Oct 2010 – Present · 15 yrs 6 mos · Mumbai, Maharashtra, India

• Building Blume since late 2010
• Blume focuses on investing in Seed to Pre-Series A startups born out of India. We back our best portfolio companies through the growth stages.
• 5 Primary Funds:
• Fund I (2011-15) $20M
• Fund II (2015-18) $60M
• Fund III (2018-21) $102M
• Fund IV (2021-22), $290M
• Fund V (2025-26), First Closing Completed $175M, Final Close Target $250-275M
• Opportunity Funds and Secondary Funds (2018-25) ~US$200M AUM
• Blume's largest ACTIVE Fund portfolios include:
• Fund I: Purplle, Turtlemint, Grey Orange, Carbon Clean, Exotel, Cashify, IDfy, Zopper, IntrCity, Webengage
• Fund II: Spinny, Slice, Servify, Smallcase, Unacademy, Squad
• Fund III: Ultrahuman, Pixxel, Lambdatest, Classplus, LeverageEdu, Jai Kisan, Ethereal Machines, Bureau
• Fund IV: BatterySmart, AtomicWork, Stage, Aerem, Optimo Capital, Vecmocon, Virohan, Uno (InterviewKickstart)
• amongst other rising stars.
• Karthik's active board representations (Director | Observer) include (as of 2025):
• Grey Orange, Servify, Ultrahuman, LeverageEdu, smallcase, Exotel, IDfy, Stage, Bureau, HealthifyMe, Procol, Uno (InterviewKickstart), Flash, Lightfury, Picsee
• Blume's biggest exits to date include:
• TaxiforSure (to Ola), GreytHR (to Apax Partners) Locus (to Ingka Group / IKEA), Runnr (to Zomato), Agara (to Coinbase), Minjar (to Nutanix), Mettl (to Mercer Consulting), Zipdial (to Twitter), Superset (to Byjus | Great Learning), Promptec (to Havells), Threadsol (to Coates), and the SMB IPOs of E2E Networks and Infollion.