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.
Zoplar is a comprehensive platform designed to meet various healthcare needs, providing a wide array of products tailored for hospitals and clinics. The company simplifies the procurement process by eliminating complexities related to pricing and inventory management. Through its efficient delivery and after-sales services, Zoplar aims to supply affordable and reliable medical supplies, thereby enhancing the operational capabilities of healthcare facilities.
Procol
Series A in 2022
Procol is a procurement software company that enhances efficiency and cost savings in the procurement process for businesses. By leveraging advanced technology, Procol enables companies to operate procurement approximately 50% more efficiently and twice as fast, resulting in potential cost savings of 2-10%. The platform digitizes buying processes, promoting transparency, traceability, and seamless communication between buyers and sellers through a user-friendly mobile and web application. With over 150 clients and a team of more than 125 experienced professionals from notable companies, Procol is committed to optimizing spend management and transforming procurement practices. The company has garnered support from various investors, contributing to its growth and development in the procurement technology space.
Procol
Series A in 2022
Procol is a procurement software company that enhances efficiency and cost savings in the procurement process for businesses. By leveraging advanced technology, Procol enables companies to operate procurement approximately 50% more efficiently and twice as fast, resulting in potential cost savings of 2-10%. The platform digitizes buying processes, promoting transparency, traceability, and seamless communication between buyers and sellers through a user-friendly mobile and web application. With over 150 clients and a team of more than 125 experienced professionals from notable companies, Procol is committed to optimizing spend management and transforming procurement practices. The company has garnered support from various investors, contributing to its growth and development in the procurement technology space.
WizCommerce
Seed Round in 2022
WizCommerce is an all-in-one AI-powered platform that empowers B2B wholesalers, distributors, and manufacturers to digitize their end-to-end sales; right from recording new leads to taking orders, processing payments, inventory, invoices, and more.
Sourcewiz
Seed Round in 2021
Sourcewiz is a platform designed to assist exporters in digitizing their workflows and enhancing business management. Its primary offering is a vertical sales software tailored specifically for exporters, enabling them to showcase their unique products to a wider audience, generate inquiries, and improve sales conversion rates. The platform allows users to create custom product catalogs by utilizing smart filters to select products based on attributes such as color, construction, design, or material. Additionally, Sourcewiz provides tools for tracking buyer engagement, including login activity, viewing history, and geographic location, which helps exporters effectively manage their offerings and drive business growth.
Procol
Seed Round in 2020
Procol is a procurement software company that enhances efficiency and cost savings in the procurement process for businesses. By leveraging advanced technology, Procol enables companies to operate procurement approximately 50% more efficiently and twice as fast, resulting in potential cost savings of 2-10%. The platform digitizes buying processes, promoting transparency, traceability, and seamless communication between buyers and sellers through a user-friendly mobile and web application. With over 150 clients and a team of more than 125 experienced professionals from notable companies, Procol is committed to optimizing spend management and transforming procurement practices. The company has garnered support from various investors, contributing to its growth and development in the procurement technology space.
Procol
Seed Round in 2019
Procol is a procurement software company that enhances efficiency and cost savings in the procurement process for businesses. By leveraging advanced technology, Procol enables companies to operate procurement approximately 50% more efficiently and twice as fast, resulting in potential cost savings of 2-10%. The platform digitizes buying processes, promoting transparency, traceability, and seamless communication between buyers and sellers through a user-friendly mobile and web application. With over 150 clients and a team of more than 125 experienced professionals from notable companies, Procol is committed to optimizing spend management and transforming procurement practices. The company has garnered support from various investors, contributing to its growth and development in the procurement technology space.
Hybrent
Venture Round in 2016
Hybrent Inc. is a provider of a mobile ordering application designed to enhance inventory and supply chain management in healthcare settings, particularly within hospitals. Founded in 2012 and headquartered in Chicago, Illinois, Hybrent's platform focuses on improving supply chain visibility, reducing expenses, and automating workflows for nurses, technicians, and materials management personnel. The company's software integrates procurement, inventory management, invoicing, and reporting tools, allowing healthcare organizations to automate manual processes and significantly lower supply costs. By leveraging innovative technology, Hybrent aims to address the evolving challenges of the healthcare industry, helping organizations improve efficiencies and quality while managing non-salary expenses.
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