important documents such as bills and warranties in the cloud. Additionally, Servify connects users with brand-authorized service providers, ensuring reliable repair and maintenance when needed. The platform integrates various partners within the post-sales service ecosystem and offers device lifecycle management services, enabling enterprises to effectively manage the post-purchase experience and guide consumers in their future purchasing decisions. Through its comprehensive service offerings, Servify aims to deliver a seamless and satisfactory customer experience.

Cashify

Series E in 2022
Cashify is an Indian online marketplace specializing in reselling used electronic gadgets. Headquartered in Gurgaon, Haryana, it facilitates users selling their old devices through its platform, offering instant cash payments and free home pick-up services. The company's platform evaluates the worth of a user's gadget based on factors like model number, condition, and defects, providing a convenient and stress-free selling experience.

Wify

Seed Round in 2022
Wify is a technology-driven startup focused on home improvement services, specifically designed to enhance the post-purchase consumer experience for brands. The platform assists companies in managing various aspects of the product life cycle, starting from initial assembly and installation to after-sales support and warranty management. By employing skilled professionals for final assembly and installation, Wify ensures high-quality service. Additionally, the platform offers real-time tracking and customer support services, enabling brands to effectively deliver post-sales assistance to their customers.

Cashify

Series E in 2022
Cashify is an Indian online marketplace specializing in reselling used electronic gadgets. Headquartered in Gurgaon, Haryana, it facilitates users selling their old devices through its platform, offering instant cash payments and free home pick-up services. The company's platform evaluates the worth of a user's gadget based on factors like model number, condition, and defects, providing a convenient and stress-free selling experience.

Servify

Series C in 2020
Servify is a mobile-based platform designed to enhance the ownership experience of electronic gadgets and appliances for consumers. It serves as a personal assistant that allows users to store important documents such as bills and warranties in the cloud. Additionally, Servify connects users with brand-authorized service providers, ensuring reliable repair and maintenance when needed. The platform integrates various partners within the post-sales service ecosystem and offers device lifecycle management services, enabling enterprises to effectively manage the post-purchase experience and guide consumers in their future purchasing decisions. Through its comprehensive service offerings, Servify aims to deliver a seamless and satisfactory customer experience.

Servify

Series C in 2020
Servify is a mobile-based platform designed to enhance the ownership experience of electronic gadgets and appliances for consumers. It serves as a personal assistant that allows users to store important documents such as bills and warranties in the cloud. Additionally, Servify connects users with brand-authorized service providers, ensuring reliable repair and maintenance when needed. The platform integrates various partners within the post-sales service ecosystem and offers device lifecycle management services, enabling enterprises to effectively manage the post-purchase experience and guide consumers in their future purchasing decisions. Through its comprehensive service offerings, Servify aims to deliver a seamless and satisfactory customer experience.

Servify

Series B in 2018
Servify is a mobile-based platform designed to enhance the ownership experience of electronic gadgets and appliances for consumers. It serves as a personal assistant that allows users to store important documents such as bills and warranties in the cloud. Additionally, Servify connects users with brand-authorized service providers, ensuring reliable repair and maintenance when needed. The platform integrates various partners within the post-sales service ecosystem and offers device lifecycle management services, enabling enterprises to effectively manage the post-purchase experience and guide consumers in their future purchasing decisions. Through its comprehensive service offerings, Servify aims to deliver a seamless and satisfactory customer experience.

Cashify

Series A in 2017
Cashify is an Indian online marketplace specializing in reselling used electronic gadgets. Headquartered in Gurgaon, Haryana, it facilitates users selling their old devices through its platform, offering instant cash payments and free home pick-up services. The company's platform evaluates the worth of a user's gadget based on factors like model number, condition, and defects, providing a convenient and stress-free selling experience.

IService

Seed Round in 2017
iService specializes in the repair and servicing of smartphones, laptops, and tablets. The company operates both online and through four physical service centers, allowing customers to conveniently schedule appointments for repairs. Users can choose to have their devices repaired at home, bring them to a nearby location, or arrange for a pickup service. iService aims to streamline the repair process, making it easier for consumers to manage their electronic devices and ensuring that their gadgets are fixed with minimal hassle.

iService

Seed Round in 2017
iService, an electronic device repairing startup.The rates for service repair are between what is offered at authorized repair outlets of gadget companies and at local gadget repair shops.

Servify

Seed Round in 2016
Servify is a mobile-based platform designed to enhance the ownership experience of electronic gadgets and appliances for consumers. It serves as a personal assistant that allows users to store important documents such as bills and warranties in the cloud. Additionally, Servify connects users with brand-authorized service providers, ensuring reliable repair and maintenance when needed. The platform integrates various partners within the post-sales service ecosystem and offers device lifecycle management services, enabling enterprises to effectively manage the post-purchase experience and guide consumers in their future purchasing decisions. Through its comprehensive service offerings, Servify aims to deliver a seamless and satisfactory customer experience.

Servify

Seed Round in 2016
Servify is a mobile-based platform designed to enhance the ownership experience of electronic gadgets and appliances for consumers. It serves as a personal assistant that allows users to store important documents such as bills and warranties in the cloud. Additionally, Servify connects users with brand-authorized service providers, ensuring reliable repair and maintenance when needed. The platform integrates various partners within the post-sales service ecosystem and offers device lifecycle management services, enabling enterprises to effectively manage the post-purchase experience and guide consumers in their future purchasing decisions. Through its comprehensive service offerings, Servify aims to deliver a seamless and satisfactory customer experience.

Cashify

Seed Round in 2015
Cashify is an Indian online marketplace specializing in reselling used electronic gadgets. Headquartered in Gurgaon, Haryana, it facilitates users selling their old devices through its platform, offering instant cash payments and free home pick-up services. The company's platform evaluates the worth of a user's gadget based on factors like model number, condition, and defects, providing a convenient and stress-free selling experience.
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