Page 2 - Blume Ventures
Blume Ventures raises $102 mn in Fund III to back early-stage start-ups
Blume started in 2011 raising an entirely domestic Rs 100 crore fund from HNIs (high net-worth individuals) and subsequently raised a $60 million fund (Rs 400 crore) in 2016
 "Blume Ventures raises $102 mn in Fund III to back early-stage start-ups")
Leverage Edu raises $1.5 million from DSG Consumer, Blume Ventures
The consulting and career start-up helps students get admission into foreign universities
 "Leverage Edu raises $1.5 million from DSG Consumer, Blume Ventures")
Procol raises $1 mn seed funding from Blume Ventures, Zerodha's Rainmatter
The start-up, which helps food retailers procure inventory online, has clients such as Bikanervala, Big Bazaar and Haldiram's
 "Procol raises $1 mn seed funding from Blume Ventures, Zerodha's Rainmatter")
Early-stage VC Blume Ventures elevates CFO Ashish Fafadia to partner
Blume Ventures, an early-stage venture capital (VC) entity, has elevated Ashish Fafadia, a longtime leadership team member, to the position of partner.Blume invests in start-ups from seed fund to Series-A stages. It is currently in the midst of raising an $80-million (Rs 5.9 billion) third fund. Last month, Blume had also inducted Sajith Pai as director of research and analysis in Delhi. Further, it will establish a full-time office and team in Bengaluru, by early 2019 -- a sizable portion of its current portfolio is based there. Fafadia was formally chief financial officer and also had a key role on growth investments. In his new role, he will oversee the overall finance function, including risk management, support fund raising and help the investment team on the portfolio that graduates to growth stage, as well as all companies that are headed to exits for Blume.A key member of Blume since 2012, he had led structuring of early-to-growth stage investments, alongside Karthik Reddy. ...
 "Early-stage VC Blume Ventures elevates CFO Ashish Fafadia to partner")
