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 Video on Demand

STAGE

Series B in 2025
STAGE is an Indian language content platform focused on artist-led regional language entertainment, offering a library of short-form dialect-based video content such as poetry, comedy, and storytelling, with smart-tech recommendations, personalization, and curated playlists to help audiences access culturally relevant entertainment in their preferred language.

Vama

Seed Round in 2023
Vama is a virtual platform that connects users with a range of spiritual services, including e-pujas, e-darshans, and astrology. Catering to devotees both in India and globally, Vama facilitates access to professional astrologers through various communication methods such as calls, messages, and video calls. The platform also provides horoscope predictions, informative videos, blogs, and practical tips, enabling users to seek guidance on various aspects of life, including career, marriage, health, finances, and relationships. By combining these services, Vama aims to create a comprehensive and accessible resource for individuals seeking spiritual insights and support.

STAGE

Venture Round in 2023
STAGE is an Indian language content platform focused on artist-led regional language entertainment, offering a library of short-form dialect-based video content such as poetry, comedy, and storytelling, with smart-tech recommendations, personalization, and curated playlists to help audiences access culturally relevant entertainment in their preferred language.

STAGE

Seed Round in 2022
STAGE is an Indian language content platform focused on artist-led regional language entertainment, offering a library of short-form dialect-based video content such as poetry, comedy, and storytelling, with smart-tech recommendations, personalization, and curated playlists to help audiences access culturally relevant entertainment in their preferred language.

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.
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