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 Video Streaming

STAGE

Seed Round in 2022
STAGE is an Indian language content platform for artist-led entertainment.

Classplus

Series C in 2021
Classplus is a mobile first SaaS platform that enables private coaching institutes to streamline their video distribution, payments, communication and online assessments through a single platform.

Chingari

Seed Round in 2020
Chingari is a short video-sharing platform designed for users in India to create and share short videos. It offers a mobile-first experience, enabling users to showcase their talent and creativity through various features such as video search, editing tools, and instant sharing options. The platform supports diverse content formats, including videos, audio clips, gif stickers, and photos, fostering a community where users can connect and engage with one another. Chingari aims to empower individuals by providing them with the tools to express themselves and share their creations across social media.

Classplus

Series A in 2020
Classplus is a mobile first SaaS platform that enables private coaching institutes to streamline their video distribution, payments, communication and online assessments through a single platform.

Unacademy

Series F in 2020
Unacademy is an online learning platform based in Bangalore, India, that focuses on helping students prepare for major competitive examinations. Originally launched in 2010 as a YouTube channel, it officially became a platform in 2015. Unacademy provides a wide range of educational content, including short video lectures on various subjects, which are accessible for free. This approach enables aspiring students to enhance their study techniques and fosters a culture of self-learning. As India's largest learning platform, Unacademy plays a significant role in the educational landscape by supporting students in their exam preparations.

Classplus

Series A in 2020
Classplus is a mobile first SaaS platform that enables private coaching institutes to streamline their video distribution, payments, communication and online assessments through a single platform.

Unacademy

Series E in 2020
Unacademy is an online learning platform based in Bangalore, India, that focuses on helping students prepare for major competitive examinations. Originally launched in 2010 as a YouTube channel, it officially became a platform in 2015. Unacademy provides a wide range of educational content, including short video lectures on various subjects, which are accessible for free. This approach enables aspiring students to enhance their study techniques and fosters a culture of self-learning. As India's largest learning platform, Unacademy plays a significant role in the educational landscape by supporting students in their exam preparations.

Classplus

Venture Round in 2020
Classplus is a mobile first SaaS platform that enables private coaching institutes to streamline their video distribution, payments, communication and online assessments through a single platform.

Classplus

Venture Round in 2019
Classplus is a mobile first SaaS platform that enables private coaching institutes to streamline their video distribution, payments, communication and online assessments through a single platform.

Invideo

Seed Round in 2019
InVideo is a video creation platform that enables users to produce professional-quality videos using a range of premium templates, images, and music. Founded in 2017 and headquartered in Mumbai, Maharashtra, India, the platform caters to publishers, media companies, and brands, enhancing audience engagement through video content. InVideo allows users to create videos from scratch, convert static content into dynamic video formats, and incorporate automated voiceovers in various languages. The platform is designed to significantly reduce the time required to create high-quality videos by over 90%, allowing creators to prioritize their message and impact. With a user base exceeding 800,000 from more than 150 countries, InVideo supports video creation in over 75 languages, making it accessible to a diverse audience.

Rheo TV

Seed Round in 2019
Rheo TV is a game-streaming platform that aims to make professional game streaming a mainstream career option in India by building an entertainment ecosystem that drives engagement and monetization. Today, India has nearly 200 million active gamers on smartphones. Ubiquitous internet infrastructure and affordable smartphones are leading to the increasing popularity of multiplayer online gaming in India, and Rheo TV is tapping into this phenomenon.

Unacademy

Series D in 2019
Unacademy is an online learning platform based in Bangalore, India, that focuses on helping students prepare for major competitive examinations. Originally launched in 2010 as a YouTube channel, it officially became a platform in 2015. Unacademy provides a wide range of educational content, including short video lectures on various subjects, which are accessible for free. This approach enables aspiring students to enhance their study techniques and fosters a culture of self-learning. As India's largest learning platform, Unacademy plays a significant role in the educational landscape by supporting students in their exam preparations.

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.

KERV Interactive

Venture Round in 2019
KERV is a digital advertising platform built on cutting-edge patented technology that identifies objects by their pixel edges in any video stream.

Unacademy

Series C in 2018
Unacademy is an online learning platform based in Bangalore, India, that focuses on helping students prepare for major competitive examinations. Originally launched in 2010 as a YouTube channel, it officially became a platform in 2015. Unacademy provides a wide range of educational content, including short video lectures on various subjects, which are accessible for free. This approach enables aspiring students to enhance their study techniques and fosters a culture of self-learning. As India's largest learning platform, Unacademy plays a significant role in the educational landscape by supporting students in their exam preparations.

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.

Unacademy

Series B in 2017
Unacademy is an online learning platform based in Bangalore, India, that focuses on helping students prepare for major competitive examinations. Originally launched in 2010 as a YouTube channel, it officially became a platform in 2015. Unacademy provides a wide range of educational content, including short video lectures on various subjects, which are accessible for free. This approach enables aspiring students to enhance their study techniques and fosters a culture of self-learning. As India's largest learning platform, Unacademy plays a significant role in the educational landscape by supporting students in their exam preparations.

Unacademy

Seed Round in 2016
Unacademy is an online learning platform based in Bangalore, India, that focuses on helping students prepare for major competitive examinations. Originally launched in 2010 as a YouTube channel, it officially became a platform in 2015. Unacademy provides a wide range of educational content, including short video lectures on various subjects, which are accessible for free. This approach enables aspiring students to enhance their study techniques and fosters a culture of self-learning. As India's largest learning platform, Unacademy plays a significant role in the educational landscape by supporting students in their exam preparations.

Newgen Internet Networks

Seed Round in 2015
Newgen Internet Networks Pvt. Ltd., based in Mumbai, India, operates a content-plus-e-commerce portal specializing in beauty products and advice. Established in 2010, the company features a platform that includes a variety of content such as reviews, expert tips, ratings, how-to videos, and product demonstrations. It is also known for Glamrs, India's first video platform aimed at women, which offers daily updates on beauty, style, fitness, and DIY topics. The platform is designed to provide users with accessible information through short videos that can be conveniently viewed on various devices, ensuring that audiences remain informed about the latest trends and tips in the beauty industry.

IndianStage

Venture Round in 2014
IndianStage reflects the magnificent Indian cultural depth in performing arts. Remember the time you sat on cool granite on a temple floor and watched the visual storytellers weave their magic? Time to return to true culture, folks! Go catch a play with the help of IndianStage.

1CLICK

Seed Round in 2014
1Click is a cloud based pluggable video infrastructure company. 1Click provides an easy to use plugin for browser and mobile platform to embed face to face conversations in your business workflows. 1Click is a video/audio collaboration platform. This platform is built using open standards to allow maximum interoperability.
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