News for 'Blume Ventures'

Blume Ventures: Angel investing done differently

Blume Ventures: Angel investing done differently

Rediff.com14 Mar 2013

Blume Ventures sets a breakneck speed in two years of existence; time will tell if the strategy works.

Indian startups raise $1.65 bn in February

Indian startups raise $1.65 bn in February

Rediff.com4 Mar 2025

Indian startups raised a total of $1.65 billion (about Rs 14,418 crore) in funding at a median valuation of $83.2 million in February 2025, according to data from Traxcn. This brings the total funding in FY25 (April-February) to $25.4 billion, spread across 2,200 rounds, the data showed.

Govt announces new Fund of Funds scheme with Rs 10k cr corpus for startups

Govt announces new Fund of Funds scheme with Rs 10k cr corpus for startups

Rediff.com1 Feb 2025

The government on Saturday announced a host of measures such as setting up of a new Fund of Funds Scheme (FFS) with Rs 10,000 crore corpus; and extension of period of incorporation by five years with a view to promote growth of budding entrepreneurs.

New funds ride fourth wave of venture capital

New funds ride fourth wave of venture capital

Rediff.com2 Mar 2017

The past few years have seen the first cycle of mergers and acquisitions, exits, and track-records being created.

Koo is finally a true Indian company

Koo is finally a true Indian company

Rediff.com18 Mar 2021

Koo has so far raised $4.1 mn in Series A funding from existing investors Accel, Kalaari Capital, Blume Ventures and 3one4 Capital.

Nandan Nilekani invests in RailYatri

Nandan Nilekani invests in RailYatri

Rediff.com27 Apr 2016

The app uses a traveller's mobile GPS to predict a train's delay.

Bucking the trend: Indian startups regain lost funding ground, says report

Bucking the trend: Indian startups regain lost funding ground, says report

Rediff.com21 Jun 2024

Finally, some good news for the Indian startup ecosystem. After four consecutive half-year periods of declining funding since 2022, the first half (H1) of 2024 has shown an upward trend compared to the second half (H2) of 2023. According to the India Tech Semi-Annual Funding Report H1 2024 by Tracxn, Indian technology (tech) startups raised $4.1 billion in H1 2024, marking a 4 per cent increase from $3.96 billion in H2 2023.

Other investors to buy out Chinese stake in Koo, says CEO

Other investors to buy out Chinese stake in Koo, says CEO

Rediff.com16 Feb 2021

The Chinese investor in the parent firm of Koo, India's answer to Twitter, is on its way out after other investors have pledged to buy out its 9 per cent stake, Koo's co-founder and CEO Aprameya Radhakrishna said.

VC funds reduce number of deals with start-ups by a 5th in 2022: Study

VC funds reduce number of deals with start-ups by a 5th in 2022: Study

Rediff.com20 Dec 2022

At least 14 of the top 20 venture capital (VC) and private equity (PE) funds in India reduced new deals with start-ups by a fifth in 2022. The number fell from 572 in 2021 to 456 this year, according to data from Venture Intelligence. Sequoia Capital, a leader in investments, retained its top slot but its number of deals fell from 110 in 2021 to 70 this year.

COVID is a blessing for Edtech firms as they see massive jump in VC fund

COVID is a blessing for Edtech firms as they see massive jump in VC fund

Rediff.com7 Aug 2020

Venture Intelligence data shows that during January to July 2020, investors infused $998 million in 31 deals. The total number of deals reported in 2019 was 42 worth $404 million.

What Works For Startups? VC Or Bootstrap?

What Works For Startups? VC Or Bootstrap?

Rediff.com10 Nov 2023

Bootstrapping has put Nithin Kamath of Zerodha in a position where he can trifle with talk about valuation, points out Suveen Sinha.

Amid Twitter standoff, Union ministers shifting to Koo

Amid Twitter standoff, Union ministers shifting to Koo

Rediff.com11 Feb 2021

Koo, which works on similar lines as Twitter, was born with a focus on regional language, unlike Twitter and Facebook, which are very popular but primarily cater to an English-speaking audience, reports Neha Alawadhi.

Fund-raises by fintechs slowed by 47% in 2022

Fund-raises by fintechs slowed by 47% in 2022

Rediff.com20 Mar 2023

Recently, Slice, a payment app, acquired a 5 per cent stake in North East Small Finance (NESF) for $3.42 million - the first such deal by a fintech in a small finance bank. Slice (valued at $1.5 billion, and backed by Tiger Global, Blume Ventures and Axis Bank) will technically get a toehold in a scheduled commercial bank if NESF were to get a licence to morph into one down the line Such a transition is well within the banking regulator's declared framework. The transaction has to be seen in a larger context.

Not just Nikesh Arora, many execs move out from VC firms

Not just Nikesh Arora, many execs move out from VC firms

Rediff.com4 Aug 2016

People move from investment banking to growth equity or from venture capital to growth equity or entrepreneurship, depending on what's attractive at different points of life.

Soon, you will be able to be 'Vokal' in 6 regional languages

Soon, you will be able to be 'Vokal' in 6 regional languages

Rediff.com20 Aug 2018

TaxiForSure's Aprameya Radhakrishna's new venture, Vokal, is a peer-to-peer content generation platform that is a cross between Reddit and Quora.

SlicePay: The 'buy now, pay later' start-up for students

SlicePay: The 'buy now, pay later' start-up for students

Rediff.com7 Nov 2017

With more and more youngsters preferring to shop online, the credit appetite has surged.

Twitter makes first Indian acquisition with startup ZipDial

Twitter makes first Indian acquisition with startup ZipDial

Rediff.com20 Jan 2015

The Indian startup, which was already working as a partner with Twitter, offers services like missed calls for user verification and alerts to its customers.

Despite sluggish economy, start-up valuations, funding continue to soar

Despite sluggish economy, start-up valuations, funding continue to soar

Rediff.com3 Oct 2019

Even at early stage, start-ups are raising more money faster owing to the rise of a lot of specialised early-stage VCs and emergence of seed-stage programmes.

Zopper helps you buy the best product at lowest prices

Zopper helps you buy the best product at lowest prices

Rediff.com13 Oct 2014

Zopper, a price comparison site, with 2,000 online and 200,000 offline merchants on board, aims to increase user activity 100 times in 3 years.

Nowfloats: They help small businesses go online

Nowfloats: They help small businesses go online

Rediff.com16 Mar 2017

Ranju Sarkar finds out more about Nowfloats, the start-up that is used by 240,000 businesses that reach 13 million consumers.

Investments in Uber's Indian rivals uncertain after taxi app ban

Investments in Uber's Indian rivals uncertain after taxi app ban

Rediff.com12 Dec 2014

Investments are at risk if operators are unable to resolve concerns of authorities and customers after the rape accusation.

Covid spurs matured-stage start-ups to advance their IPO plans

Covid spurs matured-stage start-ups to advance their IPO plans

Rediff.com25 Sep 2020

In the past few days, many companies, including fashion e-tailer Nykaa, food delivery platform Zomato, logistics and delivery firm Delhivery, insurance discovery platform PolicyBazaar, eyewear retail chain Lenskart, and edtech and online tutoring firm Byju's, have openly spoken about their IPO plans.

Ratan Tata's start-up scorecard: 41 hits, 2 misses

Ratan Tata's start-up scorecard: 41 hits, 2 misses

Rediff.com7 Jun 2019

These start-ups include high-growth companies such as Ola, Paytm, Lenskart, UrbanClap and Urban Ladder. Nearly half of these have gone on to raise follow-on funding, a key measure of success for start-ups. A few have become unicorns, the term for start-ups valued at $1 billion or more.

Why Google chose this firm for its first Indian start-up investment

Why Google chose this firm for its first Indian start-up investment

Rediff.com13 Dec 2018

After the Google investment, the company's monthly transactions have spiralled up from 65,000 to nearly one million in just a year. According to reports, the start-up is in fresh talks to raise about $6 million from investors, including Google, says Samreen Ahmad.

Investors going beyond wallet businesses into last mile solutions

Investors going beyond wallet businesses into last mile solutions

Rediff.com21 Jun 2018

Mobile payments alone gathered close to $1.51 billion in the year 2017 through 13 rounds of funding, according to data compiled by Tracxn

Ban on taxi aggregators: Rs 2,000-crore PE money at stake

Ban on taxi aggregators: Rs 2,000-crore PE money at stake

Rediff.com10 Dec 2014

The ban on taxi aggregators can put at risk investments of at least Rs 2,000 crore (Rs 20 billion), made by private equity (PE) and venture capital (VC) investors.

Why VC firms are closing deals faster in start-ups

Why VC firms are closing deals faster in start-ups

Rediff.com5 Feb 2015

In India, where it is tougher to do business, a start-up gets established by the Series-B stage, and it gets expensive for investors.

India's unicorn club is galloping along

India's unicorn club is galloping along

Rediff.com23 Apr 2019

Over the last 12 months, thanks to bold bets by venture capital firms like Sequoia, SoftBank Vision Fund, and foreign strategic investors like Naspers, pipeline of start-ups with potential to achieve $1 bn in valuation is at an all-time high.

Three life lessons I learned from my travels

Three life lessons I learned from my travels

Rediff.com23 Jan 2015

Travel is all about venturing into unchartered territory, and experiencing new cultures and people. Starting up is very similar.

Bengaluru loves Bitcoin!

Bengaluru loves Bitcoin!

Rediff.com20 Jul 2017

In the Silicon Valley of India, one can use the cryptocurrency to pay for food, buy bus tickets, order stuff online, and even get a haircut.

Investors home in on mobile payment firms

Investors home in on mobile payment firms

Rediff.com13 Mar 2014

According to data from Venture Intelligence, PEs invested in two mobile payment solutions firms each in 2009, 2010 and 2011. This grew to four deals in 2012 and five deals in 2013.

Indian start-ups get back to basics

Indian start-ups get back to basics

Rediff.com7 Mar 2016

Start-ups have begun looking at ways to conserve cash.

Droom: Now, rent a chopper online!

Droom: Now, rent a chopper online!

Rediff.com11 Jul 2016

Droom has seen aircraft such as the Falcon, Hawk and Cessna being rented.

When a workplace finds you. And offers you a job

When a workplace finds you. And offers you a job

Rediff.com24 Mar 2017

Start-up Belong.co uses an unconventional way of hiring that trusts more on data available on social media or tweets than the resume.

The great Indian railways and a little app

The great Indian railways and a little app

Rediff.com25 Jan 2017

RailYatri offers a host of travel-related services to a 4.5 million user base. Shine Jacob finds out what's next for the app.

HealthifyMe: A start-up that helps people live healthy

HealthifyMe: A start-up that helps people live healthy

Rediff.com4 Jul 2016

HealthifyMe is an app that connects users to fitness trainers virtually, motivate them on goals.

Troubled times ahead for India's e-commerce start-ups

Troubled times ahead for India's e-commerce start-ups

Rediff.com10 Mar 2016

Morgan Stanley writing down its investment in the e-commerce leader by 27 per cent does not augur well for the sector.

Now, get a genie to work for you!

Now, get a genie to work for you!

Rediff.com14 Sep 2015

Users send a message on the app and a virtual assistant responds.