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Blume Ventures Invests in IndianStage, AudioCompass, Tripvillas & Others

Angel and seed stage venture capital fund Blume Ventures has announced new investments in online event ticketing site IndianStage, audio travel content provider AudioCompass, robotics & automation firm Systemantics and fresh sea food brand PescaFresh through its quarterly investor report. It has also disclosed further investment in its portfolio company Tripvillas, a holiday accommodation site. While Systemantics & Tripvillas were syndicate investments, all others were lead investments. IndianStage IndianStage is a Bangalore-based online event ticketing platform which focuses on the performing arts segment. Blume Ventures has co-invested in them along with Google India MD Rajan Anandan. The company offers online ticketing and also conducts events like music concerts, theatre, dance, comedy shows, workshops and others. It currently offers online ticketing for events in 10 Indian cities like Bangalore, Mumbai, Delhi, Pune, Chennai, Ahmedabad and others. It also has a paid membership service called The Green Room, which claims to offer priority booking & seating, discounts and others. Membership starts at Rs 2,500 and goes up to Rs 25,000. AudioCompass AudioCompass provides travel guides and audio travel apps for mobile phones. Blume Ventures has co-invested in them along with Cox & Kings promoter family. The company claims to offer content for more than 100 tourist attractions, with 30 new attractions added every month. Some of the tourist attractions include Agra Fort, Taj Mahal, Bombay Star Home Tour, Mumbai Heritage Tour (Footsteps of the Raj), Khajuraho, Hyderabad’s Salar Jung museum and Sanchi among others. It currently offers mobile apps for iOS and Android. While the apps are free for download, one has to purchases travel guides through…

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