Blume backed health startup BeatO acquires Pune based Novique

Health startup BeatO announced on Thursday that it has acquired Pune-based Novique Health for an undisclosed amount. Following this acquisition, BeatO said it will be able to augment its services of combating diabetes through clinically proven management, reduction, and reversal of diabetes. It will achieve this by addressing the condition’s root cause, the company said…

ByGirish ShettiSeptember 9, 20210Comments

funding

Blume Ventures and Gunosy double down on its Investment in Slice

The millennial-focused fintech startup Slice announced on Monday that it has raised $20 Mn in equity funding from existing investors Gunosy & Blume Ventures. This investment is part of its ongoing series A round. Although the Bengaluru based startup has kept silence on its valuation, its valuation may have seen a sizable jump during the…

ByGirish ShettiJune 28, 20210Comments

News

IRDAI gives Green Signal to Insurance Companies to Invest in Indian Startups

India’s burgeoning startup industry is certainly witnessing a honeymoon phase and this one probably has to be the best honeymoon phase it has ever witnessed. After a unicorn spree this week, this fledging yet ambitious industry has another reason to cheer. India’s insurance regulator, IRDAI, has relaxed the investment rules for insurance companies investing in…

ByGirish ShettiApril 10, 20210Comments

Funding News

Conversational AI startup Agara gets another $4.3 Mn funding in Pre-Series A round

Conversation voice AI startup Agara has got a fresh $4.3 Mn capital infusion as part of its extended Pre-series A funding round. UTEC spearheaded the funding round while existing investors Blume Ventures and RTP Global also pumped funds in the round. With the latest fundraising round, the Indo-American startup has raised total $7.5 Mn in…

ByGirish ShettiFebruary 3, 20210Comments

News

Blume Ventures backed BeatO to foray in Southeast Asian Market

Health-tech startup BeatO announced on Wednesday that it is all set to foray into the highly completive Southeast Asian Market. The startup, which helps in controlling and managing diabetes, will be making its debut in the Asean market by first launching its products in the Singapore market. The company has already partnered with Ascensia Diabetes…

ByGirish ShettiJanuary 27, 20210Comments

Funding News

Blume Ventures closes first round of Third fund at $40 million

Mumbai based venture capital firm Blume Ventures has successfully closed the first round of its $80 Mn Fund III corpus. Through the first round, the company has raised $40 Mn and will raise rest of the funds by early next year. The angel Investors who participated in the first round mostly hailed from India, Japan and…

ByGirish ShettiOctober 4, 20180Comments

News

Bengaluru based food tech startup MonkeyBox Raises pre- Series A funding from Blume Ventures

The food tech startup MonkeyBox Food Tech Pvt. Ltd has raised undisclosed amount from Blume Ventures and other small investors as part of its pre- Series A round. This is the second time that Blume Ventures has reasserted its faith in MonkeyBox. Last year in November, it along with other investors had led the seed…

ByGirish ShettiJuly 21, 20170Comments

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