Early stage VC firm Blume Ventures has recently disclosed investment in four startup in which it has first six months of the year. According to its half yearly report for 2014, Blume has invested in Greytip, SnapLion, SocialBlood and Snapbizz.
Greytip: It provides cloud-based HR and payroll management solutions to small and medium enterprises (SMEs). Greytip solutions help to automate Employee Info management, Payroll & Statutory compliance, Leave & Attendance, and Training administration..
SnapLion: SnapLion Global Ltd is a Gibraltar-based startup with a subsidiary in Delhi SnapLion.com. SnapLion is a powerful online platform that creates rich media mobile (iPhone/Android ) applications – quickly, easily and inexpensively – for anyone from large brands to small businesses and individual publishers and help them in their community engagement objectives.
Co-investors: Rehan Y Khan, Rajan Anandan, India Internet Group
SocialBlood: Socialblood.org, is a social network that connects blood donors and recipients of the same blood type using Facebook. It basically provide solutions for Hospitals and Blood centres to move away from excelsheets and get online and lets one judiciously manage your blood stock levels
and manage, reward and follow up with donors who choose institution.
Co-investors: Ravi Gururaj, Rajan Anandan, Ramesh Shah
Snapbizz: Based out in Bangalore, Snapbizz is an ecommerce enabler, which also works in the marketing space.
Co-investors: Qualcomm, Qualcomm Ventures, Taurus (S’pore)
Apart from these, Blume had participated in funding round of various other startups for the year, these include Series A investments in GreyOrange, Covacsis and WeAreHolidays, Series B investments in Reviews42 and Taxiforsure and then Series C participation in Taxiforsure.
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