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 HoReCa

goStops

Series A in 2025
goStops is a brand of youth hostels in India that focuses on providing affordable and engaging accommodation options for young travelers. The hostels are designed to foster a social and experiential environment, featuring quality beds, air-conditioned dormitories, and private rooms. In addition to comfortable lodging, goStops offers various amenities to enhance the stay experience, such as mini theaters, foosball tables, and pool tables. By leasing, managing, and franchising real estate assets, goStops aims to make quality travel and living spaces accessible to the youth, encouraging community living and interaction among guests.

ChefKart

Series A in 2024
Chefkart Hospitality is a catering company that specializes in delivering exceptional services for various events, including weddings, corporate functions, and birthday parties. The company also connects skilled home chefs with households, enabling them to provide at-home cooking services. In addition to catering, ChefKart offers a range of smart kitchen services designed to assist working professionals. These services include access to experienced cooks, pantry management, and meal planning, all aimed at simplifying the cooking experience and promoting nutritious home-cooked meals. By bridging the gap between talented chefs and families, ChefKart enhances the dining experience while supporting the culinary community.

ChefKart

Seed Round in 2022
Chefkart Hospitality is a catering company that specializes in delivering exceptional services for various events, including weddings, corporate functions, and birthday parties. The company also connects skilled home chefs with households, enabling them to provide at-home cooking services. In addition to catering, ChefKart offers a range of smart kitchen services designed to assist working professionals. These services include access to experienced cooks, pantry management, and meal planning, all aimed at simplifying the cooking experience and promoting nutritious home-cooked meals. By bridging the gap between talented chefs and families, ChefKart enhances the dining experience while supporting the culinary community.

Hotelogix

Venture Round in 2012
Hotelogix operates a cloud-based hotel property management platform designed for independent hotels, hotel chains, resorts, inns, and other mid-sized hospitality businesses. The platform offers a user-friendly interface that allows properties to manage bookings and operations efficiently, including front desk services, point of sale, and housekeeping. By providing a pay-as-you-go model, Hotelogix eliminates the need for significant upfront investments and infrastructure costs. Its system integrates with online booking networks and facilitates reservations, payments, and comprehensive reporting, supporting management in areas such as pricing, revenue, and guest reviews across multiple languages and currencies. The streamlined approach helps hotels enhance their operational efficiency and customer service.
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