Blume Ventures

Blume Ventures is an early-stage venture capital firm based in Mumbai, India, founded in 2010. It specializes in providing pre-Series A and early-stage funding to technology-focused and technology-enabled ventures across various sectors, including business products, healthcare, financial services, and e-commerce. Blume Ventures typically acts as the first institutional investor in its portfolio companies and maintains a long-term investment horizon of about 8 to 10 years. The firm advocates for a collaborative investment approach, often co-investing with like-minded angel investors and seed funds. In addition to funding, Blume Ventures supports startup founders through a comprehensive platform that offers assistance in areas such as talent acquisition and operational scaling, ensuring that its portfolio companies receive the necessary resources to thrive in competitive markets.

Arpit Agarwal

Director

Akhilesh Agarwal

Associate Vice President

Apurva Dixit

Associate Vice President

Fafadia C.A., C.S., CA, CS, DISA.ICAI, Ashish Bhupendra

Partner

Vikram Gawande

Vice President

Marmik Mankodi

Associate Vice President

Venkatesh Modi

Associate

Mudit Narain

Vice President

Sanjay Nath

Co-Founder and Managing Partner

Sajith Pai

Director

Joseph Sebastian

Associate Vice President

Past deals in Ride Sharing

Battery Smart

Series A in 2022
Battery Smart is an electric vehicle (EV) battery-swapping network based in Delhi, India, that focuses on providing advanced lithium-ion batteries for electric two and three-wheelers. Established in 2019, the company has developed a retrofittable 48V lithium-ion twin battery system compatible with various electric rickshaw and two-wheeler models. Its network allows EV drivers to swap batteries in approximately two minutes, effectively addressing common challenges such as range anxiety and the downtime associated with charging. By offering interoperable battery solutions, Battery Smart enables users to avoid the recurring costs of battery replacement while enhancing the overall convenience of electric vehicle use.

Flo Mobility

Seed Round in 2021
Flo Mobility, founded in 2018 and based in Bangalore, India, specializes in developing autonomous technology for electric two-wheeled vehicles. The company offers a plug-and-play technology stack designed for various applications, including electric scooters, agri-weeders, and lawnmowers. Their technology can be retrofitted onto existing micro-mobility fleets and incorporates advanced features such as sensor data filtering, object detection algorithms, and operator guidance systems. By automating labor-intensive tasks, Flo Mobility enables businesses, particularly in construction, to enhance efficiency and reduce costs while streamlining operations.

Battery Smart

Seed Round in 2021
Battery Smart is an electric vehicle (EV) battery-swapping network based in Delhi, India, that focuses on providing advanced lithium-ion batteries for electric two and three-wheelers. Established in 2019, the company has developed a retrofittable 48V lithium-ion twin battery system compatible with various electric rickshaw and two-wheeler models. Its network allows EV drivers to swap batteries in approximately two minutes, effectively addressing common challenges such as range anxiety and the downtime associated with charging. By offering interoperable battery solutions, Battery Smart enables users to avoid the recurring costs of battery replacement while enhancing the overall convenience of electric vehicle use.

Pitstop

Series B in 2021
Pitstop is a Bengaluru-based company that specializes in providing general repair and maintenance services for cars through a convenient doorstep service. Founded in 2015, it operates an online platform designed to serve as a comprehensive solution for all car care needs. By leveraging advanced technology and data analytics, Pitstop enhances the customer experience and ensures quality and economical services. The company collaborates with a network of partner garages to deliver efficient and accessible car maintenance, making it easier for customers to receive the care their vehicles require.

Euler Motors

Series A in 2021
Euler Motors is an automotive tech startup dedicated to advancing commercial electric vehicles in India. The company aims to accelerate the country's transition to sustainable mobility by focusing on last-mile logistics, particularly for e-commerce and third-party logistics providers. Euler Motors manufactures electric three-wheelers designed for intra-city goods transportation, which help reduce maintenance costs and lower fleet operational expenses. By offering a comprehensive "mobility as a service" solution, Euler Motors seeks to establish itself as a leader in the electric vehicle sector and drive the adoption of electric mobility across the nation.

Euler Motors

Series A in 2020
Euler Motors is an automotive tech startup dedicated to advancing commercial electric vehicles in India. The company aims to accelerate the country's transition to sustainable mobility by focusing on last-mile logistics, particularly for e-commerce and third-party logistics providers. Euler Motors manufactures electric three-wheelers designed for intra-city goods transportation, which help reduce maintenance costs and lower fleet operational expenses. By offering a comprehensive "mobility as a service" solution, Euler Motors seeks to establish itself as a leader in the electric vehicle sector and drive the adoption of electric mobility across the nation.

Pitstop

Series A in 2020
Pitstop is a Bengaluru-based company that specializes in providing general repair and maintenance services for cars through a convenient doorstep service. Founded in 2015, it operates an online platform designed to serve as a comprehensive solution for all car care needs. By leveraging advanced technology and data analytics, Pitstop enhances the customer experience and ensures quality and economical services. The company collaborates with a network of partner garages to deliver efficient and accessible car maintenance, making it easier for customers to receive the care their vehicles require.

RailYatri

Series B in 2020
RailYatri's goal is to provide the most up to date information to the 25 million passengers who board a train every day. RailYatri mobile app provides real-time information on live train status, PNR Status, seat availability predictions, fare calculator, platforms/ facilities at stations, personalized alerts, access to essential travel services like meals and taxi.... and much more. RailYatri provides information on over 9000 locations and 14500 trains (including long distance trains, local trains and metros). Within its first year of the launch, RailYatri's Android app has crossed 1 million downloads. The company has also partnered with taxi services firms across 20 cities and food vendors across 300 stations. RailYatri's mission is to simplify train travel and they are doing it one traveller at a time.

Rukita

Seed Round in 2019
Rukita is a proptech company that redefines urban living. As a leading hospitality brand and asset manager, we aim to make quality living accessible by providing lifestyle residences for each phase of life, while empowering property owners to generate wealth from their assets.

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.

Euler Motors

Seed Round in 2019
Euler Motors is an automotive tech startup dedicated to advancing commercial electric vehicles in India. The company aims to accelerate the country's transition to sustainable mobility by focusing on last-mile logistics, particularly for e-commerce and third-party logistics providers. Euler Motors manufactures electric three-wheelers designed for intra-city goods transportation, which help reduce maintenance costs and lower fleet operational expenses. By offering a comprehensive "mobility as a service" solution, Euler Motors seeks to establish itself as a leader in the electric vehicle sector and drive the adoption of electric mobility across the nation.

Spinny

Series A in 2019
Spinny is a technology-driven platform that simplifies the buying and selling of used cars in India. Founded in 2015 and headquartered in Gurgaon, Haryana, Spinny aims to create a trustworthy and hassle-free experience for customers in the pre-owned car market. The company employs a full-stack business model, ensuring transparency and value in every transaction. Spinny offers a selection of handpicked cars, complete with detailed information, and provides potential buyers with the opportunity for a test drive and a five-day money-back guarantee. This approach enables car owners to list their vehicles easily while offering buyers a straightforward and reliable process for purchasing their desired cars.

Spinny

Debt Financing in 2018
Spinny is a tech-powered new-age used car buying platform enabling trustworthy and hassle-free transactions in used cars. It also brings absolute trust and simplicity to the Indian used car market. They follow a full-stack business model to offer value, transparency, and simplicity to their customers. Spinny's goal is to help our customers buy a car that matches their aspirations. It was founded in 2015 and is headquartered in Gurgaon, Haryana, India.

Yulu

Seed Round in 2018
Yulu is a micro-mobility platform in India that aims to alleviate traffic congestion and air pollution through the provision of human and battery-powered two-wheelers. The company offers a range of smart, dockless electric vehicles that leverage advanced internet of things technology. Users can easily rent these vehicles via a user-friendly application, utilizing either a pay-per-use or subscription-based model. Yulu's focus on shared mobility addresses the challenges of last-mile connectivity and delivery, promoting a seamless and sustainable transportation solution.

Rizort

Seed Round in 2018
Rizort is a luxury vacation marketplace that brings immersive vacation planning and booking services for travelers. It provides luxury-seeking guests with a platform that allows them to dream, personalize, and experience a destination like never before. Travelers are free to curate their own vacation or choose from our carefully tailored vacations. Founded in 2017, Rizort is headquartered in San Francisco, California.

RailYatri

Series B in 2018
RailYatri's goal is to provide the most up to date information to the 25 million passengers who board a train every day. RailYatri mobile app provides real-time information on live train status, PNR Status, seat availability predictions, fare calculator, platforms/ facilities at stations, personalized alerts, access to essential travel services like meals and taxi.... and much more. RailYatri provides information on over 9000 locations and 14500 trains (including long distance trains, local trains and metros). Within its first year of the launch, RailYatri's Android app has crossed 1 million downloads. The company has also partnered with taxi services firms across 20 cities and food vendors across 300 stations. RailYatri's mission is to simplify train travel and they are doing it one traveller at a time.

Pitstop

Seed Round in 2018
Pitstop is a Bengaluru-based company that specializes in providing general repair and maintenance services for cars through a convenient doorstep service. Founded in 2015, it operates an online platform designed to serve as a comprehensive solution for all car care needs. By leveraging advanced technology and data analytics, Pitstop enhances the customer experience and ensures quality and economical services. The company collaborates with a network of partner garages to deliver efficient and accessible car maintenance, making it easier for customers to receive the care their vehicles require.

Pitstop

Seed Round in 2017
Pitstop is a Bengaluru-based company that specializes in providing general repair and maintenance services for cars through a convenient doorstep service. Founded in 2015, it operates an online platform designed to serve as a comprehensive solution for all car care needs. By leveraging advanced technology and data analytics, Pitstop enhances the customer experience and ensures quality and economical services. The company collaborates with a network of partner garages to deliver efficient and accessible car maintenance, making it easier for customers to receive the care their vehicles require.

Spinny

Seed Round in 2017
Spinny is a tech-powered new-age used car buying platform enabling trustworthy and hassle-free transactions in used cars. It also brings absolute trust and simplicity to the Indian used car market. They follow a full-stack business model to offer value, transparency, and simplicity to their customers. Spinny's goal is to help our customers buy a car that matches their aspirations. It was founded in 2015 and is headquartered in Gurgaon, Haryana, India.

RailYatri

Venture Round in 2016
RailYatri's goal is to provide the most up to date information to the 25 million passengers who board a train every day. RailYatri mobile app provides real-time information on live train status, PNR Status, seat availability predictions, fare calculator, platforms/ facilities at stations, personalized alerts, access to essential travel services like meals and taxi.... and much more. RailYatri provides information on over 9000 locations and 14500 trains (including long distance trains, local trains and metros). Within its first year of the launch, RailYatri's Android app has crossed 1 million downloads. The company has also partnered with taxi services firms across 20 cities and food vendors across 300 stations. RailYatri's mission is to simplify train travel and they are doing it one traveller at a time.

Runnr

Series B in 2016
Runnr is a business-to-business platform based in India that specializes in hyper-local logistics services, primarily focusing on food delivery. It partners with merchants to provide an on-demand food ordering service that allows users to easily browse restaurant offerings, place orders, and make payments through a mobile application. Runnr emphasizes convenience, leveraging an integrated API and a user-friendly smartphone app to streamline the delivery process.

RailYatri

Series A in 2016
RailYatri's goal is to provide the most up to date information to the 25 million passengers who board a train every day. RailYatri mobile app provides real-time information on live train status, PNR Status, seat availability predictions, fare calculator, platforms/ facilities at stations, personalized alerts, access to essential travel services like meals and taxi.... and much more. RailYatri provides information on over 9000 locations and 14500 trains (including long distance trains, local trains and metros). Within its first year of the launch, RailYatri's Android app has crossed 1 million downloads. The company has also partnered with taxi services firms across 20 cities and food vendors across 300 stations. RailYatri's mission is to simplify train travel and they are doing it one traveller at a time.

RailYatri

Seed Round in 2015
RailYatri's goal is to provide the most up to date information to the 25 million passengers who board a train every day. RailYatri mobile app provides real-time information on live train status, PNR Status, seat availability predictions, fare calculator, platforms/ facilities at stations, personalized alerts, access to essential travel services like meals and taxi.... and much more. RailYatri provides information on over 9000 locations and 14500 trains (including long distance trains, local trains and metros). Within its first year of the launch, RailYatri's Android app has crossed 1 million downloads. The company has also partnered with taxi services firms across 20 cities and food vendors across 300 stations. RailYatri's mission is to simplify train travel and they are doing it one traveller at a time.

Runnr

Series A in 2015
Runnr is a business-to-business platform based in India that specializes in hyper-local logistics services, primarily focusing on food delivery. It partners with merchants to provide an on-demand food ordering service that allows users to easily browse restaurant offerings, place orders, and make payments through a mobile application. Runnr emphasizes convenience, leveraging an integrated API and a user-friendly smartphone app to streamline the delivery process.

Runnr

Seed Round in 2015
Runnr is a business-to-business platform based in India that specializes in hyper-local logistics services, primarily focusing on food delivery. It partners with merchants to provide an on-demand food ordering service that allows users to easily browse restaurant offerings, place orders, and make payments through a mobile application. Runnr emphasizes convenience, leveraging an integrated API and a user-friendly smartphone app to streamline the delivery process.

RailYatri

Seed Round in 2014
RailYatri's goal is to provide the most up to date information to the 25 million passengers who board a train every day. RailYatri mobile app provides real-time information on live train status, PNR Status, seat availability predictions, fare calculator, platforms/ facilities at stations, personalized alerts, access to essential travel services like meals and taxi.... and much more. RailYatri provides information on over 9000 locations and 14500 trains (including long distance trains, local trains and metros). Within its first year of the launch, RailYatri's Android app has crossed 1 million downloads. The company has also partnered with taxi services firms across 20 cities and food vendors across 300 stations. RailYatri's mission is to simplify train travel and they are doing it one traveller at a time.

TaxiForSure

Series B in 2014
TaxiForSure.com is an aggregator of car rentals and taxis in India. They work with various taxi operators and enable them with technology to ensure that customers get an easily accessible, safe, reliable taxi ride ‘for sure’.

TaxiForSure

Series A in 2013
TaxiForSure.com is an aggregator of car rentals and taxis in India. They work with various taxi operators and enable them with technology to ensure that customers get an easily accessible, safe, reliable taxi ride ‘for sure’.

TaxiForSure

Seed Round in 2012
TaxiForSure.com is an aggregator of car rentals and taxis in India. They work with various taxi operators and enable them with technology to ensure that customers get an easily accessible, safe, reliable taxi ride ‘for sure’.
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