Blume raised $41 million in opportunity fund Fund IIA

Blume Ventures raised $41 million in its opportunity fund - Fund IIA from Blume’s domestic and international investors, to back its growth stage portfolio startups.

As per the press statement, Blume would be investing the latest fund follow-on rounds of the winner of Funds I, IA, and II which include 10 portfolio startups- Unacademy, GreyOrange, Servify, Turtlemint, Dunzo, Purplle, Railyatri, Milkbasket, Tricog, and Cashify.