Blume Ventures

Blume Ventures is a Mumbai-based venture capital firm that invests in seed- and early-stage technology ventures in India. It acts as an initial institutional investor in its portfolio and typically supports companies through follow-on rounds over the long term. The firm emphasizes a collaborative approach, co-investing with angels and seed funds, and often provides capital to help companies scale from seed to pre-Series A. Its focus spans software, healthcare, financial services, manufacturing, business software, and consumer internet, with a preference for minority stakes and relatively small seed investments. Blume backs portfolio companies across India, aiming to help them grow in their early stages and expand regionally or nationally.

Arpit Agarwal

Partner

Apurva Dixit

Associate Vice President

Vikram Gawande

Vice President, Growth

Jatin Madhra

Associate

Marmik Mankodi

Assistant Vice President - Investments

Past deals in Consumer Electronics

Billion Hearts

Seed Round in 2024
Billion Hearts is a company that creates simple digital consumer products for the global market.

Vecmocon Technologies

Series A in 2024
Vecmocon Technologies specializes in developing intelligent components for electric vehicles (EVs), focusing on clean mobility. The company designs and engineers key EV systems such as battery management, motor control, vehicle intelligence modules, and chargers, ensuring its products meet industry standards and comply with government regulations.

Wify

Seed Round in 2024
Wify is a technology platform that enables brands to manage the post-purchase consumer experience for home improvement and furnishing products. It supports final assembly and installation by skilled professionals, real-time order and service tracking, warranty management, and after-sales support across the product lifecycle, helping brands deliver end-to-end post-sales service.

Vecmocon Technologies

Seed Round in 2022
Vecmocon Technologies specializes in developing intelligent components for electric vehicles (EVs), focusing on clean mobility. The company designs and engineers key EV systems such as battery management, motor control, vehicle intelligence modules, and chargers, ensuring its products meet industry standards and comply with government regulations.

Servify

Series D in 2022
Servify is a mobile app that serves as a personal assistant for electronic gadgets and appliances. It securely stores users' bills and warranties, and connects them with brand-authorized service providers for reliable repairs.

Cashify

Series E in 2022
Cashify is an Indian online marketplace specializing in reselling used electronic gadgets. Headquartered in Gurgaon, Haryana, it facilitates users selling their old devices through its platform, offering instant cash payments and free home pick-up services. The company's platform evaluates the worth of a user's gadget based on factors like model number, condition, and defects, providing a convenient and stress-free selling experience.

Wify

Seed Round in 2022
Wify is a technology platform that enables brands to manage the post-purchase consumer experience for home improvement and furnishing products. It supports final assembly and installation by skilled professionals, real-time order and service tracking, warranty management, and after-sales support across the product lifecycle, helping brands deliver end-to-end post-sales service.

Cashify

Series E in 2022
Cashify is an Indian online marketplace specializing in reselling used electronic gadgets. Headquartered in Gurgaon, Haryana, it facilitates users selling their old devices through its platform, offering instant cash payments and free home pick-up services. The company's platform evaluates the worth of a user's gadget based on factors like model number, condition, and defects, providing a convenient and stress-free selling experience.

Servify

Series C in 2020
Servify is a mobile app that serves as a personal assistant for electronic gadgets and appliances. It securely stores users' bills and warranties, and connects them with brand-authorized service providers for reliable repairs.

Servify

Series C in 2020
Servify is a mobile app that serves as a personal assistant for electronic gadgets and appliances. It securely stores users' bills and warranties, and connects them with brand-authorized service providers for reliable repairs.

Servify

Series B in 2018
Servify is a mobile app that serves as a personal assistant for electronic gadgets and appliances. It securely stores users' bills and warranties, and connects them with brand-authorized service providers for reliable repairs.

Cashify

Series A in 2017
Cashify is an Indian online marketplace specializing in reselling used electronic gadgets. Headquartered in Gurgaon, Haryana, it facilitates users selling their old devices through its platform, offering instant cash payments and free home pick-up services. The company's platform evaluates the worth of a user's gadget based on factors like model number, condition, and defects, providing a convenient and stress-free selling experience.

IService

Seed Round in 2017
iService is a company specializing in the repair of smartphones, laptops, and tablets, catering to both individual and business clients. It operates through four physical service centers and offers convenient at-home repair services. Customers can schedule appointments online, allowing them to track their devices throughout the repair process. This streamlined approach helps ensure a hassle-free experience for users seeking to repair their pre-owned electronic products. By combining online scheduling with in-person support, iService aims to provide efficient and accessible solutions for gadget repairs.

iService

Seed Round in 2017
iService, an electronic device repairing startup.The rates for service repair are between what is offered at authorized repair outlets of gadget companies and at local gadget repair shops.

Servify

Seed Round in 2016
Servify is a mobile app that serves as a personal assistant for electronic gadgets and appliances. It securely stores users' bills and warranties, and connects them with brand-authorized service providers for reliable repairs.

Servify

Seed Round in 2016
Servify is a mobile app that serves as a personal assistant for electronic gadgets and appliances. It securely stores users' bills and warranties, and connects them with brand-authorized service providers for reliable repairs.

Cashify

Seed Round in 2015
Cashify is an Indian online marketplace specializing in reselling used electronic gadgets. Headquartered in Gurgaon, Haryana, it facilitates users selling their old devices through its platform, offering instant cash payments and free home pick-up services. The company's platform evaluates the worth of a user's gadget based on factors like model number, condition, and defects, providing a convenient and stress-free selling experience.
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