blume ventures

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blume ventures

Cashify, a marketplace for gadgets trade-ins and buybacks in India, has raised $90 million in a new financing round as it looks to expand its business in the world’s second largest smartphone market. Prosus Ventures and NewQuest Capital Partners led the seven-year-old Indian startup’s Series E fund…

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Unacademy tells employees to focus on profitability at all costs to ‘survive the winter’

Unacademy, Vedantu and Lido each cut their workforce in recent months to eliminate redundancies and improve their financial performances.

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LambdaTest raises $45 million to build ‘AWS for testers’

Web developers have to run hundreds of tasks and they are able to do so on their own machines. But when a developer firm – at a scale – has to perform similar activities, they don’t often have – and in many cases, want to have – the required computing power at their disposal to […]

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India’s Classplus raises $70 million to help teachers and creators expand their reach

At a time when so many edtech firms in India are attempting to cut their reliance on teachers, a Noida-based startup that is helping teachers and creators operate, manage and sell courses to students has raised $70 million in a new financing round. That startup, Classplus, is now valued at $570 mil…

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Exotel raises $40M for its full-stack customer engagement platform

Exotel has raised $40 million in a financing round, just three months after securing $35 million in funding, as the Bangalore-based customer engagement startup demonstrates growth.

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India’s Slice becomes unicorn with $220M funding from Tiger Global, Insight Partners and Advent

Indian fintech Slice, which offers a credit card challenging product, has joined the unicorn club with fresh funds from Tiger Global, Insight Partners and others.

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India’s Blume Ventures raises $105 million in the first close of its fourth fund

Blume Ventures said on Wednesday it has raised $105 million in the first close of its fourth fund, less than two years after finalizing its previous fund, as investment activity intensifies in the world’s second-largest internet market. The 11-year-old firm, one of the largest Indian venture funds,…

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Coinbase to acquire India’s Agara for over $40 million

Coinbase is acquiring Agara, a startup that began its journey in India. Agara operates an AI-powered customer support platform.

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Blume Ventures and AWI back Indian exporter SaaS startup SourceWiz

Small and medium-sized exporters in India struggle to communicate their designs with buyers. They can’t list those designs publicly on their website or sell through popular business-to-business platforms such as Alibaba and IndiaMart, as doing so would risk giving away the proprietary property to r…

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YC makes a Product Hunt, Product Hunt makes an a16z, a16z makes a YC

Tech innovation is a cycle, especially in the main character-driven world of early-stage venture capital and copycat nature of startups.

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When do layoffs matter? Trick question — always

Equity is the TechCrunch podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.

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