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 SME

Aerem

Series A in 2025
Aerem is a FinTech platform that facilitates the adoption of rooftop solar systems for businesses, reducing electricity costs by up to 70%. It leverages a wide installer network and offers quick loans through its in-house NBFC or partner banks. Headquartered in Mumbai, Aerem aims to democratize clean energy adoption and create a sustainable future.

Mysa

Seed Round in 2025
Mysa provides smart banking platform by automating cashflow management, accounting & taxes for growing business.

Optimo Loan

Seed Round in 2024
Optimo Loan is committed to promoting financial inclusion in the small business community and having a positive social impact.Our financing solutions are designed to empower businesses, regardless of their size or background, to achieve their growth ambitions and drive economic progress.

Glamplus

Seed Round in 2024
Glamplus is a SaaS-enabled platform tailored for small to medium-sized beauty salons and spas. It offers comprehensive solutions such as digital appointment tracking, invoicing, customer engagement, revenue management, and more.

Mysa

Pre Seed Round in 2023
Mysa provides smart banking platform by automating cashflow management, accounting & taxes for growing business.

Aerem

Seed Round in 2023
Aerem is a FinTech platform that facilitates the adoption of rooftop solar systems for businesses, reducing electricity costs by up to 70%. It leverages a wide installer network and offers quick loans through its in-house NBFC or partner banks. Headquartered in Mumbai, Aerem aims to democratize clean energy adoption and create a sustainable future.

BimaKavach

Seed Round in 2022
BimaKavach operates an online platform that simplifies business insurance for small and medium enterprises (SMEs) and startups. It combines technology and insurance expertise to offer fast, transparent, and tailored coverage options.

Aerem

Seed Round in 2022
Aerem is a FinTech platform that facilitates the adoption of rooftop solar systems for businesses, reducing electricity costs by up to 70%. It leverages a wide installer network and offers quick loans through its in-house NBFC or partner banks. Headquartered in Mumbai, Aerem aims to democratize clean energy adoption and create a sustainable future.

SuperK

Seed Round in 2022
SuperK is a technology-driven platform empowering local entrepreneurs by providing tools and resources to establish and manage mini supermarkets. It bridges small businesses with the grocery retail sector, offering streamlined solutions for launching and managing convenience stores. SuperK facilitates store setup, management, inventory optimization, and customer insights, enabling entrepreneurs to meet community needs while promoting business growth.

Glamplus

Seed Round in 2022
Glamplus is a SaaS-enabled platform tailored for small to medium-sized beauty salons and spas. It offers comprehensive solutions such as digital appointment tracking, invoicing, customer engagement, revenue management, and more.

IppoPay

Seed Round in 2022
IppoPay is a payment aggregator that facilitates secure banking transactions for small businesses, SMEs, freelancers, and other enterprises. It offers a platform with developer-friendly APIs for seamless integration, enabling businesses to accept, process, and disburse payments across various methods such as UPI, credit/debit cards, net banking, invoices, subscriptions, and social commerce.

Skillenza

Seed Round in 2019
Skillenza is the optimum gap filler between required market-ready skills and the current college student skillset. We directly address the growing concerns of students & job seekers while connecting the right person with the right opportunity.

Skillenza

Seed Round in 2017
Skillenza is the optimum gap filler between required market-ready skills and the current college student skillset. We directly address the growing concerns of students & job seekers while connecting the right person with the right opportunity.

NowFloats

Series B in 2017
NowFloats is a company that empowers Small and Medium Businesses (SMEs) to establish an online presence using SMS technology. The platform allows businesses to create and update websites by sending text messages, ensuring high discoverability through intelligent Search Engine Optimization (SEO). This approach addresses the significant gap between the number of SMEs in India and those with registered websites, leveraging the widespread use of mobile phones and SMS. NowFloats also provides tools for analyzing website traffic and generating organic content to attract more customers. Founded by former Microsoft and Saatchi & Saatchi professionals, the company has quickly gained traction, serving nearly 2000 customers within five months of its product launch.

iService

Seed Round in 2017
iService, an electronic device repairing startup.The rates for service repair are between what is offered at authorized repair outlets of gadget companies and at local gadget repair shops.

SnapBizz CloudTech

Venture Round in 2016
SnapBizz CloudTech Pvt. Ltd., founded in 2012 and headquartered in Bengaluru, India, specializes in developing cloud-based solutions for the fast-moving consumer goods (FMCG) sector. The company provides retail billing software designed to enhance the operational efficiency of kirana stores. Its offerings include snap billing, snap order, and snap inventory management, which streamline the retail process. Additionally, SnapBizz facilitates brand promotion by showcasing offers and discounts while enabling direct communication with customers through SMS notifications. By integrating these services, SnapBizz CloudTech empowers retailers and brands to optimize their business operations and improve customer engagement.

Explara

Venture Round in 2015
Explara is a platform offering end-to-end tools for event ticketing, registration, and management to help creators and small businesses monetize events. It provides an integrated suite that includes ticketing and registration, online selling and payment, crowdfunding and donations, and community and membership features within an event management cloud. The system supports personalized attendee experiences through customized registration workflows, branded event pages, widgets, and emails, enabling users to reach target audiences and improve conversion rates.

NowFloats

Series A in 2015
NowFloats is a company that empowers Small and Medium Businesses (SMEs) to establish an online presence using SMS technology. The platform allows businesses to create and update websites by sending text messages, ensuring high discoverability through intelligent Search Engine Optimization (SEO). This approach addresses the significant gap between the number of SMEs in India and those with registered websites, leveraging the widespread use of mobile phones and SMS. NowFloats also provides tools for analyzing website traffic and generating organic content to attract more customers. Founded by former Microsoft and Saatchi & Saatchi professionals, the company has quickly gained traction, serving nearly 2000 customers within five months of its product launch.

Instamojo

Series A in 2014
Instamojo empowers over a million MSMEs in India by providing user-friendly payment and eCommerce solutions. It aims to be a comprehensive business solution, fostering entrepreneurship through technology, data, and design.

NowFloats

Pre Seed Round in 2013
NowFloats is a company that empowers Small and Medium Businesses (SMEs) to establish an online presence using SMS technology. The platform allows businesses to create and update websites by sending text messages, ensuring high discoverability through intelligent Search Engine Optimization (SEO). This approach addresses the significant gap between the number of SMEs in India and those with registered websites, leveraging the widespread use of mobile phones and SMS. NowFloats also provides tools for analyzing website traffic and generating organic content to attract more customers. Founded by former Microsoft and Saatchi & Saatchi professionals, the company has quickly gained traction, serving nearly 2000 customers within five months of its product launch.

Instamojo

Seed Round in 2013
Instamojo empowers over a million MSMEs in India by providing user-friendly payment and eCommerce solutions. It aims to be a comprehensive business solution, fostering entrepreneurship through technology, data, and design.

Explara

Venture Round in 2013
Explara is a platform offering end-to-end tools for event ticketing, registration, and management to help creators and small businesses monetize events. It provides an integrated suite that includes ticketing and registration, online selling and payment, crowdfunding and donations, and community and membership features within an event management cloud. The system supports personalized attendee experiences through customized registration workflows, branded event pages, widgets, and emails, enabling users to reach target audiences and improve conversion rates.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.