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BigBasket Cofounder's LaundryMate Picks Up INR 50 Cr In Funding

LaundryMate, founded by BigBasket cofounder Abhinay Choudhari, has raised INR 50 Cr ($6.25 Mn) in Pre-Series A funding. ....

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LaundryMate raises Rs 50 crore from Blume Founders Fund and others, eyes expansion

The Indian laundry services market is estimated to have a total addressable opportunity of $14 billion by 2025, with about 80 percent of the segment being B2C focused, according to analysts at Redseer. ....

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Business News | Wealthtech Platform 'BHIVE.fund' Raises Strategic Investment from Nikhil Kamath's Gruhas, Blume

Get latest articles and stories on Business at LatestLY. Alternative Investments Wealthtech Platform BHIVE.fund has raised strategic investments from Gruhas Proptech, Blume Ventures, and other marquee investors. Business News | Wealthtech Platform BHIVE.fund Raises Strategic Investment from Nikhil Kamath s Gruhas, Blume. ....

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Startup Winvesta raises funds in Seed round from Speciale Invest, Blume Founders Fund, Kunal Shah

Startup Winvesta raises funds in Seed round from Speciale Invest, Blume Founders Fund, Kunal Shah
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Blume Ventures Launches Blume Founders Fund, Its Founder Network Initiative

By Team Startupcity | Friday, 08 January 2021, 13:21 Hrs
Blume Ventures, an early stage venture capital firms, announced the launch of
Blume Founders Fund, its founder network initiative. The fund which will utilizes 1-2 percent of the core investment funds is aimed at investing in startups outside the VC fund’s core investment program and foster strong partnerships with more founders. In a statement, the firm said that the program will invest a range of $25K to $100K depending on the size of the round, the strength of the relationship etc and will not reserve capital to invest beyond this first cheque.
Founded in 2010 by Karthik Reddy and Sanjay Nath, Blume Ventures is a Founder First firm that provides pre-series A and early stage funding to tech-focused/tech-enabled ventures. The VC firm had had closed its Fund III at $102 million in February 2020 to back early-stage startups followed by closing its opportunity fund at $41 million to back it ....

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