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 Jewelry

Salty

Seed Round in 2024
Salty is an Indian online retailer specializing in fashion accessories. It offers a diverse range of affordable, trendy products, including jewelry for women, men, and couples, as well as watches and rings, catering to varied tastes and styles.

Drip Project

Seed Round in 2023
Drip Project is a jewelry brand that aims to blend cultural inspiration with accessible luxury, positioning itself with the motto "Luxury at an Affordable Price." Specializing in hip-hop jewelry, the company offers a range of handcrafted pieces, including bracelets, chains, and rings, designed to empower individuals to express their unique style and personality. By focusing on statement-crafted ornaments, Drip Project caters to men seeking distinctive streetwear jewelry. The brand operates primarily through its online platform, making its products readily available to a broader audience.

Little Black Book

Series A in 2019
Little Black Book sells women's wear, apparel for men, footwear, accessories, jewelry, home decor, snacks, and beverages. They provide web and mobile shopping apps. They also provide gifting guides and gift ideas for anniversaries, birthdays, weddings, and other special occasions.

Little Black Book

Venture Round in 2017
Little Black Book sells women's wear, apparel for men, footwear, accessories, jewelry, home decor, snacks, and beverages. They provide web and mobile shopping apps. They also provide gifting guides and gift ideas for anniversaries, birthdays, weddings, and other special occasions.
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