Blume Ventures is VC fund-raiser of the year: VCCircle Awards

Blume VenturesMumbai-based tech-focussed early-stage investment firm Blume Ventures, which closed its second fund of $60 million last year, has won the News Corp VCCircle VC fund-raiser of the year award in recognition of its prolific fund-raise from a largely domestic limited partner (LP) base. The Karthik Reddy and Sanjay Nath-led investment firm beat Accel Partners India, […]

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Blume Ventures goes global, ties up with US-based Draper Venture Network

Tim-Draper6Early-stage venture fund Blume Ventures has entered into a strategic partnership with Draper Venture Network (DVN), an alliance of independent venture capital firms that connects leading entrepreneurs and investors around the world. DVN was formed in 1990 by Tim Draper, a leading venture capitalist in the US, who invested in companies such as Skype and […]

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Flashback 2016: Bangalore tops VC funding, Delhi-NCR catches angels’ fancy

For-Year-2016-Story_ThinkstockPhotos-509919198_feKarnataka, home to the country’s startup capital, Bangalore, cemented its position as the region attracting the highest amount of venture capital and overall startup funding in 2016. The southern state recorded $341 million in total announced value of startup investments across 201 deals this year, according to VCCEdge, the data research arm of News Corp […]

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CitiusTech, IIT Bombay launch healthcare innovation fund

For-CitiusTech-Story_progress-1807543_1920Healthcare technology firm CitiusTech has joined hands with IIT Bombay’s Society for Innovation and Entrepreneurship (SINE) to launch a healthcare innovation fund, it said in a statement. The fund will invest in early-stage healthcare startups. CitiusTech, which provides healthcare technology services and solutions, has been collaborating with SINE for the past two years, seeding investments […]

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Payments are the next big opportunity in India, says Sequoia’s Mohit Bhatnagar

Mohit BhatnagarMohit Bhatnagar has come to be known as the investor with a Midas touch in the Indian venture capital space. Three companies which had the managing director of Sequoia Capital on their board – Citrus Payments, Prizm Payments and Ujjivan (from which Sequoia made a part-exit) – gave the firm extremely attractive returns of over […]

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BrightFarms raises $30.1 million to set up futuristic greenhouses across the U.S.

 Agriculture tech startup BrightFarms has raised $30.1 million in Series C funding to bring its high-tech greenhouses, and fresh produce,

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Gametime raises $20 million to sell last-minute, textable tickets to sporting events and concerts

 Gametime has raised $20 million in venture funding for an app that allows people to find and buy tickets to

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