Blume Ventures Fund V

India

Seed

About Blume Ventures Fund V

Blume Ventures Fund V is a venture capital firm based in India, focusing on Seed stage investments. The fund actively supports founders building innovative solutions in Digital Health, Fintech, Consumer Commerce, Deep Tech, AI/ML, SaaS, Marketplaces, providing strategic guidance and capital to help startups scale.

Investment Focus

Location / RegionIndia

Funding StageSeed

Industry Focus

Ai Ml

Consumer Commerce

Deep Tech

Digital Health

Fintech

Marketplaces

Saas

Investor Signals Profile

active

Sweet Spot

India AI founder solving B2B/deep sectoral pain early

India early-stage

AI/deep tech

healthtech & fintech

climate & consumer

seed to Series A

defence tech

gaming

B2B AI agents

multi-agent systems

Bullish Signals

$175M initial close, Fund Vexternal

$800M+ AUM across all vehiclesexternal

40–50 new cos planned, Fund Vexternal

Institutional LPs dominate cap tableexternal

Portfolio: Unacademy, Slice, GreyOrangeexternal

Fund IV active: defence deep-tech bettwitter @BlumeVentures

LightFury Games $11M — gaming pushtwitter @BlumeVentures

4 DRHP filings March — exits pipeline buildingtwitter @BlumeVentures

Post-IPO research team in placetwitter @BlumeVentures

Turtlemint IPO celebrated — 11yr hold validatedtwitter @BlumeVentures

Procol in Gartner Hype Cycle 2026 — portfolio validationtwitter @BlumeVentures

Japan market access roundtables — global scaling pushtwitter @BlumeVentures

Decagon AI $4.5B valuation in 3yrs — AI scaling case studytwitter @BlumeVentures

Valley Dispatch AI series launched — thought leadershiptwitter @BlumeVentures

Turtlemint Q4 PAT positive, EBITDA breakeven — portfolio exit healthtwitter @BlumeVentures

Contrarian Signals

Final close target not yet reachedexternal

No standalone AI fund — horizontal onlyexternal

Deep tech = longer maturity timelinesexternal

Gaming bet — crowded, celeb-heavy roundtwitter @BlumeVentures

Founder Do's

Build in healthtech, fintech, climate, deep tech

Leverage AI as core product layer

Show early traction for follow-on

Founders outside Bengaluru/Mumbai welcome

Solve large-scale India problems

Defence/electro-optic deep tech welcomed

Gaming with strategic investor angle works

B2B procurement/multi-agent systems emerging focus

Hit $1M ARR with minimal team, pain-based PMF

Customer discovery > roadmap, early stage

Founder Don'ts

Don't pitch pure consumer internet plays

Don't expect check without AI/tech angle

Don't pitch late-stage only

Key GPs & Partners

Karthik B

Partner

M&A analystexits focusedPMF educator

Vikram Gawande

Growth Investments

data-drivenpublic marketspost-IPO research

Dhagash Shah

Growth Investments

data-drivenpublic marketsresearch

Sameera Pant

Investor / Content

founder playbookAI scalingcustomer discovery

Unlock Investor Signals

$29/month for full signal access. Cancel anytime.

View Plans Browse all Signal Profiles →

Fund Overview

Fund Size$175M

Saves1

Website

Key People

Karthik BPartner

Vikram GawandeGrowth Investments

Dhagash ShahGrowth Investments

Sameera PantInvestor / Content

Related Funds

Peak XV Partners Growth Fund

$1.3B

India

Growth

Ai Ml, Fintech, Enterprise Software, Consumer Commerce

Fund Manager:Shailendra J. Singh, Mohit Bhatnagar, GV Ravishankar

Growth

Ai Ml

Fintech

Enterprise Software

Consumer Commerce

Inflexor Ventures Fund III

₹400B

India

Seed

Enterprise Software, Deep Tech, Semiconductors, Manufacturing, Ai Ml

Fund Manager:Venkat Vallabhaneni, Jatin Desai, Pratip Mazumdar

Seed

Enterprise Software

Deep Tech

Semiconductors

Manufacturing

Ai Ml

Chiratae Ventures V

$150M

India

Series A

Ai Ml, Deep Tech, Climate Sustainability, Saas, Consumer Commerce

Fund Manager:Sudhir Sethi, T.C. Meenakshisundaram, Ranjith Menon, Karthik Prabhakar

Series A

Ai Ml

Deep Tech

Climate Sustainability

Saas

Consumer Commerce