Venture Capital
Early-stage venture capital firm Blume Ventures has teamed up with two US-based funds to launch an accelerator-cum-fund platform to invest in business-to-business startups in India. Arka Ventures Labs is anchored by Blume, Benhamou Global Ventures (BGV) and Emergent Ventures. It will provide seed and pre-seed capital of up to $200,000, Blume said in a statement. The platform will also offer mentorship, infrastructure and access to the Silicon Valley ecosystem that is critical for scaling up B2B startups in the US, it added.