#blume ventures

[witekspicsnature]

A yellow rose.

[kamalkafir-blog]

U.S. and Indian VCs just formed a $1B+ alliance to fund India's deep tech startups

NEWS-FINANCE -QUOTE-EDUCATIONAL AND MOTIVATIONAL Eight U.S. and Indian venture capital and private equity firms — including storied investors Accel, Blume Ventures, Celesta Capital, and Premji Invest — have formed an unusual coalition to back India’s deep tech startups, pledging more than $1 billion over the next decade to strengthen U.S.-India tech ties. The alliance addresses longstanding…

[pavel-nosok]

Indian fintech unicorn Slice secures rare approval to merge with bank

Indian unicorn fintech Slice is merging with North East Small Finance Bank, they said Wednesday after receiving the approval from the central bank, in an extremely rare feat that has eluded many tech giants, top financial startups and tycoons for decades. Slice – which earlier offered credit card like cards and at peak issued over […]

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[pavel-nosok]

India’s Blume Ventures more than doubles in size, raises over $250 million for new fund

India’s Blume Ventures more than doubles in size, raises over $250 million for new fund

Indian venture firm Blume has raised over $250 million for a new fund, its fourth and largest, as it looks to get more aggressive in courting early-stage startups and going deeper into supporting its portfolio firms at a time when the deal flow activity in the South Asian market has taken a hit from the broader global reversal in the public markets. The 12-year-old firm, which employs about three…

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[reportwire]

SNBL or BNPL? That is the question! 

For long, Buy Now Pay Later or BNPL has been a popular model for making purchases with consumers using the easily available option to buy stuff ranging from appliances to gadgets to practically everything.  But now a disruption seems to be happening in the segment and a bunch of start-ups – the most common category of disruptors – are taking the BNPL model head-on by offering a Save Now Buy Later…

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[pavel-nosok]

Tiger Global, Blume back Indian startup bringing safety — and intelligence — to EVs

Tiger Global, Blume back Indian startup bringing safety — and intelligence — to EVs

Tiger Global’s latest investment in India is Vecmocon, a startup building solutions to bring safety and reliability alongside intelligence and health monitoring to light electric vehicles (EVs), addressing concerns that are curtailing the sales of electric scooters in the South Asian market. Unlike traditional internal combustion engine (ICE) vehicles that have existed for more than 100 years,…

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[pavel-nosok]

GIC backs Indian EV startup Euler Motors in $60 million funding

GIC backs Indian EV startup Euler Motors in $60 million funding

Euler Motors, an Indian startup that designs and builds commercial electric vehicles, has raised $60 million in a new funding round as it works to ramp up its production capacity and broaden its offerings. Singapore’s sovereign fund GIC led the New Delhi-headquartered startup’s Series C funding. Blume Ventures, Athera Venture Partners, QRG, ADB Ventures and Moglix also participated in the…

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