New Delhi-based electric vehicle start-up Euler Motors recently announced that it has raised ₹20 Crores through its ongoing series A funding round. The fundraiser was led by Inventus Capital along with other participants. The other investors in the fresh round of funding include Blume Ventures, Singapore-based Jetty Ventures India Investments and Udaan’s co-founder Sujeet Kumar.…
Tag: Blume Ventures investments
New Delhi-based Euler Motors raises Series A funding led by Inventus Capital
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•Euler Motors Pvt. Ltd, a New Delhi-based automotive tech startup, announced that it has raised Rs 12.5 crore in its Series A round of funding led by an early-stage investor Inventus Capital Partners, according to a VCCircle report. Other investors that took part in the funding round include Jetty Ventures and Sujeet Kumar, co-founder of…
Edtech platform Classplus to raise ₹73 Cr in a new funding round
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•As the coronavirus pandemic has halted onsite learning at school, colleges and tuition, edtech platforms have been witnessing a surge in their user database. Taking into account the demand of these platforms, investors have been aggressively putting their bets on these platforms. Recently, Noida-based Classplus announced that it is set to go ahead with its…
Blume Ventures closes $41mn opportunity fund
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•Venture Capital firm Blume Ventures recently announced the closure of its opportunity fund titled Fund IIA at $41mn. The fund will be used to support growth-stage portfolio startups. The announcement of the opportunity fund follows the closure of Fund III by Blume Ventures. According to a company statement, the investment for the new fund was…
Blume Ventures closes third fund at $102mn
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•Venture Capital firm Blume Ventures recently announced the closure of its Fund III at $102mn. The firm’s third fund has been raised from anchor investors based in India, Japan, the US, and Asia. The fund also raised amounts from existing limited partners, who have earlier invested in previous funds. According to a company press release,…
Carbon Clean Solutions raises $16 mn fresh funding from global investors
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•Carbon Clean Solutions Ltd, a clean-tech company, announced that it has raised $16 million in a fresh funding round from three global investors. Earlier, the company had raised funding from Blume Ventures in 2011. As per the company’s statement, Carbon Clean Solutions has raised fresh capital from US-based WAVE Equity Partners and Chevron Technology Ventures,…