Unacademy, Dunzo backer Blume Ventures closes largest India-dedicated fund at $250m

Unacademy, Dunzo backer Blume Ventures closes largest India-dedicated fund at $250m

Sanjay Nath and Karthik Reddy, founders of Blume Ventures. Photo: Abhijit Bhatlekar/Mint

Early-stage venture firm Blume Ventures, which has backed the likes of Dunzo and Unacademy, has raised $250 million for its fourth India-dedicated fund, as it looks to make inroads into the country despite a slowdown in deal activity globally.

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