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Overview

Blume Ventures is an India-focused venture capital firm founded in 2010 by Karthik Reddy and Sanjay Nath. It backs technology-led startups from India, including companies building for both domestic and global markets. Its core investment strategy spans Seed to Series A, while separate growth and continuity vehicles support selected portfolio companies in later rounds. Blume's current Fund V continues its early-stage Indian and cross-border strategy, with investments across areas including artificial intelligence, SaaS, healthcare, consumer businesses, fintech and deep tech. The firm invests across both B2B and B2C models and describes its approach as backing founders early and remaining long-term partners.

Investment focus

Sectors
Artificial Intelligence, SaaS, FinTech, Healthcare, Commerce & Consumer Brands, DeepTech, ClimateTech, Education, Media & Gaming, B2B Manufacturing
Stages
Seed, Pre-Series A, Series A, Growth
Regions
India, Cross-border (India-linked)

How they work with companies

Blume supports portfolio companies beyond capital through its platform team and specialist partners. Its support includes access to growth capital and fundraising assistance, hiring and recruitment, sales and business development, strategic partnerships and founder community resources. Portfolio companies can also access Constellation Blu for financial, legal and compliance support and MetaMorph for recruitment. Blume also uses growth and continuity vehicles to continue backing selected breakout companies.Read more

Blume supports portfolio companies beyond capital through its platform team and specialist partners. Its support includes access to growth capital and fundraising assistance, hiring and recruitment, sales and business development, strategic partnerships and founder community resources. Portfolio companies can also access Constellation Blu for financial, legal and compliance support and MetaMorph for recruitment. Blume also uses growth and continuity vehicles to continue backing selected breakout companies.

Key people

5 people
Karthik ReddyCo-founder & Managing PartnerView bio

Karthik Reddy co-founded Blume Ventures and leads the firm as Managing Partner. He has led investments across consumer technology, fintech, SaaS and deep-tech companies and has served in leadership roles with the Indian Venture and Alternative Capital Association. His earlier career included roles at American Express Bank, Instinet and the Times Group.

Profile
Sanjay NathCo-founder & PartnerView bio

Sanjay Nath is a co-founder and Partner at Blume Ventures. He focuses on cross-border AI and SaaS investments and oversees Blume's go-to-market platform initiatives. Before Blume, he worked with Sun Microsystems, PwC, IBM Global Services, Loxodrome and Mumbai Angels, giving him operating and investing experience across India and the United States.

Profile
Ashish FafadiaPartnerView bio

Ashish Fafadia is a Partner at Blume Ventures and leads its fintech and growth portfolios. He also works on fundraising for Blume's core, opportunity and continuity funds and has played a significant role in developing the firm's platform capabilities. He joined Blume in 2012 and previously worked with Times Group, Standard Chartered Bank and State Bank of India.

Profile
Sajith PaiPartnerView bio

Sajith Pai is a Partner on Blume Ventures' investment team. He works with founders across multiple sectors and describes his role as including product-market-fit coaching and strategic support. Before joining venture capital, he worked at the Times of India Group across business development, corporate development and strategy, including roles connected with Times Music, Times Now and Bennett University.

Profile
View all 5 people
Arpit AgarwalPartnerView bio

Arpit Agarwal is a Partner on Blume Ventures' investment team, with investing activity spanning deep tech, healthcare, mobility and climate technology. He co-founded Headstart Network and co-created India DeepTech. Earlier in his career, he founded Acadmic Ventures, worked on high-performance computing at Tata CRL and developed video codecs at Ittiam Systems.

Profile

Companies curated by Ovii

A selection of companies associated with Blume Ventures that Ovii curates for job seekers.

9 companies