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 Fashion

Freakins

Series A in 2025
Freakins is a denim clothing brand that targets Generation Z by offering a unique approach to denim wear for both men and women. The company focuses on combining bold designs with comfort, ensuring that their apparel meets the diverse needs and body shapes of their customers. Freakins is committed to providing a constant variety in fashion, releasing new products weekly. Their designs are created and manufactured in-house, and they primarily sell through direct-to-consumer channels and online marketplaces, allowing them to maintain a close connection with their audience and respond promptly to fashion trends.

FirstClub

Seed Round in 2024
FirstClub's mission is to become a rapid commerce-first omnichannel retailer that uses offline experience stores to promote the quality of its items. FirstClub's goal is to create a platform that serves customers and offers brands a unique opportunity to connect with affluent homes.

Fashor

Secondary Market in 2024
Fashor is an apparel and fashion company based in India that focuses on providing embroidered clothing for women. The company operates an online retail marketplace where customers can browse and purchase a variety of traditional and indo-western apparel, including kurta sets and palazzos. By collaborating with various designers, Fashor aims to enhance its customers' wardrobes with affordable and stylish options.

Fashor

Series A in 2024
Fashor is an apparel and fashion company based in India that focuses on providing embroidered clothing for women. The company operates an online retail marketplace where customers can browse and purchase a variety of traditional and indo-western apparel, including kurta sets and palazzos. By collaborating with various designers, Fashor aims to enhance its customers' wardrobes with affordable and stylish options.

Salty

Seed Round in 2024
Salty is an Indian online retailer specializing in affordable fashion accessories. It offers a diverse range of products, including jewelry for women, men, and couples, as well as watch rings, catering to varied tastes and styles. The company aims to make trendy fashion accessories accessible to women across India.

Drip Project

Seed Round in 2023
Drip Project is a brand that focuses on creating affordable, handcrafted jewelry inspired by diverse cultures. It aims to help individuals express their inner radiance through stylish and unique pieces. Specializing in hip-hop jewelry, Drip Project offers a variety of statement-crafted ornaments, including bracelets, chains, and rings. The brand operates primarily through its online platform, catering to those seeking fashionable streetwear jewelry that combines luxury with accessibility.

Freakins

Seed Round in 2023
Freakins is a denim clothing brand that targets Generation Z by offering a unique approach to denim wear for both men and women. The company focuses on combining bold designs with comfort, ensuring that their apparel meets the diverse needs and body shapes of their customers. Freakins is committed to providing a constant variety in fashion, releasing new products weekly. Their designs are created and manufactured in-house, and they primarily sell through direct-to-consumer channels and online marketplaces, allowing them to maintain a close connection with their audience and respond promptly to fashion trends.

Relove

Pre Seed Round in 2022
Relove is a technology platform that specializes in providing resale solutions for fashion brands. By enabling brands to implement peer-to-peer resale options, Relove helps them acquire new customers and foster customer loyalty. The platform offers a comprehensive suite of tools for managing the resale process, including technology integration, listing approvals, shipping, communication, customer care, and traceability. This end-to-end management system allows brands to effectively expand their consumer base while enhancing their sustainability practices through the promotion of second-hand sales.

Stage 3

Seed Round in 2021
Stage 3 is a fashion rental service based in New Delhi, India, founded by Sabena Puri in 2015. The company specializes in the design and manufacturing of clothing and accessories, providing an online platform that allows women to rent custom-fit designer outfits and accessories. Stage 3 sources its inventory from both established designers and emerging talents, offering a wide selection of fashionable items. The platform facilitates delivery and return services in key cities such as New Delhi, Mumbai, Chandigarh, and Ludhiana, catering to the evolving needs of modern consumers seeking stylish, convenient, and cost-effective fashion solutions.

Stage 3

Seed Round in 2019
Stage 3 is a fashion rental service based in New Delhi, India, founded by Sabena Puri in 2015. The company specializes in the design and manufacturing of clothing and accessories, providing an online platform that allows women to rent custom-fit designer outfits and accessories. Stage 3 sources its inventory from both established designers and emerging talents, offering a wide selection of fashionable items. The platform facilitates delivery and return services in key cities such as New Delhi, Mumbai, Chandigarh, and Ludhiana, catering to the evolving needs of modern consumers seeking stylish, convenient, and cost-effective fashion solutions.

Trell

Seed Round in 2019
Trell is a community-based platform for discovering lifestyles through videos in Indian Languages. It enables people to create visual collections of their lifestyle experiences. The community shares new ideas, experiences, and product recommendations with each other in multiple Indian languages and over 7 different lifestyle categories including Fashion, Beauty, Movies & TV Series, Recipes, Travel & Personal Care. 100M + users create around 5M+ visual & textual blogs that get over 10 Billion views on the app every month.

Little Black Book

Series A in 2019
Little Black Book sells women's wear, apparel for men, footwear, accessories, jewelry, home decor, snacks, and beverages. They provide web and mobile shopping apps. They also provide gifting guides and gift ideas for anniversaries, birthdays, weddings, and other special occasions.

The Wedding Brigade

Seed Round in 2019
The Wedding Brigade operates an online marketplace that specializes in wedding apparel and related services. They feature a vast collection of traditional attire, including lehengas, sarees, anarkalis, and trendy kurtas. The platform is designed to simplify the wedding planning process by offering a curated selection of vendors, including photographers, makeup artists, and venues. By handpicking each vendor, The Wedding Brigade ensures that customers receive high-quality options for their special day.

The Wedding Brigade

Venture Round in 2018
The Wedding Brigade operates an online marketplace that specializes in wedding apparel and related services. They feature a vast collection of traditional attire, including lehengas, sarees, anarkalis, and trendy kurtas. The platform is designed to simplify the wedding planning process by offering a curated selection of vendors, including photographers, makeup artists, and venues. By handpicking each vendor, The Wedding Brigade ensures that customers receive high-quality options for their special day.

Little Black Book

Venture Round in 2017
Little Black Book sells women's wear, apparel for men, footwear, accessories, jewelry, home decor, snacks, and beverages. They provide web and mobile shopping apps. They also provide gifting guides and gift ideas for anniversaries, birthdays, weddings, and other special occasions.

sourceeasy

Seed Round in 2016
Sourceeasy is building a global framework to power apparel manufacturing and distribution. That framework consists of: - digitizing styles and its components to a mix-and-match array. - powering volume to create predictable vendor and factory behavior. - building a SaaS platform to automate manufacturing and distribution of apparel. The Sourceeasy platform indexes every style of clothing we make the first time and puts it on "Speed Dial" to vendors, turning garment production into a simple mouse click. We turn small batch, quick turn manufacturing into a predictable, repeatable, scalable process for Brands and Retailers in the $300B Fast Fashion Industry. Sourceasy was launched by Pranay Srinivasan, and Chirag Chamoli, in March 2013 and is operated from San Francisco, New York, Los Angeles, Shanghai, Hyderabad and Ho Chi Minh City.

The Wedding Brigade

Seed Round in 2016
The Wedding Brigade operates an online marketplace that specializes in wedding apparel and related services. They feature a vast collection of traditional attire, including lehengas, sarees, anarkalis, and trendy kurtas. The platform is designed to simplify the wedding planning process by offering a curated selection of vendors, including photographers, makeup artists, and venues. By handpicking each vendor, The Wedding Brigade ensures that customers receive high-quality options for their special day.

Newgen Internet Networks

Seed Round in 2015
Newgen Internet Networks Pvt. Ltd., based in Mumbai, India, operates a content-plus-e-commerce portal specializing in beauty products and advice. Established in 2010, the company features a platform that includes a variety of content such as reviews, expert tips, ratings, how-to videos, and product demonstrations. It is also known for Glamrs, India's first video platform aimed at women, which offers daily updates on beauty, style, fitness, and DIY topics. The platform is designed to provide users with accessible information through short videos that can be conveniently viewed on various devices, ensuring that audiences remain informed about the latest trends and tips in the beauty industry.

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.

Threadsol

Seed Round in 2014
ThreadSol Softwares, founded in 2012, specializes in developing material planning and optimization software for the fashion industry. With offices in multiple cities including Delhi, Bangalore, and Jakarta, the company serves over 90 customers who collectively plan 2.5 million garments daily. Its innovative solutions utilize artificial intelligence, big data, and mobility to enhance material utilization and productivity in various sewn product sectors, such as apparel, footwear, and home furnishings. ThreadSol's software has established a significant presence in 13 countries and is recognized for its ability to reduce material waste and improve operational efficiency. With more than 85 success stories globally, ThreadSol is committed to providing sustainable benefits to its clients in the manufacturing sector.

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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