March 06, 2023 05:45 PM IST

Funding for startups in small towns surges 41%, Bengaluru, Mumbai, NCR see decline: Blume report

The deal share of non-metro startups increased to 2.8 percent in 2022 from 1.6 percent in 2019, according to Blume Ventures’ Indus Valley Annual Report 2023.

Healthcare edtech startup Virohan raises $7 mn led by Blume Ventures

Virohan will use the funds to expand to more than 200 new campuses across India and is aiming to train over 7,000 students

Dialect-based OTT platform STAGE raises Rs 40 crore in funding round led by Blume Ventures

Mumbai Angels, Tarmac Ventures, Tailwind Ventures, Longtail Ventures, Lets Ventures and AngelList also participated in the funding round.

Unacademy-backer Blume Ventures marks final close of its largest-ever fund at $250 million

Through Blume Fund IV, it will invest in 30-35 companies across different technology verticals, the VC firm has said

Decarbonisation platform Accacia raises seed funding led by Accel and B Capital

Both B Capital and Accel Partners raised new funds of around $250 million and $650 million respectively earlier this year

Euler Motors raises 60 million in Series-C round led by GIC

In an exclusive interview to Moneycontrol, founder and CEO Saurav Kumar says funds generated will primarily be deployed towards setting up a plant in Faridabad, augmenting charging infrastructure and expanding supply chain

LeverageEdu launches financial services arm to disburse education loans

LeverageEdu is looking to double down on foreign remittances, a segment which it claims to be underpenetrated as its peers are vertically aligned on student lending.

Battery Smart raises USD 25 million in series A round by Tiger Global

Battery Smart has closed its series A round of USD 25 million. The funding round was led by Tiger Global, along with participation from Blume Ventures and Orios Ventures, it said in a statement.

Tiger Global leads $25 million Series A round in Battery Smart

Battery Smart's fundraise comes a month after NITI Aayog published a draft policy for battery swapping, suggesting that swapping infrastructure and EV financing would continue to get government attention

Zipy bags $2.8 million seed funding led by Blume Ventures and Together Fund

Zipy helps software teams proactively identify, prioritise and debug critical customer issues in real time

Indian startups need to IPO. Many want to. What do they need to do so successfully?

Liquidity of the investment is an important advantage of going public. But startups should only do an IPO when they are absolutely ready - ready for scrutiny and ready with a new playbook that includes hiring the right board and setting up communication channels with stakeholders.

Blume Ventures closes Fund IIA

"Blume Ventures completed the final close of its opportunity fund, titled Fund IIA, in December 2019. The final close was at USD 41 million, raised from both domestic and international investors," a statement said.

Steadview, Sequoia, others lead $50-million funding round in Unacademy

The Wedding Brigade raises $1 mn led pre-Series A led by Blume Ventures

 The company competes with a plethora of startups in the Indian wedding services sector including Wedmegood, Shaadisaga, BandBaja, Shaadimagic.com and BharatMatrimony

No plans to become a growth capital provider: Blume Ventures

In an interaction with Moneycontrol, Sanjay Nath, co-founder and managing director, Blume Ventures talked about the strategy for the next fund, Blume's new accelerator project and why the company has no plans to focus on growth stage funding

Raining dollars: Why Limited Partners are investing directly in Indian startups

Limited Partners are pension funds, insurance companies, university endowments, family foundations and even corporates with multi-billion dollar funds available for deployment.

Fund-raising by PE and VC firms declines 6% in 2016: Report

Fund raising activity in the PE and VC space witnessed a decline of 6 percent in 2016. PEs and VCs raised closed to USD 24.1 billion in 2016 as compared to USD 25.7 billion in 2015.

RailYatri.in raises funds from Nandan Nilekani and others

RailYatri.in, the train traveling consumer app start-up, has raised fresh funding with participation from all its existing investors - Nandan Nilekani, Helion Ventures, Omidyar Partners and Blume Ventures.

VC investors cautious globally; India investment recovers in Q3

In India a dearth of mega-rounds pushed funding below USD 600 million in Q2CY16, but Q3CY16 saw the total rise above USD 1 billion once more. However, this is still well below the USD 3.4 billion figure of Q3CY15.

Unacademy raises funds from Flipkart's Bansals, others

Unacademy allows educators to create courses using their app on various subjects, including exclusive content for various competitive exams. Over 100 educators have created more than 200 courses in the last eight months using Unacademy's platform.

Roundup: Greytip Software gets Rs 35 cr funding

Roundup: Greytip Software, a provider of HR and payroll solutions, on June 16 said it has raised funding of Rs 35 crore, led by New Enterprise Associates (NEA) and Blume Ventures

Zopper aims to expand to top 46 cities,USD250mn from GMV in FY17

The company has raised USD 27 million to fund its expansion from Tiger Global, Blume Ventures and Nirvana Ventures Advisors.

Startup raises USD 1 mn funding from Blume Ventures

BHIVE Workspace, a city based startup in shared office space today said it has raised about USD 1 million in funding led by Blume Ventures.

Mobile health & fitness startup raises $6 mn in Series A funding

India leading mobile health and fitness startup HealthifyMe, today, announced Series A funding of US$6 million led by IDG Ventures India, Inventus Capital and Blume Ventures.

Budget 2016: Here's a wishlist from the start-up community

CNBC-TV18 caught up with some of the most successful start-up entrepreneurs‘ and investors on the sidelines of the Surge Summit in Bangaluru to find out what they wanted from the Budget.