Even as e-commerce ventures are seeing their valuations go down, healthcare-related tech start-ups are witnessing increasing interest from investors who are betting on higher returns and lower cash burn. HealthifyMe, a health and fitness mobile app, has raised series A funding of $6 million (abou…
Tag: Blume Ventures
Unacademy raises Rs 3.3 crore in funding led by Blume Ventures
Education technology platform Unacademy has raised $500,000 led by Blume Ventures along with a clutch of angels including Google’s Rajan Anandan, CommonFloor founder Sumit Jain and redBus founder Phanindra Sama, among others. “Unacademy’s vision is to distribute knowledge of the…
Infosys Co-Founder Nandan Nilekani invests in RailYatri
Infosys Co-Founder Nandan Nilekani has invested an undisclosed amount in train travel app, RailYatri.in. In addition to the Former UIDAI Chairman, RailYatri’s existing investors Helion Ventures, Omidyar Networks and Blume Ventures have participated in this round, RailYatri said in a stateme…
Robotics firm Systemantics gets next round of funding from Nandan Nilekani
Robotics firm Systemantics, which builds industrial robots for the manufacturing sector, has raised another round of funding from venture capital giant Accel Partners and Infosys Co-Founder Nandan Nilekani, a few years after it received backing from investors such as Blume Ventures. Systemantics,…
Ratan tata invests in retail-tech startup SnapBizz
Bangalore based retail-tech startup SnapBizz today announced that it has raised funding from Ratan Tata, Chairman Emeritus, Tata Sons. In January 2016, SnapBizz had announced a Series A funding of $7.2 million led by Jungle Ventures, Taurus Value creation, Konly Venture and Blume Ventures. With t…
Start-up India has Rs 930-crore legs to stand on
The government’s `Startup India, Stand Up India’ programme seems to be gaining some momentum, with the Small Industries Development Bank of India (Sidbi) clearing Rs 930 crore from the Rs 2,000-crore fund-of-funds it launched in August to support venture capital funds. Sidbi’s I…
Nexus has raised $450 million
Nexus Venture Partners has announced to close its fourth round of funding of over $450 million, making its total capital under management in eight years to over $1 billion. According to Naren Gupta, Co-founder and MD, Nexus Venture Partners.“We are thankful to our investors that continue to back …
Analytics startup Zenatix Solutions raises funding from Blume Ventures
Zenatix Solutions, an internet-of-things (IoT) driven energy-data analytics startup has raised an undisclosed amount of follow-on funding led by seed focused fund Blume Ventures. This comes about five months after the Gurgaon-based startup raised Rs 1.27 crore from angel investors including Googl…