Venture capital firm, Blume Ventures, has released a quarterly report in which it discloses funding updates, via an Instamojo listing. Although, the report does not contain details about performance of the portfolio companies and investment details (they're issued separately and not made public), it does disclose previously undisclosed investments: - Framebench - It is essentially a collaboration tool facilitating communication between Designers and Clients, with support for storage, demonstration, and interaction. The service is invite based and in early stages of development. Founded by Rohit Agarwal & Vineet Markan, Co-investors: Individual Angels, Maneesh Bhandari, Ladsariya group. - Glamrs - Yet to be launched. It appears that the site will offer content related to beauty, including Reviews, Expert Tips, Ratings, How-To videos, Demos and Features created by its experts, and an online store offering a curated range of beauty products. It will also offer a monthly box of beauty products to discover and try. Co-investors include Anil Chopra, Sanjay Kamlani, among other angels. - IDfy - Allows users to create a virtual identity by scanning and uploading their identity documents and getting their credentials verified. It also allows organizations to conduct online background checks of employees. It offers a freemium model with different pricing plans and plans for standalone document verification. The service was founded by Ashok Hariharan and Hatim Baheranwala. It has other individual angels as co-investors. - 23spaces - It is an app development company. The company is currently developing two different apps - Focal which aims to organize and enable the…
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