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

Vikram Gawande

Vice President, Growth

Past deals in Public Transportation

RailYatri

Series B in 2020
RailYatri is a digital platform simplifying train travel for millions of daily passengers. It offers real-time information on live train status, PNR updates, seat availability predictions, fare calculators, station facilities, personalized alerts, and essential services like meals and taxis. With over 9000 locations and 14500 trains covered, RailYatri aims to enhance the travel experience by providing comprehensive, up-to-date data.

IntrCity

Series B in 2020
Today’s tech-savvy Millennial consumers in both metro & tier-2 cities have grown using Ola, Uber Apps for mobility and have a low tolerance for subpar digital experiences. Consumers are increasingly demanding ease of use, cashless/ contactless digital customer services along with superior on-ground experience which can only be provided by connecting these by technology. Our platform provides seamless intercity travel via the \only two real alternative modes - Buses & Trains. IntrCity SmartBus promises comfort, safety, and punctuality to our travelers. We accomplish these goals with defined quality standards, standardized bus configurations, and powered by our proprietary mobility technology.

Yulu

Seed Round in 2018
Yulu operates a micro-mobility platform in India, aiming to alleviate traffic congestion and air pollution. It offers dockless, electric two-wheelers powered by IoT technology, accessible via an app on a pay-per-use basis.

IntrCity

Series B in 2018
Today’s tech-savvy Millennial consumers in both metro & tier-2 cities have grown using Ola, Uber Apps for mobility and have a low tolerance for subpar digital experiences. Consumers are increasingly demanding ease of use, cashless/ contactless digital customer services along with superior on-ground experience which can only be provided by connecting these by technology. Our platform provides seamless intercity travel via the \only two real alternative modes - Buses & Trains. IntrCity SmartBus promises comfort, safety, and punctuality to our travelers. We accomplish these goals with defined quality standards, standardized bus configurations, and powered by our proprietary mobility technology.

RailYatri

Series B in 2018
RailYatri is a digital platform simplifying train travel for millions of daily passengers. It offers real-time information on live train status, PNR updates, seat availability predictions, fare calculators, station facilities, personalized alerts, and essential services like meals and taxis. With over 9000 locations and 14500 trains covered, RailYatri aims to enhance the travel experience by providing comprehensive, up-to-date data.

IntrCity

Venture Round in 2016
Today’s tech-savvy Millennial consumers in both metro & tier-2 cities have grown using Ola, Uber Apps for mobility and have a low tolerance for subpar digital experiences. Consumers are increasingly demanding ease of use, cashless/ contactless digital customer services along with superior on-ground experience which can only be provided by connecting these by technology. Our platform provides seamless intercity travel via the \only two real alternative modes - Buses & Trains. IntrCity SmartBus promises comfort, safety, and punctuality to our travelers. We accomplish these goals with defined quality standards, standardized bus configurations, and powered by our proprietary mobility technology.

RailYatri

Venture Round in 2016
RailYatri is a digital platform simplifying train travel for millions of daily passengers. It offers real-time information on live train status, PNR updates, seat availability predictions, fare calculators, station facilities, personalized alerts, and essential services like meals and taxis. With over 9000 locations and 14500 trains covered, RailYatri aims to enhance the travel experience by providing comprehensive, up-to-date data.

RailYatri

Series A in 2016
RailYatri is a digital platform simplifying train travel for millions of daily passengers. It offers real-time information on live train status, PNR updates, seat availability predictions, fare calculators, station facilities, personalized alerts, and essential services like meals and taxis. With over 9000 locations and 14500 trains covered, RailYatri aims to enhance the travel experience by providing comprehensive, up-to-date data.

IntrCity

Series A in 2016
Today’s tech-savvy Millennial consumers in both metro & tier-2 cities have grown using Ola, Uber Apps for mobility and have a low tolerance for subpar digital experiences. Consumers are increasingly demanding ease of use, cashless/ contactless digital customer services along with superior on-ground experience which can only be provided by connecting these by technology. Our platform provides seamless intercity travel via the \only two real alternative modes - Buses & Trains. IntrCity SmartBus promises comfort, safety, and punctuality to our travelers. We accomplish these goals with defined quality standards, standardized bus configurations, and powered by our proprietary mobility technology.

RailYatri

Seed Round in 2015
RailYatri is a digital platform simplifying train travel for millions of daily passengers. It offers real-time information on live train status, PNR updates, seat availability predictions, fare calculators, station facilities, personalized alerts, and essential services like meals and taxis. With over 9000 locations and 14500 trains covered, RailYatri aims to enhance the travel experience by providing comprehensive, up-to-date data.

IntrCity

Seed Round in 2015
Today’s tech-savvy Millennial consumers in both metro & tier-2 cities have grown using Ola, Uber Apps for mobility and have a low tolerance for subpar digital experiences. Consumers are increasingly demanding ease of use, cashless/ contactless digital customer services along with superior on-ground experience which can only be provided by connecting these by technology. Our platform provides seamless intercity travel via the \only two real alternative modes - Buses & Trains. IntrCity SmartBus promises comfort, safety, and punctuality to our travelers. We accomplish these goals with defined quality standards, standardized bus configurations, and powered by our proprietary mobility technology.

RailYatri

Seed Round in 2014
RailYatri is a digital platform simplifying train travel for millions of daily passengers. It offers real-time information on live train status, PNR updates, seat availability predictions, fare calculators, station facilities, personalized alerts, and essential services like meals and taxis. With over 9000 locations and 14500 trains covered, RailYatri aims to enhance the travel experience by providing comprehensive, up-to-date data.

IntrCity

Seed Round in 2014
Today’s tech-savvy Millennial consumers in both metro & tier-2 cities have grown using Ola, Uber Apps for mobility and have a low tolerance for subpar digital experiences. Consumers are increasingly demanding ease of use, cashless/ contactless digital customer services along with superior on-ground experience which can only be provided by connecting these by technology. Our platform provides seamless intercity travel via the \only two real alternative modes - Buses & Trains. IntrCity SmartBus promises comfort, safety, and punctuality to our travelers. We accomplish these goals with defined quality standards, standardized bus configurations, and powered by our proprietary mobility technology.
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