Blume Ventures

Blume Venture Advisors Pvt. Ltd. is a Mumbai-based venture capital firm established in 2010, specializing in early-stage investments in technology-focused startups across various sectors. The firm primarily targets seed to pre-Series A funding rounds, investing between $0.05 million and $0.3 million, with the capacity to double this amount through co-investments. Blume Ventures focuses on a diverse range of sectors including fintech, biotechnology, consumer internet, e-commerce, and deep tech, among others. It aims to be the first institutional investor in its portfolio companies and typically maintains a minority stake. The firm emphasizes a collaborative investment approach, often co-investing with angel investors and other venture capital firms, while also providing ongoing support and mentorship to its startups. Follow-on investments range from $0.5 million to $1.5 million, reflecting the firm's commitment to nurturing its portfolio over an investment horizon of 8 to 10 years.

Arpit Agarwal

Partner, Investment and Director

Akhilesh Agarwal

Associate Vice President

Apurva Dixit

Associate Vice President

Ashish Fafadia

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

Karthik Reddy

Co-Founder and Partner

Joseph Sebastian

Associate Vice President

Past deals in Sales Automation

Zapkey

Seed Round in 2022
Zapkey is a real estate technology company that offers a platform designed to streamline the buying and selling of properties. It guarantees home sales within three months of the listing date, ensuring that if a property does not sell within this timeframe, Zapkey will purchase it directly. The platform utilizes data algorithms to determine fair market prices, promoting transparency and fairness in property transactions. By providing these services, Zapkey aims to simplify the real estate process for its customers and enhance their confidence in property sales.

Sprinto

Series A in 2022
Developer of a compliance automation platform designed to make enterprise-grade security accessible to all. The company's platform specializes in guiding companies to provide visibility into the processes and policies governed by compliance checklists, help close enterprise deals, and pass vendor security assessments to keep them agile, enabling clients to build trust and confidence with their customers and partners.

Glamplus

Seed Round in 2022
Glamplus offers an experience-based CRM solution for repeat engagement. Glamplus has the vision to digitize the informal economy of Salons, Spas, and Gyms and create an unified ecosystem to improve customer experience.

Sourcewiz

Seed Round in 2021
Sourcewiz provides creating new catalogs using the smart filters to select relevant products by color, construction, design, or material and share them with the buyers and also allows to track the buyer log-ins, viewing history, location, and more, thereby enabling exporters to manage their products and grow their businesses.

WebEngage

Funding Round in 2021
WebEngage is a comprehensive marketing automation and customer data platform that supports consumer businesses in enhancing revenue from both existing customers and anonymous users. It achieves this through personalized user engagement across various channels, including Email, Mobile, Web Push Notifications, In-app Messages, SMS, and social media platforms like Facebook and WhatsApp. The platform enables brands to create and execute cross-channel marketing campaigns based on data-driven user insights and intelligent user profiles. With features such as a DIY journey builder, marketers and product managers can efficiently orchestrate complex lifecycle marketing campaigns, allowing for rapid execution and management at scale. Additionally, WebEngage provides extensive product and marketing analytics, facilitating effective tracking of growth metrics and campaign performance.

Smartstaff

Seed Round in 2021
Smartstaff is a workforce management platform that focuses on businesses manage their workforce's attendance and payroll. It uses next-generation technology to automatically assign the right workers to the right shift, track and record worker attendance, and automate payout calculations and performance-linked incentives.

Exotel

Series C in 2021
Exotel is a customer relationship management platform that focuses on simplifying communication between businesses and their customers. Founded to address the challenges of managing calls and texts through a single number, Exotel provides a virtual business phone system that allows small businesses to handle inbound communications efficiently without the need for a traditional call center. The platform features tools such as voicemail, dialer, and SMS keyword responders, enabling users to create interactive voice and SMS flows quickly. Additionally, Exotel incorporates artificial intelligence to further enhance customer interactions and streamline operations. With a client base of over 500 small businesses, Exotel aims to improve customer experience while helping organizations reduce operational costs and optimize resource allocation.

Exotel

Venture Round in 2021
Exotel is a customer relationship management platform that focuses on simplifying communication between businesses and their customers. Founded to address the challenges of managing calls and texts through a single number, Exotel provides a virtual business phone system that allows small businesses to handle inbound communications efficiently without the need for a traditional call center. The platform features tools such as voicemail, dialer, and SMS keyword responders, enabling users to create interactive voice and SMS flows quickly. Additionally, Exotel incorporates artificial intelligence to further enhance customer interactions and streamline operations. With a client base of over 500 small businesses, Exotel aims to improve customer experience while helping organizations reduce operational costs and optimize resource allocation.

Agara

Seed Round in 2021
Agara Labs is a technology company based in Bengaluru, India, founded in 2017. It specializes in automating customer support operations for large enterprises through an end-to-end engagement system. Agara's solution processes multi-format data, including text, audio, and images, sourced from customer interactions via emails, chats, phone calls, and social media, all in real time. The technology generates predictions in the form of classification labels, intents, and responses. Additionally, Agara offers an autonomous voice conversation agent that manages customer support calls without human intervention, particularly for sectors such as financial services, consumer products, and retail. This innovative approach significantly enhances customer experience while reducing support costs.

Servify

Series C in 2020
Servify is a mobile-based solution designed to serve as a personal assistant for consumers' electronic gadgets and appliances. The platform enables users to store bills and warranties in the cloud and connects them with authorized service providers for reliable repairs. Additionally, Servify offers a self-learning post-purchase service platform that integrates multiple partners within the post-sales service ecosystem. This allows enterprises to effectively manage the ownership experience of their products throughout their lifecycle, providing guidance for future purchases and enhancing overall customer satisfaction.

Servify

Series C in 2020
Servify is a mobile-based solution designed to serve as a personal assistant for consumers' electronic gadgets and appliances. The platform enables users to store bills and warranties in the cloud and connects them with authorized service providers for reliable repairs. Additionally, Servify offers a self-learning post-purchase service platform that integrates multiple partners within the post-sales service ecosystem. This allows enterprises to effectively manage the ownership experience of their products throughout their lifecycle, providing guidance for future purchases and enhancing overall customer satisfaction.

Sprinto

Seed Round in 2020
Developer of a compliance automation platform designed to make enterprise-grade security accessible to all. The company's platform specializes in guiding companies to provide visibility into the processes and policies governed by compliance checklists, help close enterprise deals, and pass vendor security assessments to keep them agile, enabling clients to build trust and confidence with their customers and partners.

Agara

Seed Round in 2019
Agara Labs is a technology company based in Bengaluru, India, founded in 2017. It specializes in automating customer support operations for large enterprises through an end-to-end engagement system. Agara's solution processes multi-format data, including text, audio, and images, sourced from customer interactions via emails, chats, phone calls, and social media, all in real time. The technology generates predictions in the form of classification labels, intents, and responses. Additionally, Agara offers an autonomous voice conversation agent that manages customer support calls without human intervention, particularly for sectors such as financial services, consumer products, and retail. This innovative approach significantly enhances customer experience while reducing support costs.

Rocketium

Seed Round in 2019
Rocketium.com Technologies Private Limited operates a creative automation platform designed to enhance video and display banner creation for brands and businesses. Founded in 2015 and based in Bengaluru, India, the platform allows users to produce customized visuals, including videos and banners, aimed at improving conversions on websites and applications. Rocketium offers a variety of solutions, such as social media marketing tools that enable the creation of branded videos tailored for various networks, and promotional themes suitable for small businesses and nonprofits. Its technology is utilized by over 120,000 companies across more than 95 countries, including notable e-commerce platforms. Through its automation capabilities, Rocketium helps marketers and designers generate visually appealing content that can lead to significantly higher conversion rates.

Servify

Series B in 2018
Servify is a mobile-based solution designed to serve as a personal assistant for consumers' electronic gadgets and appliances. The platform enables users to store bills and warranties in the cloud and connects them with authorized service providers for reliable repairs. Additionally, Servify offers a self-learning post-purchase service platform that integrates multiple partners within the post-sales service ecosystem. This allows enterprises to effectively manage the ownership experience of their products throughout their lifecycle, providing guidance for future purchases and enhancing overall customer satisfaction.

Rocketium

Seed Round in 2018
Rocketium.com Technologies Private Limited operates a creative automation platform designed to enhance video and display banner creation for brands and businesses. Founded in 2015 and based in Bengaluru, India, the platform allows users to produce customized visuals, including videos and banners, aimed at improving conversions on websites and applications. Rocketium offers a variety of solutions, such as social media marketing tools that enable the creation of branded videos tailored for various networks, and promotional themes suitable for small businesses and nonprofits. Its technology is utilized by over 120,000 companies across more than 95 countries, including notable e-commerce platforms. Through its automation capabilities, Rocketium helps marketers and designers generate visually appealing content that can lead to significantly higher conversion rates.

Servify

Seed Round in 2016
Servify is a mobile-based solution designed to serve as a personal assistant for consumers' electronic gadgets and appliances. The platform enables users to store bills and warranties in the cloud and connects them with authorized service providers for reliable repairs. Additionally, Servify offers a self-learning post-purchase service platform that integrates multiple partners within the post-sales service ecosystem. This allows enterprises to effectively manage the ownership experience of their products throughout their lifecycle, providing guidance for future purchases and enhancing overall customer satisfaction.

InTouchApp

Seed Round in 2016
InTouchApp is a contact management solution that enables users to store, manage, and view contact information using any mobile and from any place. Users can eliminate duplicate contacts in the phonebook; enable auto-sharing of their contact information by obtaining a personal IntouchID and printing it on business cards, adding it to their email signature, or sharing it on social media profiles; selectively authorize access to them; and obtain up-to-date contact info of businesses, emergency services, institutes, and more. Contacts can be accessed, added, and changed from any device such as Android, iPhone, Blackberry, Nokia, and more. InTouchApp was launched in November 2012 by Gauri Shah and Sarang Lakare.

Servify

Seed Round in 2016
Servify is a mobile-based solution designed to serve as a personal assistant for consumers' electronic gadgets and appliances. The platform enables users to store bills and warranties in the cloud and connects them with authorized service providers for reliable repairs. Additionally, Servify offers a self-learning post-purchase service platform that integrates multiple partners within the post-sales service ecosystem. This allows enterprises to effectively manage the ownership experience of their products throughout their lifecycle, providing guidance for future purchases and enhancing overall customer satisfaction.

WebEngage

Seed Round in 2016
WebEngage is a comprehensive marketing automation and customer data platform that supports consumer businesses in enhancing revenue from both existing customers and anonymous users. It achieves this through personalized user engagement across various channels, including Email, Mobile, Web Push Notifications, In-app Messages, SMS, and social media platforms like Facebook and WhatsApp. The platform enables brands to create and execute cross-channel marketing campaigns based on data-driven user insights and intelligent user profiles. With features such as a DIY journey builder, marketers and product managers can efficiently orchestrate complex lifecycle marketing campaigns, allowing for rapid execution and management at scale. Additionally, WebEngage provides extensive product and marketing analytics, facilitating effective tracking of growth metrics and campaign performance.

Exotel

Seed Round in 2012
Exotel is a customer relationship management platform that focuses on simplifying communication between businesses and their customers. Founded to address the challenges of managing calls and texts through a single number, Exotel provides a virtual business phone system that allows small businesses to handle inbound communications efficiently without the need for a traditional call center. The platform features tools such as voicemail, dialer, and SMS keyword responders, enabling users to create interactive voice and SMS flows quickly. Additionally, Exotel incorporates artificial intelligence to further enhance customer interactions and streamline operations. With a client base of over 500 small businesses, Exotel aims to improve customer experience while helping organizations reduce operational costs and optimize resource allocation.
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.