Blume Ventures

Blume Ventures announces first close of new opportunity cum continuity fund at $25M

Indian venture capital firm Blume Ventures has on Wednesday announced the first close of its new opportunity cum continuity fund, Fund 1Y. This is the firm’s third growth fund, and it has already raised INR 200Cr ($25 million) of the INR 400Cr ($50 million) target with visibility for the remaining corpus.