blume ventures

From funding woes to mass layoffs and a major drop in its business, the crisis seems to be deepening for the Reliance Retail-backed quick-commerce startup Dunzo.Here’s a look at ETtech’s comprehensive coverage of the latest developments at…

The funding drought for Indian startups sent growth- and late-stage rounds to zero with venture capital funds specialising in these stages continuing to remain cautious this week.Early stage funds, on the other hand, made small deployments…

Dunzo, a hyperlocal delivery services startup, has delayed the payment of employee salaries for one month, and plans to settle any outstanding dues from the previous month in September. The startup announced that it had to defer a portion…

After a big cull three months ago, Reliance Retail-backed quick commerce startup Dunzo may finalise its plans to terminate more jobs. It has had to already defer half of the June salary for employees at the manager level and above due to a…

Dronemaker Ideaforge had a stellar opening, with the stock nearly doubling in value from its issue price on both bourses. The lack of listed competitors and the company’s market leadership saw investors across categories making a beeline…

Battery swapping network Battery Smart on Thursday said it has raised $33 million (around Rs 272 crore) in funding that saw participation from the company's existing investors, Tiger Global and Blume Ventures, as well as new investors, The…

EarKart, a hearing aid technology firm, has raised an undisclosed amount in a funding round led by Agility Ventures. The round also saw participation from other investors, including Blume Ventures. The company also counts Ashneer Grover as…

Auto rickshaws offered services during peak hours in Bengaluru despite being on a strike against ‘illegal’ bike taxis. The fight between city unions and ride-hailing companies has intensified in recent times.This and more in today’s ETtech…

Blume Ventures, an Indian early stage startup-backer, will demand portfolio companies headquartered abroad hold well-capitalised bank accounts in India after the failure of Silicon Valley Bank.The collapse of the US lender left the firm,…

Singapore headquartered freight rate management SaaS ( software-as-a-service) platform Freightify on Thursday said it raised $12 million in an early stage of funding led by Sequoia Capital India. TMV and Alteria Capital as well as returning…