Blume Ventures

Blume Ventures, established in 2010 and headquartered in Mumbai, is an early-stage venture capital firm that invests in tech-focused and tech-enabled startups across India. They typically provide pre-series A and early-stage funding, often being the first institutional investors, and maintain a collaborative approach by co-investing with like-minded angels and seed funds. Blume Ventures offers follow-on investments to their portfolio companies, with an investment horizon of about 8-10 years. They target a wide range of sectors, including B2B and B2C products and services, financial services, healthcare, and information technology, among others. The firm invests amounts ranging from USD 100,000 to USD 5 million, with a preference for minority stakes. Blume Ventures assists founders at every stage through its full-stack platform approach, providing support in talent acquisition and more.

Arpit Agarwal

Partner, Investment and Director

Akhilesh Agarwal

Associate Vice President

Apurva Dixit

Associate Vice President

Ashish Fafadia

Partner

Vikram Gawande

Vice President, Growth

Vikram Gawande

Vice President

Jatin Madhra

Associate

Marmik Mankodi

Assistant Vice President - Investments

Marmik Mankodi

Associate Vice President

Venkatesh Modi

Associate

Mudit Narain

Vice President

Sanjay Nath

Co-Founder and Partner

Sajith Pai

Partner

Sarita Raichura

Director - Network Investment Programs

Karthik Reddy

Co-Founder and Partner

Joseph Sebastian

Associate Vice President

Apurva Dixit

Associate Vice President

Past deals in HoReCa

goStops

Series A in 2025
goStops is a brand of youth hostels in India focused on providing affordable and quality accommodations for young travelers. The company operates and manages hostels designed to foster social interaction and community living, featuring amenities such as air-conditioned dorms, private rooms, and recreational facilities like mini theaters and games. By emphasizing a blend of comfort and experience, goStops aims to make travel accessible and enjoyable for the youth, offering a vibrant atmosphere that encourages connection among guests.

ChefKart

Series A in 2024
ChefKart Hospitality is a catering company that offers exceptional catering services for various events such as weddings, corporate functions, birthday parties, and more. The company also connects experienced home chefs with households to provide at-home cooking services. Additionally, ChefKart provides smart kitchen services aimed at assisting working professionals by offering trained cooks, pantry management, simplified meal planning, and reducing the need for frequent grocery trips. This allows customers to access nutritious, home-cooked meals conveniently.

ChefKart

Seed Round in 2022
ChefKart Hospitality is a catering company that offers exceptional catering services for various events such as weddings, corporate functions, birthday parties, and more. The company also connects experienced home chefs with households to provide at-home cooking services. Additionally, ChefKart provides smart kitchen services aimed at assisting working professionals by offering trained cooks, pantry management, simplified meal planning, and reducing the need for frequent grocery trips. This allows customers to access nutritious, home-cooked meals conveniently.

Hotelogix

Venture Round in 2012
Hotelogix is a company that provides a cloud-based hotel property management platform designed to streamline various aspects of hotel operations. The platform is particularly well-suited for independent hotels, chains, resorts, inns, lodges, bed & breakfasts, and other mid-sized hospitality setups. It offers a user-friendly sign-up process that allows users to set up their property in less than 10 minutes. Hotelogix's Software as a Service model eliminates the need for prohibitive upfront deposits and additional infrastructure costs, making it accessible for businesses of all sizes. The platform integrates front desk operations, point-of-sale systems, housekeeping tasks, and connects to hotel booking networks through an online distribution system. This integration enables hotels to manage reservations, payments, generate reports, and handle price, revenue, and review management across multiple languages and currencies.
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