Latest Breaking News On - Indian lps - Page 1 : comparemela.com

Blume Ventures to raise new fund to offer exits to existing investors in rare startup move Blume Ventures, the Mumbai-based startup investor, is preparing to raise a secondaries fund to replace existing investors with new ones and pump money in up to 12 businesses.  February 05, 2021 / 05:48 PM IST Indian starup investor Blume Ventures is in talks to raise a Rs 400-crore fund to buy out its own holdings in older portfolio companies and double down on a few of its existing investments, said people familiar with the matter. The so-called secondary fund will give an exit option to early investors from whom Blume raised funds to invest in businesses. This kind of fund-raising unprecedented in the Indian venture capital space allows Blume to retain its stake in startups with a new set of investors.

Karthik reddyIndian lpsSanjay nathMohan kumarWhy this fund is differentBlume venturesSuch fundsInternal rateNorwest venture partners indiaCapillary technologiesAvatar venture partnersVenture capitalகார்த்திக் சிவப்புஇந்தியன் ல்ப்ஸ்சஞ்சய் நாத்மோகன் குமார்