Explore the latest news, in-depth reports, and executive analysis tagged with #Blume Ventures.
Turtlemint remains the only fintech investment that Blume Ventures has taken from seed to the public markets. But it is not the only bet from which the VC has generated liquidity.
The Bengaluru-based startup will use the fresh capital to scale its operations over the next 12 months and expand geographically, among others.
The fresh capital will primarily go towards completing development of its flagship title 'eCricket' and building out live operations infrastructure.
The investment in M, which is operated by Curious Digital Pvt Ltd, is done at an estimated post-money valuation of Rs 300 crore.
RUGR and IppoPay are now part of the wider investigation into suspected GST violations tied to a high-value online betting case.
The funding round saw participation from Ikemori Ventures, Raise Financial Services, QED Innovation Labs, and existing investors Antler, IIMA Ventures, and Neon Fund.
The investment round saw participation from Y Combinator and Blume Ventures, among others.
The funding round also saw participation from existing investors Blume Ventures and Dallas Venture Capital.
The funding round also saw participation from existing investors Accel, Blume Ventures, Kae Capital, 8i Ventures and DevC.
However, the Bengaluru-based fintech has booked Rs 6.5 crore in profits in the first half of FY26.
In addition, the company raised Rs 110 crore in debt from IDFC and Axis Bank.
Each member of the alliance will commit "meaningful private capital" over 5-10 years to India-based deep tech companies.
The funding round also saw participation from India Quotient, Sinarmas Group, and several other investors.
Announcing the development, Ohm Mobility founder said the company is winding down operations after it failed to scale and sustain the business.
In February, The Head and Tale reported that PowerUp Money raised $4.75 million to build a next-generation wealth management platform.
