News > Homegrown VC firm Blume Ventures closes Fund IV at $250M
Homegrown VC firm Blume Ventures closes Fund IV at $250M
08/12/2022 03:12 PM | Click to read full article
Mumbai-based early-stage venture fund Blume Ventures has announced the close of its Fund IV at over $250 million, bringing the firm’s assets under management (AUM) to over $600 million. Blume said that Fund IV will be managed by its 15+ member investment team led by Sajith Pai, Arpit Agarwal, Ashish Fafadia, Sanjay Nath and Karthik Reddy. It will invest in 30-35 companies across different technology verticals and discover and nurture another generation of industry-defining companies built in this cycle.
