{"id":970138,"date":"2025-10-29T08:10:20","date_gmt":"2025-10-29T02:40:20","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=970138"},"modified":"2025-10-29T08:25:36","modified_gmt":"2025-10-29T02:55:36","slug":"blume-ventures-logs-initial-close-of-fifth-fund-at-175-million","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/10\/29\/blume-ventures-logs-initial-close-of-fifth-fund-at-175-million\/","title":{"rendered":"Blume Ventures logs initial close of fifth fund at $175 million"},"content":{"rendered":"<p>Early-stage venture capital firm Blume Ventures has made the initial close of its latest investment vehicle at $175 million, cofounder and partner Karthik Reddy told ET.<\/p>\n<p>The Bengaluru-based VC firm has backed companies such as Purplle, Unacademy, Spinny and Cashify. Its new fund, which is targeting a corpus of $250-275 million, will announce its final close by early next year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Early-stage venture capital firm Blume Ventures has made the initial close of its latest investment vehicle at $175 million, cofounder and partner Karthik Reddy told ET. The Bengaluru-based VC firm has backed companies such as Purplle, Unacademy, Spinny and Cashify. Its new fund, which is targeting a corpus of $250-275 million, will announce its final close by early next year.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-970138","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/970138","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=970138"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/970138\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=970138"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=970138"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=970138"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}