Blume Ventures

Blume Venture Advisors Pvt. Ltd. is a Mumbai-based venture capital firm established in 2010, specializing in early-stage investments in technology-focused startups across various sectors. The firm primarily targets seed to pre-Series A funding rounds, investing between $0.05 million and $0.3 million, with the capacity to double this amount through co-investments. Blume Ventures focuses on a diverse range of sectors including fintech, biotechnology, consumer internet, e-commerce, and deep tech, among others. It aims to be the first institutional investor in its portfolio companies and typically maintains a minority stake. The firm emphasizes a collaborative investment approach, often co-investing with angel investors and other venture capital firms, while also providing ongoing support and mentorship to its startups. Follow-on investments range from $0.5 million to $1.5 million, reflecting the firm's commitment to nurturing its portfolio over an investment horizon of 8 to 10 years.

Arpit Agarwal

Partner, Investment and Director

Akhilesh Agarwal

Associate Vice President

Apurva Dixit

Associate Vice President

Ashish Fafadia

Partner

Vikram Gawande

Vice President

Marmik Mankodi

Associate Vice President

Venkatesh Modi

Associate

Mudit Narain

Vice President

Sanjay Nath

Co-Founder and Managing Partner

Sajith Pai

Director

Karthik Reddy

Co-Founder and Partner

Joseph Sebastian

Associate Vice President

Past deals in E-learning

Peakperformer

Seed Round in 2022
Operator of a digital coaching platform intended to transform employees into global leaders in an effective, scalable, and measurable way. The company's platform provides remote one-on-one coaching and mentoring with experienced performance coaches to overcome your leadership challenges, enabling clients to develop actionable plans to achieve stretch goals.

Alippo

Seed Round in 2021
Developer of an e-learning platform designed to offer instructor-led live courses for women. The company's technology offers virtual live classes on baking, calligraphy, Zumba, event management, and makeup artistry at affordable prices, enabling women to pursue their dreams of becoming home based-entrepreneurs.

Classplus

Series C in 2021
Classplus is a mobile first SaaS platform that enables private coaching institutes to streamline their video distribution, payments, communication and online assessments through a single platform.

Leverage Edu

Series A in 2021
Leverage Edu is an AI-enabled marketplace designed to help students with their higher education and career growth plans. It is one of India's leading/fastest growing ed-tech companies, transforming access to an exponential career growth, by democratising mentorship, breaking traditional systems, & helping the new student of today jump over the artificial high walls!

Vokal

Series A in 2021
https://www.vokal.in - Share Knowledge with Indians through Questions & Answers and Opinions about various topics - using voice - and in Indian languages. Visit https://www.vokal.in or get the Vokal App. Learn from others. Vokal bridges the knowledge gap for Indians that don't speak English (~90% of India). India is a diverse country with 100+ languages and 22 official languages. With the internet largely in English, content availability is a big gap. Vokal solves that by enabling peer to peer knowledge sharing using multiple formats like Questions & Answers, Opinions, Chatting with Experts, Live sessions etc.

Uolo

Seed Round in 2020
Uolo Technology Private Limited, founded in 2013 and based in Bengaluru, India, develops a communication platform that connects schools and parents to enhance educational engagement. The platform allows teachers to share important information such as homework, attendance reports, and assessments through messages, photos, and videos. Additionally, it facilitates live online classes, enabling teachers to provide recorded sessions and share educational videos. Uolo's offerings also include applications focusing on various subjects and skills, such as English language proficiency, math, and moral science. Through its innovative approach, Uolo aims to strengthen the relationship between parents and schools, fostering a collaborative environment for tracking student progress.

Classplus

Series A in 2020
Classplus is a mobile first SaaS platform that enables private coaching institutes to streamline their video distribution, payments, communication and online assessments through a single platform.

Unacademy

Series F in 2020
Unacademy is an online learning platform based in Bangalore, India, that focuses on helping students prepare for major competitive examinations. Originally launched in 2010 as a YouTube channel, it officially became a platform in 2015. Unacademy provides a wide range of educational content, including short video lectures on various subjects, which are accessible for free. This approach enables aspiring students to enhance their study techniques and fosters a culture of self-learning. As India's largest learning platform, Unacademy plays a significant role in the educational landscape by supporting students in their exam preparations.

Classplus

Series A in 2020
Classplus is a mobile first SaaS platform that enables private coaching institutes to streamline their video distribution, payments, communication and online assessments through a single platform.

Unacademy

Series E in 2020
Unacademy is an online learning platform based in Bangalore, India, that focuses on helping students prepare for major competitive examinations. Originally launched in 2010 as a YouTube channel, it officially became a platform in 2015. Unacademy provides a wide range of educational content, including short video lectures on various subjects, which are accessible for free. This approach enables aspiring students to enhance their study techniques and fosters a culture of self-learning. As India's largest learning platform, Unacademy plays a significant role in the educational landscape by supporting students in their exam preparations.

Classplus

Venture Round in 2020
Classplus is a mobile first SaaS platform that enables private coaching institutes to streamline their video distribution, payments, communication and online assessments through a single platform.

Leverage Edu

Venture Round in 2019
Leverage Edu is an AI-enabled marketplace designed to help students with their higher education and career growth plans. It is one of India's leading/fastest growing ed-tech companies, transforming access to an exponential career growth, by democratising mentorship, breaking traditional systems, & helping the new student of today jump over the artificial high walls!

Classplus

Venture Round in 2019
Classplus is a mobile first SaaS platform that enables private coaching institutes to streamline their video distribution, payments, communication and online assessments through a single platform.

Unacademy

Series D in 2019
Unacademy is an online learning platform based in Bangalore, India, that focuses on helping students prepare for major competitive examinations. Originally launched in 2010 as a YouTube channel, it officially became a platform in 2015. Unacademy provides a wide range of educational content, including short video lectures on various subjects, which are accessible for free. This approach enables aspiring students to enhance their study techniques and fosters a culture of self-learning. As India's largest learning platform, Unacademy plays a significant role in the educational landscape by supporting students in their exam preparations.

Skillenza

Seed Round in 2019
Skillenza is the optimum gap filler between required market-ready skills and the current college student skillset. We directly address the growing concerns of students & job seekers while connecting the right person with the right opportunity.

Leverage Edu

Series A in 2019
Leverage Edu is an AI-enabled marketplace designed to help students with their higher education and career growth plans. It is one of India's leading/fastest growing ed-tech companies, transforming access to an exponential career growth, by democratising mentorship, breaking traditional systems, & helping the new student of today jump over the artificial high walls!

Vokal

Series A in 2018
https://www.vokal.in - Share Knowledge with Indians through Questions & Answers and Opinions about various topics - using voice - and in Indian languages. Visit https://www.vokal.in or get the Vokal App. Learn from others. Vokal bridges the knowledge gap for Indians that don't speak English (~90% of India). India is a diverse country with 100+ languages and 22 official languages. With the internet largely in English, content availability is a big gap. Vokal solves that by enabling peer to peer knowledge sharing using multiple formats like Questions & Answers, Opinions, Chatting with Experts, Live sessions etc.

Vokal

Series A in 2018
https://www.vokal.in - Share Knowledge with Indians through Questions & Answers and Opinions about various topics - using voice - and in Indian languages. Visit https://www.vokal.in or get the Vokal App. Learn from others. Vokal bridges the knowledge gap for Indians that don't speak English (~90% of India). India is a diverse country with 100+ languages and 22 official languages. With the internet largely in English, content availability is a big gap. Vokal solves that by enabling peer to peer knowledge sharing using multiple formats like Questions & Answers, Opinions, Chatting with Experts, Live sessions etc.

Unacademy

Series C in 2018
Unacademy is an online learning platform based in Bangalore, India, that focuses on helping students prepare for major competitive examinations. Originally launched in 2010 as a YouTube channel, it officially became a platform in 2015. Unacademy provides a wide range of educational content, including short video lectures on various subjects, which are accessible for free. This approach enables aspiring students to enhance their study techniques and fosters a culture of self-learning. As India's largest learning platform, Unacademy plays a significant role in the educational landscape by supporting students in their exam preparations.

Skillenza

Seed Round in 2017
Skillenza is the optimum gap filler between required market-ready skills and the current college student skillset. We directly address the growing concerns of students & job seekers while connecting the right person with the right opportunity.

Unacademy

Series B in 2017
Unacademy is an online learning platform based in Bangalore, India, that focuses on helping students prepare for major competitive examinations. Originally launched in 2010 as a YouTube channel, it officially became a platform in 2015. Unacademy provides a wide range of educational content, including short video lectures on various subjects, which are accessible for free. This approach enables aspiring students to enhance their study techniques and fosters a culture of self-learning. As India's largest learning platform, Unacademy plays a significant role in the educational landscape by supporting students in their exam preparations.

Unacademy

Seed Round in 2016
Unacademy is an online learning platform based in Bangalore, India, that focuses on helping students prepare for major competitive examinations. Originally launched in 2010 as a YouTube channel, it officially became a platform in 2015. Unacademy provides a wide range of educational content, including short video lectures on various subjects, which are accessible for free. This approach enables aspiring students to enhance their study techniques and fosters a culture of self-learning. As India's largest learning platform, Unacademy plays a significant role in the educational landscape by supporting students in their exam preparations.

Oheyo

Seed Round in 2016
We are the pioneers of massive online education communities in the MBA education space. We've expanded to Banking, SSC CGL, Engineering, UPSC and are looking to add newer verticals every month. We are constantly improving our product line-up to help students make better choices for their education needs. Our goal is to ensure people learn more, and learn better. We started rapidly expanding in 2014 and have been expanding to newer verticals and are also building innovative products in the learning space.

Flipclass

Seed Round in 2016
FlipClass is a prominent marketplace for home and online tutoring in India, having delivered over 200,000 tutoring hours through its platform. With a network of over 8,000 qualified tutors, FlipClass ensures that all educators are thoroughly screened for their expertise and teaching skills. The company aims to serve the educational needs of 250 million K-12 students across the country, utilizing various channels including home, online, and mobile platforms. Its advanced learning and assessment platform, flipLearn, benchmarks the educational experience, while the mobile problem-solving application, flipTutor, boasts over 40,000 installations and receives more than 2,000 questions daily. FlipClass effectively connects students and parents with private tutors, facilitating an engaging learning process and allowing for progress tracking and assessment of tutoring outcomes.

Vokal

Seed Round in 2016
https://www.vokal.in - Share Knowledge with Indians through Questions & Answers and Opinions about various topics - using voice - and in Indian languages. Visit https://www.vokal.in or get the Vokal App. Learn from others. Vokal bridges the knowledge gap for Indians that don't speak English (~90% of India). India is a diverse country with 100+ languages and 22 official languages. With the internet largely in English, content availability is a big gap. Vokal solves that by enabling peer to peer knowledge sharing using multiple formats like Questions & Answers, Opinions, Chatting with Experts, Live sessions etc.

MockBank

Seed Round in 2015
MockBank, established in 2013, is an online education platform that focuses on providing mock test preparation for various government service examinations in India. With a user base exceeding 100,000 and a continuous influx of new users, MockBank aims to help students pursue careers in public sector roles, including PSU banking, insurance, and regulatory agencies. The platform offers preparation resources for a wide range of exams conducted by entities such as the SSC, UPSC, RBI, and various state governments. MockBank is supported by a team of experienced professionals and advisors, including senior bankers and faculty from prestigious institutions. The company is committed to expanding its offerings by regularly introducing support for new examinations, making it a valuable resource for aspirants seeking to enter government services.

Skoolshop

Seed Round in 2013
SkoolShop.com is a portal that brings together products related to School and Education operating on both, B2B and B2C models.SkoolShop.com is a Mumbai based company founded by two HBS alumni, Satya Raghavan and Anusha Mahalingam. Satya was head of marketing at Star TV before he went to Harvard Business School where he also met Anusha and SkoolShop.com took birth. Anusha was a management consultant working with the McKinsey before going to HBS.

Mercer | Mettl

Pre Seed Round in 2011
Mettl is a powerful online assessment platform that enables hiring managers in companies to measure and track skills of pre-hires and employees. With Mettl, you can measure, analyze and improve people skills. It is ideal for companies who want to run multi-competency assessments for their prospective hires or existing employees. We focus deeply on the science of assessments in addition to the technology around it. The main benefits and salient features of our assessment platform are highlighted below: - Create multi-competency assessments - i.e. measure aptitude, technical and personality skills applicable in work environment - Simulation based - sharper measurement of skills - Automatic invigilation - for remote testing situations - Actionable analytics - deep report on candidates generated real time
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