wordpress blog stats
Connect with us

Hi, what are you looking for?

Blume Ventures Investments: Framebench, Glamrs, IDfy, Emo2 & Others

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 discovery of curated information based on the context and Polo which aims to enable users to organize and discover curated travel experiences. Focal is currently in the Alpha stage and Polo is in ideation stage. The company was founded by Nitin Hayaran, Rohit Muppidi and Vipul Shaily.

Advertisement. Scroll to continue reading.

Other (previously disclosed) investments made by the Fund:

Reviews42 – Community based product reviews platform. Founded by Neeraj Jain & Surjendu Kuila, with Ventureast as co-investor. We had reported the funding in June.

Exotel – Provides a virtual business telephony system. Founded by Shivakumar Ganesan, Ishwar Sridharan, Siddharth Ramesh and Vijay Sharma. Had raised Rs 2.5 crores in its Series A funding from Blume and Mumbai Angels in return for 25% stake. Other co-investor – BITS Angel.

Sporting Mindz: It offers analytical solutions and services to sports organizations to improve the performance of sportsmen. Among the products currently offered include a sports technique analysis software SKRUTiN, an umpire training and assessment software 3rd Eye and match analysis software for Cricket, Tennis, Hockey and Football. Founded by Sanjay Rao and Sandeep Kannambadi. Co-investors include Anil Kumble Sports.

Aurality: It offers an iOS app which acts as a personal web radio that allows users to listen to their favorite blogs, news, articles or any website. Founded by Janhavi Parikh & Bhavin Badheka. It had raised $300,000 seed funding from Google India MD Rajan Anandan, Vikas Taneja, Indian Angel Network’s Sunil Kalra and Blume Ventures. Other Co-investors: Veddis, Hemant Kanakia, Anmol Nayyar, Ladsariya group, and Ravi Trivedi.

Cherish Maternity: An e-commerce company which provides pregnancy and maternity products like apparel, books, and gifts. Founded by Arathi Kuppu. Co-investors include Rehan yar khan, and Rajan Anandan.

Advertisement. Scroll to continue reading.

Hashcube:  It develops puzzle games for social networking sites like Facebook, Myspace, Orkut and Hi5 and mobile platforms like Apple’s iOS. Among the titles developed by the company include Facebook games like SudokuSudokoQuestLoop the LoopDotGame and web games like Sudoku SolverPhotographic Memory Game, and Color Matching Game. Founded by Deepan Chakravarthy & Ramprasad Rajendran. We had reported the funding in July. Other Co-investors: Indian Angel Network.

Insieve: It is an information sharing network which learns about the interests of user’s friends network based on the content shared by the user, and provides article recommendations to share with a specific friend based on their interests. Among the company’s products include a content discovery engine Dhiti, a meta-search discovery engine Nuggetize and a twitter analysis service Intweetion. Founded by Bharath Kumar Mohan & Venkatesh K Sharma. It had raised an angel round of funding from Ojas Ventures and Blume Ventures in April 2012.

TaxiForSure: An online taxi booking service which aggregates car rentals and taxis by working with various taxi operators. The service is currently available in Bangalore with plans to launch in Delhi and Mumbai in the near future. Founded by Aprameya Radhakrishna & Raghunandan G. We had reported this funding in May 2012. Co-investors: Accel Partners, Helion Venture Partners and Individual Angels.

United Mobile Apps: A mobile app development company which develops apps for various mobile platforms. Some of its products include USync Contacts Backup, UConnect Connection Manager, UManage Device manager, Friend Locator, Delete Contacts on Android and the Auto Rikshaw complaint app. Founded by Sriram V Iyer & Arun Samudrala. Co-Investors: Mumbai Angels, India Value Partners, PB Consulting (Austria). We had covered the company in February 2011.

Emo2: A surface computing company which develops both hardware and software for touch screens. The company plans to launch a 42-inch multi-touch multi-user touch screen, emo2 world later this year (Video Demo). Founded by Mir Abid Hussain & Mohammed Azharudin. Co-investors include  Rajan Anandan, Zafar Baig, and other angels.

Rolocule Games: A game development studio which specializes in developing console-like games for tablets and smartphones. Some of its games include iPhone games like Flick TennisTouch SquashSuper Badminton 2010, and iPad games like Flick Tennis: College Wars HD andSuper Badminton 2010 HD. Founded by Rohit Gupta & Anuj Tandon. The company had raised funding from Mumbai Angels, Blume Ventures and other angel investors in June 2012.

Advertisement. Scroll to continue reading.

By Anupam Saxena and Vikas SN

Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.



While the market reality of popular crypto-assets like Bitcoin may undergo little change, the same can't be said for stablecoins.


Bringing transactions related to crypto-assets within the tax net could make matters less fuzzy.


Loopholes in FEMA and the decentralised nature of crypto-assets point to a need for effective regulations.


The need of the hour is for lawmakers to understand the systems that are amplifying harmful content.


For drone delivery to become a reality, a permissive regulatory regime is a prerequisite.

You May Also Like


Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...


135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...


Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...


By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Your email address:*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ