Venture Capital
Early-stage technology investor Blume Ventures has raised more than $30 million for its Fund II. This brings Blume Ventures halfway across to its Fund II target corpus of $60 million. This round was lead by ICONIQ Capital, which adds to its early supporters IIFLWealth and the Government’s India Aspiration Fund, administered through SIDBI. In July, SIDBI announced that it had set aside Rs 2,000 cr fund-of-funds for startups.